Name: House committee holds a hearing on advancing America's AI action plan — 1/14/2026
Uploaded: 2026-01-14T17:34:12+00:00
Duration: 8458 s

Speakers

Michael Kratsios — Director, Office of Science and Technology Policy, The White House

McCormack — Representative

Zoe Lofgren — Representative

Valerie Foushee — Representative

Mike Kennedy — Representative

Summary

The House Research and Technology Subcommittee held a hearing with White House OSTP Director Michael Kratsios on implementing America's AI Action Plan. Kratsios described the administration's focus on innovation, infrastructure, energy dominance, nuclear power, AI export promotion, and semiconductor leadership. Members questioned federal preemption, NIST funding, data centers, export controls, workforce development, and AI safety. Market-relevant themes included AI infrastructure, power and nuclear, critical minerals, and chip-export policy.

Hearing focused on advancing America's AI Action Plan and federal AI policy framework.
OSTP Director Michael Kratsios testified on innovation, infrastructure, and international partnerships.
Discussion included federal preemption, NIST/Casey standards, Genesis mission, and AI workforce education.
Energy abundance, nuclear/SMR buildout, and data-center power demands were repeatedly raised.
Lawmakers debated export controls, including H200 chip exports to China and top-chip restrictions.
Critical minerals, semiconductor reshoring, and open-source AI competition with China were discussed.
Members also raised child safety, Grok/xAI federal contracts, and AI risk governance.
No formal investment recommendations were made; market implications centered on AI infrastructure and chips.

Ideas

Michael Kratsios Director, Office of Science and Technology Policy, The White House 22:07

Energy abundance is key for AI.

The administration treats energy abundance and energy dominance as a top priority because AI data centers need much more power; it is focused on deregulating and expanding energy production, improving grid reliability, implementing permitting reform, and reestablishing U.S. nuclear leadership to remove the power bottleneck for AI.

Michael Kratsios Director, Office of Science and Technology Policy, The White House 23:21

Nuclear and SMRs are accelerating.

President Trump and the Department of Energy are committed to accelerating and enhancing American nuclear power, creating room to experiment, facilitating small modular reactor buildout, and continuing fusion research; later he says continued funding for SMR demonstration projects is critical, commercially viable U.S. SMRs are close, and the Army expects a functioning SMR at a military facility by 2028.

Michael Kratsios Director, Office of Science and Technology Policy, The White House 40:13

Data-center buildout is critical for AI.

Infrastructure and data-center buildout is extraordinarily critical for U.S. AI leadership. The administration is trying to remove regulatory hurdles and support AI infrastructure while protecting ratepayers, including behind-the-meter generation and encouraging technology companies such as Microsoft to cover new generation costs.

Michael Kratsios Director, Office of Science and Technology Policy, The White House 96:32

U.S. semiconductor leadership is prioritized.

Kratsios argues President Trump has prioritized U.S. semiconductor leadership by bringing the largest semiconductor fabrication companies to the U.S. to build fabs and creating a robust domestic ecosystem, with the Commerce chips office working to develop the next generation of semiconductor technology in the United States.

McCormack Representative 110:41

Chip exports benefit Nvidia and U.S.

McCormack supports allowing China to buy industry-standard U.S. chips rather than only leading-edge chips, saying the export approach keeps the U.S. as the industry standard and is good for business, for Nvidia, for America, and for setting global standards.

Michael Kratsios Director, Office of Science and Technology Policy, The White House 130:56

Reshore critical minerals for secure supply.

The U.S. must reshore and secure reliable access to critical minerals because China has restricted the availability of certain minerals; the Department of War and Department of Commerce have used DPA authorities and other actions to ensure the supplies needed for national and technological needs.

House committee holds a hearing on advancing America's AI action plan — 1/14/2026

Summary

Ideas

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