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U.S. President Donald Trump reportedly stated support for government safeguards on AI in the banking system during a Fox Business interview, amid unverified reports of low corporate confidence in AI audits. Sen. David McCormick (R-Pa.) warned of surging energy demands and China's AI lead, while executives report revenue gains from integrated AI. Most details remain unverified from primary sources CNA and Axios.
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[CNA] Trump backs government AI safeguards in banking system, acknowledges risks[Axios] Exclusive: AI's revolution comes with risks, Sen. McCormick says[Axios] The work AI boom is outrunning oversight[Axios] What AI CEOs still don't get about Washington[European Central Bank] Navigating inflation and employment in an era of supply shocks and AI[Investopedia] Why AI Might Stamp Out Inflation but Endanger the Job Market[Fox News] The AI revolution threatens office jobs, but revives demand for skilled trades[National Review] The Rising Tide of Anti-AI Violence[ProPublica] The Federal Government Is Rushing Toward AI. Our Reporting Offers Three Cautionary Tales.