Bessent defends Trump's AI approach against calls for safeguards
Treasury Secretary says administration worked on AI safety since April while opposing liability waivers for labs.
What to know
- Bessent claims the Trump administration has pursued AI safety measures continuously since April and forced Anthropic to withdraw an unsafe model, while rejecting calls from the same AI labs for liability exemptions.
- Trump rejects guardrails for AI development, arguing that strong presidential leadership provides all necessary oversight, and aligns his administration with Nvidia's pro-growth approach.
- Tension between industry calls for a development slowdown and simultaneous lobbying for liability protection reveals competing incentives among AI executives.
“We are trying to maintain the optimal growth rate. So we are solving for growth for both the innovation and safety, and we have been working on that for more than six months.”
Scott Bessent, Treasury Secretary · Yahoo Finance ↗
Scott Bessent Treasury Secretary
Donald Trump President
Jensen Huang Nvidia CEOStephen Lynch House subcommittee ranking member
How it unfolded 1 development · click the chart to see its coverage articles
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Bessent aligns Trump's AI strategy with Nvidia CEO's pro-growth agenda
Bessent told lawmakers that Trump is aligned with Nvidia CEO Jensen Huang on a pro-growth AI agenda focused on US dominance and expanded data center infrastructure. He cited a Monday phone call between Trump and Huang during the All-In Summit in Los Angeles as evidence of their policy alignment.
“I can tell you what we shouldn't do on safety is to give these labs a liability exemption, which is what they are asking for.”
— Scott Bessent, Treasury Secretary · source -
background
Bessent tells Congress Trump administration worked on AI safety 'nonstop' since April — Treasury Secretary Scott Bessent testified before the House Financial Services Committee that the Trump administration has pursued AI safeguards continuously and forced Anthropic to withdraw a model over safety concerns. He stated the administration rejected liability waivers AI labs are seeking, saying creators must be liable for what they build.
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background
Trump rejects AI guardrails, says strong presidency is 'only control' needed — President Trump posted on Truth Social rejecting calls from AI executives for guardrails, stating the government already has regulatory power and criticizing Anthropic CEO Dario Amodei for positioning himself as a "perfect little angel." Trump emphasized that US AI dominance under his leadership requires no external controls.
Also covered reported alongside — the timeline has no entry for these yet
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2 outlets Bessent Responds to AI Safety Concerns
first by Wall Street Journal, 12d ago · also Yahoo Finance
1 more headline
- Bessent defends Trump administration's safety stance on AI Yahoo Finance · 11d ago
and 1 smaller piece