Trump says Congress wants to regulate AI industry 'out of business'

Economic Times TechAugust 7, 2026en

Trump's remarks underscore a widening debate in Washington over how aggressively to police a fast-moving AI industry that has ‌largely operated ⁠without ⁠new federal rules. Lawmakers have released a range of proposals that have ​not yet moved forward, including a bill that would require developers of the ​most powerful AI models to submit them for independent security audits.

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