Lawfare Daily: Vinh Nguyen, Elham Tabassi, and Kat Duffy on How to Design a Better AI Regulator

Lawfare Senior Editor Kate Klonick is joined by three guests to discuss their recent article for the Council on Foreign Relations (cfr.org/articles/the-u-s-is-about-to-design-an…) on the FINRA-style AI regulator reportedly under White House review: Vinh Nguyen, former chief AI officer at the National Security Agency and now CFR’s Senior Fellow for Artificial Intelligence; Elham Tabassi, former chief AI advisor at NIST and now director of Brookings’ AI and Emerging Technology Initiative; and Kat Duffy, CFR’s Senior Fellow for Digital and Cyberspace Policy and director of LEAD AI.
The conversation follows recent news of Demis Hassabis’s July 14 framework (demishassabis.substack.com/p/a-framework-for-f…) calling for a U.S.-led Frontier AI Standards Body and a subsequent Bloomberg report (bloomberg.com/news/articles/2026-07-17/us-cons…)that Treasury Secretary Bessent is involved in reviewing a version of the proposal. They discuss the problems but benefits with a FINRA-like model and what that means for public trust before the body even launches, especially for allies abroad who may be reluctant to treat an American, industry-funded body as an international standard-setter.
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