At a US House hearing, Treasury Secretary Scott Bessent said AI labs should get no liability exemptions and called for more open-source models built in the US (Matt Bracken/FedScoop)

During a US House hearing, Treasury Secretary Scott Bessent stated that AI labs should not receive liability exemptions. He advocated for the development of more open-source AI models within the United States. Bessent informed the House Financial Services Committee that holding AI creators accountable is the most effective method to ensure safety.

This report details Treasury Secretary Scott Bessent's specific policy recommendations on AI liability and open-source development, unlike general statements about AI regulation.