Treasury Secretary Scott Bessent told reporters that the United States is the world’s foremost AI power and that China, though second, is still far behind. The comments came during a White House briefing focused on how the administration plans to manage both the opportunities and risks of advanced artificial intelligence.
Bessent said the government is partnering closely with leading AI laboratories to develop solutions that maximize computing power while addressing security concerns. He praised the labs as outstanding collaborators and stressed that policy must carefully balance innovation with the protection of critical systems and financial infrastructure.
The Treasury chief framed AI leadership as essential to America’s broader strategic position versus China. He noted that both countries are making major investments in the technology, yet the United States continues to hold a substantial lead. Officials see this advantage as crucial for economic competitiveness, military capability, and long-term productivity growth.
Rather than rushing toward heavy regulation, Bessent indicated the administration will pursue measured policies that safeguard national interests while keeping American companies at the forefront of global AI development.
