FT AI·
A White House order on testing frontier models would be a significant first step
Read full articleThe White House's review of CFTC's proposal could reshape prediction markets, impacting federal-state regulatory dynamics and DeFi precedents. The post White House reviews CFTC proposal to regulate prediction markets appeared first on Crypto Briefing.
The spread of unverified claims can undermine public trust in media and distort perceptions of governmental actions. The post Trump appoints Pam Bondi to White House AI advisory panel appeared first on Crypto Briefing.
CISA's diminished role amid AI cyber threats could weaken national cybersecurity, risking slower responses to rapidly evolving vulnerabilities. The post CISA sidelined as White House scrambles to address AI cyber threats appeared first on Crypto Briefing.
Plus, will anyone want an electric Ferrari?
The post White House Adviser Hassett says ending Iran war may create room for Fed rate cut appeared on BitcoinEthereumNews.com. US President Donald Trump’s chief economic adviser at the White House, Kevin Hassett, said on Monday that he is confident that an eventual drop in oil prices will create space for the US Federal Reserve (Fed) to cut the interest rates. Hassett stated that the White House expects energy prices to drop once there’s a deal with Iran, adding that negotiations with Tehran “are proceeding in an orderly and constructive manner.” “Again, we expect energy prices, as soon as there’s a deal, to plummet,” said Hasset “And when that happens, then there will be a lot of room for the Fed to do the right thing at lower rates,” he added. Market reaction At the time of writing, the US Dollar Index (DXY) is trading 0.30% lower on the day at 99.05. US Dollar FAQs The US Dollar (USD) is the official currency of the United States of America, and the ‘de facto’ currency of a signi
The $9B AI funding for US spy agencies may intensify chip shortages, pushing AI workloads toward decentralized computing solutions. The post White House approves $9B for US spy agencies’ AI adoption appeared first on Crypto Briefing.
The post Kevin Warsh sworn in as Fed chair at White House appeared on BitcoinEthereumNews.com. Kevin Warsh was sworn in as Fed chair on Friday as Bitcoin trades near $77,400. Summary Warsh took the oath from Supreme Court Justice Clarence Thomas at a White House ceremony, succeeding Jerome Powell. The Senate confirmed Warsh 54-45, with only Democrat John Fetterman crossing party lines to support the nomination. Bitcoin held near $77,400 as traders had largely priced in the leadership transition ahead of Warsh’s first FOMC meeting in June. Kevin Warsh was sworn in as the 17th Federal Reserve chair at a White House ceremony on Friday, becoming the first Fed leader to take the oath at the executive mansion since Alan Greenspan in 1987. Supreme Court Justice Clarence Thomas administered the oath. Warsh, 56, succeeds Jerome Powell, who held the position since 2018 and will remain on the Fed board as a governor until 2028. The Senate had confirmed Warsh on May 13 in a narrow 54-45 vote, with
The funding underscores AI's role as critical infrastructure, potentially reshaping global chip availability and advancing secure computation research. The post White House approves $9B for spy agencies to enhance AI capabilities appeared first on Crypto Briefing.
