Trump Federal AI Order

Benzinga

Trump signed an executive order creating a single federal AI regulatory framework that overrides state-level rules, arguing state laws would slow U.S. innovation. The order forms an AI Litigation Task Force to challenge state measures and ties compliance to BEAD broadband funding.

Transcript

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.

Category

Transcript

Be the first to comment

Recommended