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AI & Enterprise
Trump weighs Jay Clayton for new AI czar role
U.S. President Donald Trump is considering appointing Director of National Intelligence Jay Clayton as a new AI czar, Cointelegraph reported. Clayton could keep his DNI post while overseeing AI innovation and development and supervising tech firms’ self-regulation. Trump has pushed plans to create an “AI Force” and said he would manage the AI industry without adding new regulations. The White House has not made an official announcement.
Crypto
Coinbase vice chair says U.S. Clarity bill could pass before August recess
Coinbase maintained optimism that the U.S. crypto market structure bill known as the Clarity Act could pass before the August recess. Vice Chair Ryan VanGrack said the bill is on track despite a weaker outlook and said late-stage negotiations are typical in Washington. He said much of the text, including consumer protections and enforcement tools, is already in place. Senate Democrats are seeking to delay a procedural vote, while Majority Leader John Thune says it will proceed.
AI & Enterprise
Why offline bookstores are reviving in an era of less reading
Americans are reading less, but bookstores in the United States are reviving, Axios reported. Barnes & Noble and independent stores, once threatened by Amazon’s rise and Borders’ collapse, are opening new outlets and growing sales. Barnes & Noble CEO James Daunt says a turnaround is underway, while the American Booksellers Association cites a 70 percent rise in bookstores from 2021 to 2025. The sector faces pressure from AI summaries and social media, but store operators say trends are shifting.
