{"id":251777,"date":"2026-05-21T16:19:00","date_gmt":"2026-05-21T20:19:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/21\/president-trump-calls-off-ai-executive-order-over-economic-concerns\/"},"modified":"2026-05-21T16:25:10","modified_gmt":"2026-05-21T20:25:10","slug":"president-trump-calls-off-ai-executive-order-over-economic-concerns","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/21\/president-trump-calls-off-ai-executive-order-over-economic-concerns\/","title":{"rendered":"President Trump calls off AI executive order over economic concerns"},"content":{"rendered":"

President Trump calls off AI executive order over economic concerns<\/a><\/p>\n

https:\/\/www.chicagotribune.com\/2026\/05\/21\/artificial-intelligence-executive-order-postponed\/<\/a><\/p>\n

Publish Date: 2026-05-21 16:19:00<\/a><\/p>\n

Source Domain: www.chicagotribune.com<\/a><\/p>\n

WASHINGTON \u2014 President Donald Trump called off plans to sign a new executive order on artificial intelligence hours before an expected White House ceremony Thursday because he said he was worried the measure could dull America\u2019s edge on AI technology.<\/p>\n

Trump said he was postponing the Oval Office event with tech industry executives because he did not like what he saw in the order\u2019s text. \u201cWe\u2019re leading China, we\u2019re leading everybody, and I don\u2019t want to do anything that\u2019s going to get in the way of that lead,\u201d Trump told reporters.<\/p>\n

The order would have established a framework for the government to vet the national security risks of the most advanced AI systems before their public release, according to a person familiar with the White House\u2019s deliberations with the tech industry but not authorized to speak about it publicly. The directive was being characterized as a voluntary collaboration with participating U.S.-based tech companies, including Anthropic, OpenAI and Google, the person said.<\/p>\n

The push for some kind of government action to review leading AI systems follows growing concern within the banking industry and other institutions about the leaps in AI\u2019s abilities to find cybersecurity vulnerabilities in the world\u2019s software.<\/p>\n

Treasury Secretary Scott Bessent and outgoing Federal Reserve Chair Jerome Powell convened an urgent meeting with Wall Street CEOs in April, warning them about the cybersecurity risks posed by Anthropic\u2019s AI model, Claude Mythos.<\/p>\n

The meeting, urgently assembled at the Treasury Department\u2019s headquarters, was intended to ensure that banks were aware of the risks associated with the models, Bessent said at CNBC\u2019s \u201cInvest in America Forum\u201d in Washington in April. \u201cThis new Anthropic model is very powerful,\u201d he said. \u201cSome banks are doing a better job in cybersecurity than others, and we want to have the ability to convene them and talk about what is best practices and where they should be…
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Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

President Trump calls off AI executive order over economic concerns https:\/\/www.chicagotribune.com\/2026\/05\/21\/artificial-intelligence-executive-order-postponed\/ Publish Date: 2026-05-21 16:19:00…<\/p>\n","protected":false},"author":1,"featured_media":251778,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.chicagotribune.com\/wp-content\/uploads\/2026\/05\/Trump_29_79.jpg?w=1024&h=682","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[57],"class_list":["post-251777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-security"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/251777"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=251777"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/251777\/revisions"}],"predecessor-version":[{"id":251779,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/251777\/revisions\/251779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/251778"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=251777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=251777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=251777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}