At a House Financial Services Committee hearing, Reps. Maxine Waters and Stephen F. Lynch challenged Treasury Secretary Scott Bessent over the Trump administration’s approach to artificial intelligence. Bessent said the administration had worked on AI safety continuously since Anthropic released Mythos and had forced Anthropic to withdraw a model that failed its safety standards. He opposed liability exemptions for AI labs, arguing developers should remain responsible for their products. Lynch questioned whether President Trump understood AI’s risks, while Bessent said Trump was aligned with Nvidia CEO Jensen Huang on pursuing U.S. AI growth and leadership. Bessent also emphasized restricting foreign access to advanced U.S. chips, expanding domestic open-source models and requiring clear disclosure of AI-related liabilities in public-offering documents.