Warren and Kim Statement on Trump Administration Failure to Close AI Chip Loophole

Warren and Kim Statement on Trump Administration Failure to Close AI Chip Loophole

Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Andy Kim (D-NJ), Ranking Member of the National Security and International Trade and Finance Subcommittee released the following statement:

"On Sunday afternoon, the Trump Administration revealed that its failure to update export control regulations over the last year and a half may have inadvertently allowed America's most advanced AI chips to flow to companies headquartered in China, potentially fueling China's military capabilities. The Commerce Department could close the loophole today by issuing clear and comprehensive guidance, instead of standing by as U.S. technology flows to the Chinese military. Secretary Howard Lutnick should testify before the Senate Banking Committee about how his reckless mismanagement of the Commerce Department's Bureau of Industry and Security is putting our national security at risk."

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