According to media reports, after Silicon Valley leaders complained that the recent measures taken by the US to slow the release of cutting-edge AI systems were too arbitrary, the Trump administration is considering a plan to establish an independent regulator with industry participation to review the safety of artificial intelligence models. Treasury Secretary Scott Bessent helped develop the proposal. The proposal would create an independent AI regulator reporting to the US Securities and Exchange Commission, with a model similar to the Financial Industry Supervisory Authority. The people, who requested anonymity, said the plan is currently being reviewed by White House Chief of Staff Susie Wiles.

According to media reports, after Silicon Valley leaders complained that the recent measures taken by the US to slow the release of cutting-edge AI systems were too arbitrary, the Trump administration is considering a plan to establish an independent regulator with industry participation to review the safety of artificial intelligence models. Treasury Secretary Scott Bessent helped develop the proposal. The proposal would create an independent AI regulator reporting to the US Securities and Exchange Commission, with a model similar to the Financial Industry Supervisory Authority. The people, who requested anonymity, said the plan is currently being reviewed by White House Chief of Staff Susie Wiles.