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Trump appoints SEC Chairman Jay Clayton, who has sued Ripple, to lead the AI push plan

2026-10-05 03:35:54
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The man who started the U.S. Securities and Exchange Bureau's crypto regulatory storm now leads Washington's artificial intelligence strategy

President Donald Trump announced on Sunday on "Truth Social" the creation of the "Super Intelligence Force," a task force responsible for coordinating federal government efforts to ensure that the United States remains a leader in artificial intelligence. "Superintelligence" is Trump's preferred term for this technology.

Jay Clayton, director of national intelligence, tops the force's leadership and is widely reported as the government's newly appointed "AI tsar." Trump wrote in the statement that the group will coordinate the federal government's interactions with consumers, public interest groups, religious organizations, critical infrastructure providers and artificial intelligence companies. In addition to Clayton, the force was joined by Federal Trade Commission Chairman Andrew Ferguson, Deputy Secretary of Research and Engineering Emil Michael, and Director of the Office of Personnel Management Scott Kupor. The force will report directly to President Trump and White House Chief of Staff Susie Wiles.

The announcement follows the so-called "historic White House Super Intelligence Agreement." Trump wrote that in the agreement, major technology companies "recognized their responsibilities to the American people." Last week, leaders of several artificial intelligence companies met with Trump at the White House.

Clayton's crypto regulatory legacy: From aggressive enforcement to industry consultant

Clayton is a familiar and highly controversial name in the field of encryption. During Trump's first term as chairman of the U.S. Securities and Exchange Commission, he promoted the agency's strategy of regulation through enforcement. Before leaving office, he proudly stated that he had filed 57 lawsuits against cryptocurrency companies, initial coin offerings (ICOs) and other blockchain projects.

His most influential crypto initiative occurred at the end of his term. In December 2020, as one of the final actions under Clayton, the SEC sued Ripple Company for $1.3 billion, accusing the company of selling XRP as unregistered securities. The case later became a template for multiple lawsuits filed by the SEC led by Gary Gensler against major token issuers and exchanges.

Since leaving the SEC, Clayton's record in the crypto space has shown twists and turns. In 2021, he joined One River Asset Management as a crypto consultant and serves as a board member of crypto hosting firm Fireblocks.

Back in 2020, when Clayton was still leading the SEC, Trump tried to appoint him as head of the U.S. Attorney's Office in Manhattan. In 2025, Trump officially appointed Clayton as interim U.S. prosecutor in the Federal Court for the Southern District of New York. During this period, Clayton's office continued to advance the prosecution of Tornado Cash developer Roman Storm.

However, Trump's post did not clearly state the specific mission mandate or timetable for the "super smart force."

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