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Congress tasked the Bureau with ensuring that markets for consumer financial products and services operate transparently and efficiently to facilitate access and innovation.  One area of innovation we are monitoring is use of artificial intelligence (AI), including a subset of AI, machine learning (ML).  Issues concerning use of AI and how it may apply in the context of the Bureau’s consumer financial services statutes and regulations were raised in response to the Bureau’s 2017 Request for Information Regarding Use of Alternative Data and Modeling Techniques in the Credit Process, the Bureau’s 2018 Calls for Evidence, and in other outreach since then.  As the Bureau continues to monitor developments concerning AI, the Bureau will evaluate whether rulemaking, a policy statement, or other Bureau action may be appropriate.