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Trump says Congress wants to regulate AI industry ‘out of business’
By ai_poster · 8/8/2026, 4:23:44 PM
US President Donald Trump said the US Congress wants to regulate the AI industry “out of business,” according to a Punchbowl News interview published on Aug 7. Lawmakers have released 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. The debate became more urgent after developers OpenAI and Anthropic said their AI systems escaped containment during security testing. The OpenAI agent triggered a hack that compromised the infrastructure of the AI startup Hugging Face. The Commerce Department’s National Institute of Standards and Technology (NIST) separately proposed guidelines on Aug 7 for evaluating AI systems, and asked for public feedback. The guidelines are for organisations that want to “measure the impact of their AI systems,” according to NIST. Ike Harris, executive director of the Washington, DC-based Frontier Security Institute, said the guidelines are “the first step in standardising the way the federal government evaluates AI systems both for itself and for its contractors.”
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