White House has paused work on a FINRA-style AI oversight body after Trump opposition
The White House has paused planning for a FINRA-style AI oversight agency after President Trump opposed the idea, halting a draft that Treasury and OSTP had sketched out following Demis Hassabis’s proposal. With the administration stepping back, Congress has produced competing bills such as the Frontier Act and kill-switch proposals, but partisan and procedural obstacles make near-term federal AI regulation unlikely.