According to Reuters, US President Trump stated in an interview with Punchbowl News that the US Congress is attempting to 'regulate the AI industry into closure.' This comment sheds light on the ongoing debate within Washington regarding the extent of regulation for the AI industry. Currently, the AI industry is largely unrestricted by new federal regulations. US congressional members have proposed several bills that have yet to make progress, including one that requires developers of the most powerful AI models to submit their models for independent safety audits.