00:00It's Benzinga, bringing Wall Street to Main Street.
00:03President Donald Trump signed an executive order on Thursday establishing a single federal
00:07regulatory framework for artificial intelligence that would preempt state-level rules, according
00:12to CNBC. The order argues that state regulations could hinder USAI companies from innovating and
00:18competing globally. The administration, with support from AI and crypto czar David Sachs,
00:24has pushed to limit the influence of states such as California and New York.
00:28The order directs the Attorney General to create an AI litigation task force to challenge state AI
00:34laws. It also links compliance to eligibility for remaining BEAD broadband funding, requiring the
00:40Commerce Department to set conditions within 90 days. For all things money, visit Benzinga.com.
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