Citing China, Trump doubles down on hands-off AI regulation

President Donald Trump reaffirmed his administration's hands-off approach to AI regulation, saying the U.S. leads China and he won't stifle growth. He said the Justice Department could step in if companies overstep but gave no specifics on enforcement or legal authority.

• Trump: "Whoever wins AI, WINS!" and the U.S. leads China
• DOJ and law enforcement would "rein things in" if needed, no details given
• Treasury's Bessent opposes liability exemptions for AI labs
• Earlier order set up voluntary testing for frontier models