Scott Bessent

“Scott Bessent says we're going to be looking into IP theft, and some people have considered import controls or requiring a license.”

“Treasury Secretary Scott Bessent and the White House Office of Science and Technology Policy are promising to investigate and potentially sanction Moonshot AI for allegedly 'distilling' models from Anthropic.”

“When PRC firms conduct covert, industrial-scale distillation attacks that cross the line into IP theft, sanctions and Entity List designations will be on the table.”

“The Trump administration is constructing a two-tier distillation doctrine — one that protects open-weight AI development for domestic innovators while creating enforcement mechanisms (sanctions, Entity List) against Chinese firms accused of industrial-scale IP theft.”

“Treasury Secretary Scott Bessent yesterday said models from China need to be held to the same standards as U.S. models and would be looked into in the coming weeks.”

“Said the U.S. will scrutinize Chinese open-source AI models for stolen American intellectual property and could sanction their developers, signaling a new front in Washington's effort to protect U.S. AI companies.”

“It warned about a 'jailbreaking' issue it found with the AI lab's latest models, Mythos and Fable... Amazon flagged its concerns to the administration, triggering sweeping export controls.”

“Out of all of the administration officials Amazon's Andy Jassy could have called, it was Treasury Secretary Scott Bessent who first heard about the jailbreaking issue.”

“Bessent was early to sound the alarm on Mythos, work with White House chief of staff Susie Wiles to reengage the embattled company and help get a cybersecurity executive order across the finish line.”

“Bessent is trusted by the private sector and critical infrastructure operators as a sober actor.”

“[Bessent] was the point of contact when Amazon raised concerns about Anthropic safety issues.”

“Senior Trump administration officials have been weighing how to structure potential government equity stakes in major AI companies, with Treasury Secretary Scott Bessent favoring using AI stakes to seed Trump Accounts and Commerce Secretary Howard Lutnick preferring a sovereign wealth fund-style vehicle.”

“When Amazon flagged its concerns to the administration, it went to Treasury Secretary Scott Bessent, who was already close to the Mythos rollout because of its planned use by major U.S. banks.”

“On Thursday, Amazon CEO Andy Jassy expressed concerns to Treasury Secretary Scott Bessent that Anthropic's most powerful models could be jailbroken.”