Multiple U.S. media outlets reported on October 2 that Trump will appoint National Intelligence Director Jay Clayton to also serve as the White House AI czar, replacing David Sacks, who stepped down in March of this year. The White House responded that any personnel appointments will be announced directly by the President, and that the earlier reports were baseless speculation.

On September 19, Trump announced the formation of an AI task force and appointed an AI czar, saying that only highly intelligent people deserve the role. Clayton was confirmed by the Senate in July to take over the national intelligence agency. Previously, he served as Chairman of the SEC. In his confirmation hearing, he described AI as both an opportunity and a threat, and he explicitly opposed pausing model development.

Regulation in this area has been hanging in limbo for a long time, with the documents repeatedly delayed. Last week, a federal appeals court ruled that the government may place an AI company on the Department of Defense’s contractor blacklist. The company’s initial public offering filing admitted that the government’s stance would affect its customer relationships. The seat at the table where policy is drafted has changed hands, and from here on, every document about AI and digital assets will first go through that desk. $BTC

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