U.S. Regulator Quotes

AI and other new technologies can identify suspicious activity with a speed and precision that legacy 'rules-based' systems cannot match. These tools can elevate real risk signals and reduce false positives, allowing investigators to focus on what truly matters.

Travis Hill

Chairman

Federal Deposit Insurance Corporation (FDIC)

Remarks at the American Bankers Association Washington Summit, "An Update on Reforms to the Regulatory Toolkit"
March 11, 2026

We will work with OCC-supervised banks to clarify new ways for banks to conduct the very old business of banking and embrace new technologies like AI, ensuring these opportunities are available to all banks.

Jonathan Gould

Acting Comptroller of the Currency

Office of the Comptroller of the Currency (OCC)

Senate Testimony
February 26, 2026

Using AI to strengthen and improve AML compliance should be a no brainer.

Michael J. Hsu

Former Acting Comptroller of the Currency

Office of the Comptroller of the Currency (OCC)

Public statement / LinkedIn post, covered by Risk.net
July 9, 2025

If our regulatory environment is not receptive to the use of AI in these circumstances customers are the ones who suffer.

Michelle W. Bowman

Vice Chair for Supervision

Board of Governors of the Federal Reserve System

27th Annual Symposium on Building the Financial System of the 21st Century, "Artificial Intelligence in the Financial System"
November 22, 2024

[Financial institutions may adopt] machine learning or artificial intelligence, that can allow for greater precision in assessing customer risk, improving efficiency of automated transaction monitoring systems by reducing false positives, or reducing overall costs and improving commercial viability with certain customer types and jurisdictions.

Andrea Gacki

Director

Financial Crimes Enforcement Network (FinCEN)

Notice of Proposed Rulemaking, "Anti-Money Laundering and Countering the Financing of Terrorism Programs", Federal Register 89 FR 55428
June 28, 2024