Story thread · 2 reports / 2 sources

'Blockbuster story' links $50 million pro-Trump contributions to death of major safeguard

rawstory.com · 6h · first reportShare

Wealthy tech leaders have poured tens of millions of dollars into entities and causes supporting President Donald Trump, and a new “ blockbuster story ” from The Lever tied those contributions to the “killing” of a major regulatory safeguard. Describing the findings as “money in, regulations out,” The Lever’s Freddy Brewster mapped out a timeline of events showing that the Trump administration’s axing of a first-of-its-kind rule regulating AI companies came shortly after a $25 million contribution to MAGA Inc., a super PAC that supports the president. “Federal officials said the rule was needed to prevent ‘dangerous accidents’ that ‘could result in injury or even loss of life,’” Brewster wrote , describing a rule introduced during the Biden administration that would have required AI companies to regularly report developments in the rapidly advancing technology. “But within a year, the regulation was dead , amid a flood of tech industry campaign cash to President Donald Trump’s politica