Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

July 24, 2025

Abu Dhabi-based Fintech Company Synervest Secures $4 Million in Series A Funding

July 24, 2025

AI Agents Present Awards for Financial Services While Upholding Human Values

July 24, 2025

How financial services firms leverage agency AI for enhanced productivity, efficiency, and security

July 24, 2025
Facebook X (Twitter) Instagram
Trending
  • Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector
  • Abu Dhabi-based Fintech Company Synervest Secures $4 Million in Series A Funding
  • AI Agents Present Awards for Financial Services While Upholding Human Values
  • How financial services firms leverage agency AI for enhanced productivity, efficiency, and security
  • Trump seeks to eliminate AI regulations to secure victory in the AI competition, according to NPR.
  • Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.
  • The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions
  • The field of fintech engineering is a fast-growing profession that values curiosity.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    This Week in Fintech: Biweekly News Summary for June 24

    July 19, 2025

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025
  • AI

    AI Agents Present Awards for Financial Services While Upholding Human Values

    July 24, 2025

    How financial services firms leverage agency AI for enhanced productivity, efficiency, and security

    July 24, 2025

    Trump seeks to eliminate AI regulations to secure victory in the AI competition, according to NPR.

    July 23, 2025

    How financial services firms leverage agency AI to enhance productivity, efficiency, and security

    July 23, 2025

    The evolution of AI-driven financial content creation and its influence on investment research.

    July 22, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

    July 24, 2025

    Trends in Fintech and Key Safety Considerations

    July 22, 2025

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025

    Key Trends and Focus Areas in Fintech Payments for 2025

    June 22, 2025
  • Insights

    Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

    July 23, 2025

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025
  • Rumors

    Fast Track Group refutes $37 million in direct supply allegations and responds to market speculation.

    July 21, 2025

    Pro-Ripple attorney addresses XRP and Circle speculation on TradingView News

    July 19, 2025

    Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

    July 18, 2025

    The dollar is affected by speculation about Powell in the markets.

    July 17, 2025

    Tesla has announced that the new six-seat YL model will launch in China later this year.

    July 17, 2025
  • Startups

    Abu Dhabi-based Fintech Company Synervest Secures $4 Million in Series A Funding

    July 24, 2025

    The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions

    July 23, 2025

    CSUF Business Graduate Launches Finch Startup

    July 23, 2025

    The FRA authorizes Endtech’s expansion and the establishment of three new startups.

    July 22, 2025

    Finxtex Middle East 2025 offers exclusive opportunities to access fintech markets through a visit to three cities.

    July 22, 2025
  • finjobsly
fintechbits
Home » Trump seeks to eliminate AI regulations to secure victory in the AI competition, according to NPR.
AI in Finance

Trump seeks to eliminate AI regulations to secure victory in the AI competition, according to NPR.

2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Urlhttp3a2f2fnpr brightspot.s3.amazonaws.com2f432fc72fb545d65a49debf4d923b714887e02fgettyim.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Trump Administration Sets Ambitious AI Strategy

President Trump signals to the press at the end of a reception with Republican members of Congress at the White House on July 22, 2025.

President Trump signals to the press at a White House reception with Republican members of Congress on July 22, 2025.
Image Credit: Andrew Caballero-Reynolds / AFP

A Bold Move for AI Innovation

The Trump administration is poised to eliminate regulations that hinder artificial intelligence (AI) development, with an emphasis on fostering innovation. The removal of regulations includes scrapping initiatives focused on Diversity, Equity, and Inclusion (DEI) and addressing climate change.

AI Strategy Unveiling

As part of this strategic shift, President Trump plans to announce an extensive action plan aimed at securing U.S. leadership in the global AI landscape. Details of this plan will be shared during a speech slated for later today, where he is set to sign multiple executive orders related to AI.

Global Competition in AI

“We are in a race for AI supremacy,” asserted David Sacks, the White House’s AI and Crypto advisor. He emphasized the importance of positioning the United States as a frontrunner in this critical global competition, highlighting the urgency behind these actions.

Transformative Actions Ahead

Michael Kratsios, head of White House science and technology policy, confirmed that the administration will implement over 90 political measures aimed at enhancing AI development. However, the specifics are still in flux and will depend on feedback from various stakeholders.

Emphasizing Innovation Over Regulation

Kratsios indicated a fundamental shift away from regulatory restrictions, particularly those that impose ideological biases. He criticized existing bureaucratic limitations, emphasizing that the U.S. should avoid Europe’s regulatory framework, which he believes stifles innovation.

Tech Industry Support for Trump’s Initiatives

The technology sector has shown enthusiastic support for Trump’s approach. Leaders from major tech companies, including Mark Zuckerberg and Sam Altman, have shifted their perspectives, engaging constructively with the administration in collaboration to amplify AI advancements.

Balancing Speed and Safety in AI Development

Critics, however, express concern that the administration’s focus on rapid AI development may overlook essential safety regulations. There are lingering questions about how to ensure that AI technologies remain trustworthy and secure, particularly as AI continues to intertwine with corporate and public interests.

Future Funding and Global Outreach

In tandem with these regulatory changes, the White House intends to deploy financial resources from institutions like the Development Finance Corporation to support the international adoption of American-developed AI technologies, although specific plans remain to be announced.

Reporting contributed by NPR correspondent Bobby Allyn.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

AI Agents Present Awards for Financial Services While Upholding Human Values

July 24, 2025

How financial services firms leverage agency AI for enhanced productivity, efficiency, and security

July 24, 2025

How financial services firms leverage agency AI to enhance productivity, efficiency, and security

July 23, 2025
Leave A Reply Cancel Reply

Latest news

Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

July 24, 2025

Abu Dhabi-based Fintech Company Synervest Secures $4 Million in Series A Funding

July 24, 2025

AI Agents Present Awards for Financial Services While Upholding Human Values

July 24, 2025
News
  • AI in Finance (1,392)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (180)
  • Jobs Market News (294)
  • Market Insights (192)
  • Market Rumors (253)
  • Regulatory Updates (151)
  • Startup News (933)
  • Technology Innovations (155)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,392)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (180)
  • Jobs Market News (294)
  • Market Insights (192)
  • Market Rumors (253)
  • Regulatory Updates (151)
  • Startup News (933)
  • Technology Innovations (155)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.