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US Treasury Secretary Could Take on AI Czar Role, Source Says

admin1 month ago02 mins
FILE PHOTO: US Treasury Secretary Scott Bessent arrives to meet China's Vice Premier He Lifeng, ahead of summit between US President Donald Trump and Chinese President Xi Jinping, at JPMorgan Chase's global corporate headquarters in New York City, US September 20, 2026. REUTERS/Vincent Alban/File Photo

Sept 22 (Reuters) – US Treasury Secretary Scott ⁠Bessent ⁠could become President Donald ⁠Trump’s new AI czar, a source familiar ​with the discussions said on Tuesday, as fears grow among lawmakers ‌in Washington about the risks ‌posed by AI technology.

Read more US Judge Dismisses Michigan Climate Lawsuit Against Oil Companies

Trump has repeatedly downplayed concerns about ⁠AI ⁠and argued that additional regulation is unnecessary.

The Treasury had no ​immediate comment on Bessent’s possible new role, which was first reported by Semafor. A second source told Reuters that no decision had ​been made.

Trump on Saturday said that he plans to appoint ⁠an ⁠artificial intelligence adviser, known ⁠as ​an “AI czar,” and create an “AI force,” though he did not provide ​details about either ⁠initiative or how they would be implemented.

Bessent led talks on Sunday with Chinese Vice Premier He Lifeng in New York ahead of this week’s summit between Trump and Chinese President ⁠Xi Jinping in Washington. The talks focused heavily on AI.

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Bessent told ⁠reporters after the talks that Washington had proposed an AI safety notification mechanism and US-China AI dialogue, with a particular emphasis on national security concerns.

Trump previously tapped Bessent, a former hedge fund manager, to play a lead role in a major revamp of US trade policy, negotiate with Ukraine about critical minerals and temporarily head ⁠the Consumer Financial Protection Bureau.

He also serves as acting commissioner of the Internal Revenue Service, and his Treasury is leading a push to isolate Iran economically through sanctions ​and other measures.

(Reporting by Andrea Shalal; Editing by ​Cynthia Osterman and Christopher Cushing)

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Copyright 2026 Thomson Reuters.

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  • From Michigan to Mississippi, Republicans Scramble to Avoid a Blue Wave
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  • Guns, Taxes and Traffic Cameras: The Midterm Ballot Measures to Watch
  • How to Vote in the 2026 Midterms: A State-by-State Guide
  • Leaked Grand Jury Report on $10M Medicaid Diversion Jolts Florida Campaigns

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