Remarks by Deputy Assistant Secretary for the Financial Stability Oversight Council Sandra Lee at the Conference on Artificial Intelligence and Financial Stability

As Prepared for DeliveryGood afternoon and welcome to the Conference on Artificial Intelligence and Financial Stability, hosted by the Financial Stability Oversight Council (FSOC) in partnership with the Brookings Institution. I am pleased to welcome everyone who has joined us here in person at the Treasury Department, as well as those tuning in via webcast. This is the first time in almost a decade that FSOC has hosted a conference like this, and we look forward to facilitating an enriching discussion and a thoughtful exchange of ideas over the next two days.The FSOC was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act following the 2008 global financial crisis. Its mission was, and remains, to monitor the stability of the U.S.