AGP Executive Report
Last update: 11 hours agoAI & National Security: Treasury Secretary Scott Bessent warned the U.S. can’t afford to lose the AI race to China, as federal agencies issued a joint advisory alleging six China-based AI firms used industrial-scale model “distillation” to extract capabilities from U.S. frontier systems. AI Industry Pushback: Trump also weighed in after Anthropic CEO Dario Amodei and others called for slowing frontier AI progress, saying guardrails are possible but “whoever wins AI wins.” Middle East Flashpoint: Iran’s IRGC said it destroyed a U.S. Saildrone Explorer near the Strait of Hormuz, following an earlier capture of a U.S. underwater drone; oil prices jumped amid fears of wider maritime disruption. Economy & Trade: Ahead of the Fed meeting, Trump argued the U.S. should have the world’s lowest interest rates, while Democrats said strong midterm results could pressure Trump’s Canada tariffs. Local Governance: Reading, Massachusetts unanimously confirmed Deputy Police Chief Christine Amendola as its next police chief. Infrastructure Deadline: Congress faces a Sept. 30 deadline to extend highway funding as lawmakers scramble for a short-term fix.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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