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Scott Bessent: “We are charged with financial stability and we are focused…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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'Sir, Please Be Responsive To My Question!': Stephen Lynch Gets Fed Up Fast With Scott Bessent

Published | Video Starts at 04:49

So it's obviously your. You've eliminated or dropped that priority as an issue for fsoc. So can you explain the change from protecting us to consumer and now eliminating regulations? We are charged with financial stability and we are focused on leveraging AI strength and the financial system resilience. But with economic growth in a security lens. On the issue of explainability, any. Any concern about that in the use of AI in the financial services industry? (04:49–04:58)

CLAIM

Asserts that the focus is on using AI to enhance financial stability and system resilience.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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