US Treasury Seeks Input on AI Risks and Opportunities in Finance

The U.S. Department of the Treasury has issued a request for public comment on the uses, opportunities, and risks of AI in the financial services sector. This initiative aims to understand AI's impact on consumers, investors, and financial institutions, and to gather recommendations for enhancing legislative and regulatory frameworks. The Treasury seeks diverse perspectives to promote inclusive and equitable access to financial services through AI innovations. Comments are open for 60 days and will be publicly available on regulations.gov.