US Treasury Secretary removes CIO Sam Corcos from AI policy duties
US Treasury Secretary Scott Bessent has removed CIO Sam Corcos from AI policy-related work and barred him from further industry communications. Corcos reportedly met with executives from OpenAI and Anthropic without fully informing the White House, advocating for open processes and criticizing potential AI licensing regulations. The move occurs amid internal White House divisions over tightening regulations for advanced AI models.
Summaries are written by AI from the original article. Not investment advice.