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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
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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.

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The Prime Minister of Albania outlines plans to eradicate corruption.

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October 2, 2025
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Canadian Banking Leader Unveils New Fintech App

October 3, 2025

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October 3, 2025
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