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10/05/2026

Trump Names Jay Clayton to Lead 'Super Intelligence Force' AI Task Force

What happened: On October 4, 2026, President Donald Trump appointed former SEC Chair Jay Clayton to head a new "Super Intelligence Force"—a federal AI task force—alongside FTC Chair Andrew Ferguson, O

Trump Names Jay Clayton to Lead 'Super Intelligence Force' AI Task Force

What happened: On October 4, 2026, President Donald Trump appointed former SEC Chair Jay Clayton to head a new "Super Intelligence Force"—a federal AI task force—alongside FTC Chair Andrew Ferguson, OPM Director Scott Kupor, and DoD R&E Under Secretary Emil Michael. The group has 120 days to deliver a comprehensive report on AI risks and opportunities. In parallel, the IMF approved a $138 million disbursement to El Salvador under its $1.4 billion Extended Fund Facility, waiving a breach related to the country's ongoing Bitcoin accumulation. Separately, NEAR Intents announced full recovery of $3.8 million stolen in a recent exploit.

Why it matters: The creation of a high-level AI task force signals a shift in US policy toward more centralized oversight of artificial intelligence, with direct implications for both the tech and crypto sectors. The IMF's decision to waive El Salvador's Bitcoin-related breach highlights a pragmatic approach to sovereign crypto adoption, suggesting that international institutions may be softening their stance in the face of persistent digital asset integration. NEAR Intents' rapid exploit recovery underscores both the risks and evolving crisis management strategies in DeFi.

Source: Cointelegraph