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Trump Dismisses AI Regulation as a “Hoax” Amid Industry Calls for Oversight

By Drooid · · How we work

Trump Calls AI Regulation a Hoax

On May 30, 2025, President Donald Trump posted a 200-word rant on Truth Social rejecting proposals that AI companies should be regulated. He framed concerns about artificial-intelligence risks as a “HOAX,” likening them to “RUSSIA…UKRAINE…IMPEACHMENT HOAX” narratives.

Industry Leaders Seek Regulation

Leaders from OpenAI, Google and Anthropic have been meeting regularly to discuss a regulatory framework for the AI sector.

Official Statements & Responses

In contrast, House Democratic leader Hakeem Jeffries (D-N.Y.) criticized Republican inaction, urging Congress to pass legislation that would establish government oversight of AI.

Democratic Criticism

Democratic leaders in both the House and Senate called for immediate congressional action to create an oversight regime, positioning themselves against the administration’s dismissal of regulatory proposals. Their statements frame the lack of regulation as a bipartisan failure that could jeopardize public safety.

Verbatim Quotes

  • “Concerning AI, when, in the History of Business, did anyone see the Leaders of an Industry call for Regulation that, if strongly implemented, will drive them into oblivion and bankruptcy?” — Donald Trump, president
  • “AI taking over the World, destroying Humanity, and all other things bad, is a HOAX, no different from RUSSIA, RUSSIA, RUSSIA — UKRAINE, UKRAINE, UKRAINE — IMPEACHMENT HOAX #1 — IMPEACHMENT HOAX #2 — and all of the other HOAXES and SCAMS that America was forced to endure through the Destructionists’ and Deviants’ foul play and illegal conduct.” — Truth Social. He
  • “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!” — Donald Trump, president
  • “I feel a little bit weird about the fact that you have so many frontier AI tech companies kind of coming to the government and begging the government to regulate them,” — Vance, vice president