Trump Administration Eyes Clayton for Artificial Intelligence Post

The Trump administration is reportedly considering Jay Clayton for a new role as head of artificial intelligence (AI) policy, marking a departure from his previous position as SEC chairman. Clayton's tenure at the Securities and Exchange Commission saw him take on Ripple in a high-profile case, which some saw as an attempt to set a strong line against cryptocurrencies.

However, Clayton has expressed a different view of AI, seeing it as a matter of national security rather than a regulatory issue like cryptocurrency. This shift in focus is notable given the Trump administration's previous stance on AI, and raises questions about the implications for the sector.