Treasury Secretary Bessent weighs in on concerns around the use of AI in financial services.
Yahoo Finance·2026-02-04 16:56
On the issue of explanability, any any concern about that in the use of AI in the financial services industry. I'm sorry, what was the question. >> The issue of explanability, how when people apply for credit and are denied, we don't have the ability for AI to explain why they were denied.Is that a is that a concern. I mean, we are talking about the trust within the financial services. It it could be a concern, but we don't view it as a priority for financial stability.>> That That's the truth. ...