U.S. Treasury Secretary Removes CIO Sam Corcos from AI Policy Work

U.S. Treasury Secretary Scott Bessent has removed Chief Information Officer Sam Corcos from his role related to AI policy, prohibiting him from further communication with the industry. Corcos had previously met with executives from companies like OpenAI and Anthropic without adequately informing the White House, claiming to support a "free and open process" and warning that some White House officials were pushing for AI licensing regulations that could stifle innovation. This move comes amid internal divisions within the White House over whether to tighten regulations on the release of advanced AI models, with some government officials concerned that excluding Corcos from AI decision-making could weaken the technical expertise at the top level.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.