The Trump administration is scrapping plans to create a $1.8 billion fund meant to compensate allies of the president, the Justice Department’s top official said Tuesday.
Here’s what we’re following:The Trump administration is scrapping plans for a $1.8 billion fund that would have compensated allies of the Republican president, the Justice Department’s top official said Tuesday in retreating from a program that faced a fierce political backlash that had threatened to stall key elements of the White House agenda.Trump signed an executive order on oversight of artificial intelligence Tuesday, establishing a framework for the federal government to vet the national security risks of the most advanced AI systems for up to a month before their public release. Participation by AI developers would be voluntary, the order says.The Trump administration is proposing that tariffs of 10% or more be imposed on products from dozens of major trading partners following a probe into imports of goods allegedly made with forced labor. The report said Canada, Mexico, Taiwan and the United Kingdom and some other countries and territories would face additional tariffs for allegedly failing to enforce a forced labor import ban.
