Trump Postpones AI Executive Order Over China Competition Fears

On May 22, President Trump delayed signing a planned AI executive order, citing risks it could weaken U.S. competitiveness against China and offering near-term regulatory relief to AI stocks and the US Tech 100. The move follows Sen. Mark Kelly’s May 20 call for balanced AI policy that protects workers and privacy while supporting innovation. Morgan Stanley projected hundreds of billions in annual hyperscaler capex that could boost tech infrastructure demand, yet BlackRock’s Larry Fink warned of consolidation and inequality risks. U.S. agencies are now testing OpenAI and Google models to lessen reliance on Anthropic amid security concerns, leaving unresolved tensions between innovation, security, and regulation.