Trump postpones signing artificial intelligence order out of concern it would hurt the AI industry | News
Publish Date: 2026-05-21 13:20:00
Source Domain: www.kxly.com
- President Donald Trump postponed the signing ceremony for a new artificial intelligence (AI) order, citing concerns that it could harm America’s technological lead in AI.
- Trump expressed his worries about the text of the order hours before it was scheduled for signing in the Oval Office.
- The decision comes amid growing concerns from banking and other sectors about AI’s capabilities to identify cybersecurity vulnerabilities.
- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell organized a meeting with Wall Street CEOs to address these cybersecurity risks, particularly concerning Anthropic’s AI model, Claude Mythos.
- There was a push from some allies to implement better methods to regulate AI tools and manage cybersecurity risks, which might be perceived as a shift from Trump’s campaign promises to reverse AI safety regulations from President Joe Biden’s administration.
- Despite the growing concerns, Trump remained focused on maintaining America’s lead in AI technology, suggesting a reluctance to implement government oversight measures on commercial AI models.