U.S. Treasury wraps up AI finance roundtables to shape regulatory policy
As financial firms move from testing artificial intelligence to deploying it more broadly, the U.S. Treasury is stepping up engagement with banks, technology companies and regulators on oversight and adoption. The department says insights from its latest AI Innovation Series will feed into ongoing policy work aimed at supporting innovation, financial stability and U.S. competitiveness.
Highlights
- Treasury’s Office of the Financial Stability Oversight Council and Artificial Intelligence Transformation Office concluded the fourth AI Innovation Series roundtable on May 19, 2026, finalizing discussions on financial system resilience amid technological change.
- Treasury officials and participants emphasize the need for updated, harmonized regulatory frameworks and greater regulatory clarity to support responsible, large-scale AI adoption in the financial sector.
- Findings from the roundtable series, which included financial institutions, technology firms and regulators, will inform Treasury and FSOC’s ongoing efforts to balance innovation, financial stability and U.S. sector leadership.
Treasury concludes AI policy discussions
Treasury.gov said the U.S. Department of the Treasury’s Office of the Financial Stability Oversight Council and the Artificial Intelligence Transformation Office hold the fourth and final roundtable of the AI Innovation Series on May 19, 2026, closing a public-private initiative focused on the resilience of the U.S. financial system during rapid technological change.Treasury Secretary Scott Bessent says advances in AI are reshaping the global economy and that countries deploying the technology most effectively will influence the next phase of growth. He adds that Treasury continues working with the financial sector so regulatory approaches keep pace with technological change and support responsible AI adoption.
Christina Skinner, deputy assistant secretary for FSOC, says the discussions bring together industry leaders and regulators to ensure policy initiatives enable AI adoption without undermining safety and soundness. She says outdated regulatory frameworks can discourage innovation and that such hesitation can itself become a financial stability risk.
Paras Malik, Treasury’s chief AI officer and counselor to the secretary, says AI adoption is shifting from experimentation to implementation across the public and private sectors. He says the main challenge is no longer defining AI strategy, but operationalizing it at scale while preserving trust, resilience and governance in financial services.
Regulatory clarity and sector resilience in focus
According to Treasury, roundtable participants include financial institutions, technology firms and regulators discussing high-value AI uses, practical ways to scale innovation and regulatory barriers that may slow adoption. Participants highlight AI’s potential to support financial stability, raise productivity and strengthen defenses against more sophisticated cyberattacks, fraud and financial crime.The discussions also underscore calls for governance and regulatory frameworks to evolve alongside fast-moving technology. Participants request greater regulatory clarity and harmonization, as well as continued public-private engagement to support responsible innovation.
The AI Innovation Series supports Treasury’s implementation of Executive Order 14179, “Removing Barriers to American Leadership in Artificial Intelligence,” and the administration’s AI Action Plan. The four roundtables, held from March through May, cover AI strategy and governance, value generation and efficiency, cybersecurity and risk management, and the implications for financial stability and economic security.
Treasury says findings from the series inform continuing work by the department and FSOC to encourage innovation, strengthen financial stability and maintain U.S. leadership in the sector globally.
In our earlier article on the tech-led selloff that hit U.S. chip stocks, we explained how a pullback in semiconductors reignited volatility and raised new questions about the durability of the AI-driven market rally. We also noted that shifting expectations for Federal Reserve policy and other cross-asset signals were keeping valuations and risk appetite highly sensitive to sudden swings.
- Forex
- Crypto