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Trump Considers Former SEC Chair Jay Clayton for AI Policy Role

Guavy AI Editorial Team
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Former SEC Chair Jay Clayton is being considered by Donald Trump for the role of 'AI Czar,' which would involve overseeing US artificial intelligence policy. This news comes after Axios reported that Trump mentioned Clayton as a potential candidate when asked about his plans for the position.

Clayton previously served as chair of the Securities and Exchange Commission during Trump's first administration, where he gained notoriety in the digital-asset industry due to the SEC's lawsuit against Ripple and its executives in December 2020. The agency alleged that XRP sales constituted unregistered securities offerings.

Trump spoke favorably about Clayton, suggesting that the Director of National Intelligence would be a good fit for the role of AI Czar.

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