Trump Cancels AI Executive Order

President Donald Trump>>> canceled plans to sign a new executive order on artificial intelligence, citing concerns that it could hinder the United States>>>'s technological lead over China>>>. The proposed order aimed to establish a framework for vetting advanced AI systems for national security risks before public release, involving voluntary collaboration with companies like Anthropic>>>, OpenAI>>>, and Alphabet Inc.>>>. This decision followed urgent meetings convened by Treasury Secretary Scott Bessent>>> and United States — Federal Reserve Chair Jerome Powell>>> with Wall Street CEOs, warning about cybersecurity risks posed by Anthropic>>>'s Claude Mythos model. Internal divisions within the administration, as highlighted by Serena Booth>>> and Dean Ball>>>, and external pressure from tech leaders like David Sacks>>>, Elon Musk>>>, and Mark Zuckerberg>>> (though some denied direct influence), contributed to the last-minute cancellation. The move signals a departure from previous administrations' approaches, including Joe Biden>>>'s, and leaves the United States>>> without a formal plan for managing AI security risks, contrasting with the European Union>>>'s binding AI Act.