Treasury and Artificial Intelligence

With the increasing prevalence and use of AI throughout the financial sector, Treasury is committed to provide information to the public not just on AI security and best practices in the financial sector, but also related to Treasury’s own use of AI. This site serves as a repository of that information.

With the publication of EO 14110 – Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence and OMB’s M-24-10 Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence, [KC1] Treasury is committed to providing transparency into Treasury’s own use of AI systems. Below you will find information on Treasury-developed and supported reports, AI use cases within Treasury, and press releases and news items related to Treasury’s use of and views on AI in the financial services sector.

REPORTS AND PUBLICATIONS

Treasury understands the need to provide information to the financial services sector on the opportunities and challenges that may arise from AI use. The documents below provide an overview of some of the work Treasury is doing to address AI use, to include Treasury’s report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector, as well as Treasury’s Plan for Consistency with M-24-10.

Department of the Treasury’s Compliance Plan for OMB Memoranda M-24-10

Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector

AI USE CASE INVENTORY

The below documents list out AI use cases currently being piloted or used within Treasury. While there are static lists from 2022 and 2023, future lists will be updated on a rolling and constant basis.

Treasury 2023 AI Use Case Inventory

Treasury 2022 AI Use Case Inventory