Bessent Emerges As “AI Czar” Frontrunner

Fresh off his recent spat with “Doomsday Dario”, whom he scolded for his apocalyptic essay (which was attempted regulatory capture in all but name) and warned that the US government will not serve as a “liability shield” to the frontier AI company,  Treasury Secretary Scott Bessent appears to be one step closer to directly taking AI matters into his own hands. 

According to Semafor, Bessent is emerging as a frontrunner for President Donald Trump’s new “AI czar” position, after long playing a central role in the Trump administration’s AI policy. This week Bessent held an early dialogue with Chinese Vice Premier He Lifeng on the sidelines of the UN General Assembly, ahead of Trump’s meeting with Chinese leader Xi Jinping. Among the topics discussed, Bessent and He spoke about a potential US-China “notification mechanism” to facilitate communication about AI incidents that pose threats to national security, as part of what Bessent said were talks about a formal US-China dialogue on AI.

Other names in the mix for the czar position include White House Office of Science and Technology Policy Director Michael Kratsios, a longtime Trump ally on tech, and Office of Personnel Management Director Scott Kupor, who left VC giant a16z to join the government.

“When President Trump talked about appointing an AI czar, I think it is to put context, shape and contours around these questions, and they’re very important,” Bessent told CNBC earlier this week, adding that he thought humans are ultimately responsible for what AI does.

“What did they try to do last week? It was, well there’s a 10 percent chance that we destroy the world, but we want the government to give us a liability shield and that’s good business for them, bad business for the American people.”

Treasury Secretary Scott Bessent discussed… pic.twitter.com/zCzUdCJx19

— CNBC (@CNBC) September 21, 2026

The Treasury chief became an active participant in AI policymaking earlier this year after financial institutions told him advanced AI systems could make their systems vulnerable.

As Semafor cautions, Trump’s decision on his AI point person is not final, and he is known to ultimately favor dark-horse candidates. But if Bessent were to ultimately get tapped, his Cabinet job wouldn’t be a barrier — Interior Secretary Doug Burgum has simultaneously held the “energy czar” moniker.

“Any reporting about personnel decisions that have not been officially announced by the administration should be regarded as baseless speculation,” White House spokesman Kush Desai said.