Technology
Scott Bessent could become Trump's AI czar, source says
Livemint··3d ago
US Treasury Secretary Scott Bessent could become President Donald Trump's AI czar, a source told Reuters on September 22. Trump said Saturday he plans an AI adviser and an AI force without details. A second source said no decision was made. Bessent led Sunday talks with Chinese Vice Premier He Lifeng on AI safety notifications. The Treasury declined to comment.
Prism
What It Means For You
- A czar role could centralise AI policy across agencies Bessent already leads or acts for.
- Bessent also serves as acting IRS commissioner and led Iran sanctions work at Treasury.
- Lawmakers in Washington have raised concerns about AI risks as Trump downplays regulation.
What's Happening
- Semafor first reported Bessent's possible appointment.
- Talks with He Lifeng preceded Trump's summit with Xi Jinping in Washington this week.
- Trump argued additional AI regulation is unnecessary.
Bessent's Portfolio
- Bessent is a former hedge fund manager negotiating trade and Ukraine minerals deals.
- He temporarily headed the Consumer Financial Protection Bureau.
- Reuters cited Andrea Shalal reporting with Cynthia Osterman editing.
all-news
