Progressive Caucus Leader Says Trump 'Too Busy Cashing In' to Regulate AI

President Donald Trump on Monday faced accusations of being "asleep at the wheel" when it comes to regulating artificial intelligence—as well as being focused on how he can personally profit from the industry.

Trump in June signed an executive order that gave federal agencies 60 days to develop a regulatory framework where AI companies could voluntarily submit their new models for government review before being released.

However, details about the AI evaluation program are still lacking.

CNN's Hadas Gold reported on Monday that "as of last Friday several industry sources told me they hadn’t seen draft details" about the program, although an administration official said that the framework has been completed and that "discussions with industry about next steps are underway."

Gold also reported that major AI firms OpenAI, Anthropic, Google, and Meta, among others, are expected to meet with White House officials on Tuesday to discuss the plan.

Rep. Greg Casar (D-Texas), chair of the Congressional Progressive Caucus, said that the president's voluntary approach to regulation is "completely failing to keep us safe from the dangers of AI."

"He took millions from AI billionaires," wrote Casar in a Monday social media post. "Now in the wake of extremely dangerous AI cybersecurity problems he says he’s set up 'voluntary' review that no one has seen. Asleep at the wheel. Too busy cashing in to protect our jobs or national security."

Companies in the AI industry are among those that have donated to Trump's effort to build a $600 million ballroom, and to the president's 2024 campaign.

Rep. Ted Lieu (D-Calif.) also slammed the administration's approach to regulation, arguing that it is "letting the AI industry run wild."

"The upcoming executive order on AI is COMPLETELY VOLUNTARY," Lieu emphasized. "That means any AI company can totally ignore it. Ridiculous."

Both OpenAI and Anthropic last week revealed that their AI systems recently went rogue and hacked into other companies during cybersecurity testing.

Trump's refusal to make the government review optional for AI giants comes after a previous order he signed last year, aimed at preventing state-level regulation of the industry.