The power-plant repeal already ran. This microphone is a social app.
Reuters, Satoshi Sugiyama, Tokyo, Sept. 15, 4:32 a.m. UTC: President Donald Trump headed into the week with two brakes — the one he wants the Federal Reserve to hit on rates, and the one he wants Silicon Valley to avoid hitting on artificial intelligence. Industry leaders have warned that AI can harm people and urged Washington to regulate. Trump shrugged that off Monday, Reuters said, arguing the U.S. already has guardrails to regulate and prosecute AI companies.
Truth Social, as quoted by Reuters: “The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!” He said China would benefit from hindering AI development.
A social post is not a statute. It is not the EPA repeal. It is not Wednesday 2 p.m., when Chair Kevin Warsh’s committee is due to vote. Reuters: more than 90% of market participants are pricing a quarter-point hike. Pricing is not this quote, and this quote is not a hike.
What this means for you
If you needed Houston, that was 8 a.m. If you needed a law, this file does not have one. If you needed the Fed, wait until Wednesday 2 p.m.
Bottom line: He said the president is the guardrail. Not a statute. Not a hike.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
