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Trump Slams AI Regulation; Congress Pushes Kill Switch Bill

8/7/2026

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Summary

Story summary

U.S. President Donald Trump said on Aug 7, 2026 in an interview that Congress wants to regulate AI out of business.
Rep. Ted Lieu (D-CA) and Rep. Nathaniel Moran (R-TX) authored the AI Kill Switch Act and urged its passage.
Lawmakers also introduced a bill requiring security audits of the nation’s top AI models.
The National Institute of Standards and Technology released draft AI-evaluation guidelines on Aug 7, 2026.

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Story summary

U.S. President Donald Trump said on Aug 7, 2026 in an interview that Congress wants to regulate AI out of business.
Rep. Ted Lieu (D-CA) and Rep. Nathaniel Moran (R-TX) authored the AI Kill Switch Act and urged its passage.
Lawmakers also introduced a bill requiring security audits of the nation’s top AI models.
The National Institute of Standards and Technology released draft AI-evaluation guidelines on Aug 7, 2026.