The U.S. Treasury Department announced the conclusion of the Artificial Intelligence Innovation Series this week. The public-private initiative engaged leaders from financial institutions, technology firms, and regulators in dialogues on AI use, innovation, and regulatory impediments to adoption.
Treasury Secretary Scott Bessent said, “The global economy is undergoing a period of rapid transformation with breakthrough advances in AI.”
“The AI Innovation Series discussions reinforced that countries that deploy this technology most effectively will shape the next era of growth,“ Secretary Bessent continued. “We will continue working with the financial sector to ensure that regulatory approaches keep pace with technological developments and enable responsible AI adoption that enhances the strength of the U.S. financial system.”
As the Lord Leads, Pray with Us…
- For Secretary Bessent and U.S. financial officials to be prudent in their advancement of AI in U.S financial systems.
- The wisdom for the president and members of his administration as they promote the development of artificial intelligence across public and private sectors.
- For President Trump and his economic advisors to seek God’s direction as they set fiscal policies.
- For senators and representatives in Congress to be discerning as they consider AI regulations.
