On July 30, Unleashing AI Innovation in Financial Services Act, a bipartisan, bicameral bill was reintroduced to “establish regulatory guardrails at financial regulatory agencies for regulated entities to test AI projects.”...more
The Trump administration released the AI Action Plan last week, unveiling a new roadmap to AI dominance and global leadership for the US. It highlights actions that remove regulatory barriers to prioritize developing AI...more
7/30/2025
/ Artificial Intelligence ,
China ,
Data Centers ,
Executive Orders ,
Export Controls ,
Infrastructure ,
Innovation ,
National Security ,
Popular ,
Regulatory Reform ,
Semiconductors ,
Trump Administration
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act, which allocates over $1 billion toward advancing the federal government’s use of AI.
The funding package reinforces the administration’s...more
7/14/2025
/ Artificial Intelligence ,
China ,
Export Controls ,
Federal Funding ,
National Security ,
New Legislation ,
Popular ,
Semiconductors ,
Technology Sector ,
Trump Administration ,
U.S. Commerce Department
On Tuesday, July 1, the Senate passed the “Big Beautiful Bill” with Vice President Vance casting the tie-breaking vote.The bill as passed contains no moratorium on state-level AI laws. Even after the provision that had passed...more
Parts of the Trump administration’s AI Action Plan were disclosed online, according to reporting from various news outlets. The disclosure of AI.gov, a new federal website aimed to “accelerate government innovation with AI,”...more
On April 16, the House Select Committee on the Chinese Communist Party (CCP) published a report on the Chinese company DeepSeek’s AI model with findings from the committee’s investigation into DeepSeek.
The report...more
4/25/2025
/ Artificial Intelligence ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
China ,
Export Controls ,
New Legislation ,
NVIDIA ,
Popular ,
Technology Sector ,
Trump Administration ,
U.S. Commerce Department
The emergence of DeepSeek has complicated the outlook for the amount of investment necessary in data centers and electricity generation for AI advancements. Against that backdrop, on March 5, the House Committee on Energy and...more
3/10/2025
/ Artificial Intelligence ,
China ,
Clean Energy ,
Data Centers ,
Electric Generation Suppliers ,
Electricity ,
Energy Policy ,
Energy Sector ,
Infrastructure ,
Investment ,
Regulatory Agenda ,
Technology Sector ,
Trump Administration
The breakthrough of the Chinese company DeepSeek’s AI model, which rivals leading US AI models but costs a fraction to develop, changes the equation for the Trump administration and calls into question its initial inclination...more
On December 5, incoming President Donald Trump announced that David Sacks would be the “AI and Crypto Czar” under the next administration.
A prominent venture capitalist, member of the “PayPal Mafia,” and co-founder of an...more
12/13/2024
/ Artificial Intelligence ,
China ,
Cryptocurrency ,
Deregulation ,
Emerging Technologies ,
Federal Trade Commission (FTC) ,
Investment ,
National Security ,
Nominations ,
Popular ,
Research and Development ,
Trump Administration
Donald Trump’s election to a second term as president means that Trump will help shape the future of AI at a pivotal moment when AI continues to advance rapidly and the next administration’s policies will affect the future...more
11/15/2024
/ Artificial Intelligence ,
China ,
Deregulation ,
Foreign Adversaries ,
Free Speech ,
Innovation ,
Machine Learning ,
National Security ,
Policies and Procedures ,
Research and Development ,
Risk Mitigation
Last week, the Secretary of the Treasury released a final proposed rule to implement the Biden administration’s August 2023 Executive Order on outbound investments.
The proposed rule seeks to “prevent countries of concern...more
7/1/2024
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Artificial Intelligence ,
CFIUS ,
China ,
Executive Orders ,
Foreign Investment ,
Hong Kong ,
Macau ,
National Security ,
Outbound Transactions ,
Prohibited Transactions ,
Proposed Rules ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
Welcome to this week's issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies.
The accelerating advances in artificial intelligence (“AI”) and the practical,...more
Last week, in In re Vitamin C Antitrust Litigation, the US Court of Appeals for the Second Circuit (“Second Circuit”) vacated a $147 million jury award against Chinese vitamin C sellers Hebei Welcome Pharmaceutical Co. and...more