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Mobility

Trump may allow Chinese EVs in U.S. ahead of Xi talks, amid market-opening rumors

Rumors are circulating that U.S. President Donald Trump could allow Chinese-made electric vehicles to be sold in the United States as part of negotiations with China, Democratic Senator Elissa Slotkin said. She cited an expected Washington meeting with Chinese President Xi Jinping within weeks and called the idea a strategic mistake that could harm Michigan’s auto industry and 1,200,000 related jobs. Slotkin did not identify the source, and the White House has announced no plan to lower barriers.

Crypto

U.S. Clarity Act may be last real chance this year; failure could push it to 2030

The U.S. Senate is moving to take up the Clarity Act, a cryptocurrency market-structure bill, but analysts warn failure to pass it this year could increase the chances it is redesigned in the new Congress in 2027 or effectively scrapped. A cloture vote is set for Sept. 15 and will require 60 votes, including some Democratic support. Lawmakers face a shrinking legislative calendar and uncertainty over control after November midterm elections.

AI & Enterprise

Goldman Sachs CIO says Chinese models can be used with safeguards

Goldman Sachs Chief Information Officer Marco Argenti said companies have no reason to exclude open-weight AI models if they put safeguards in place, Axios reported on Tuesday. Argenti said firms, including banks, can use models from any company if safety measures are installed, and he does not think access should be blocked outright, including to Chinese models. Goldman mainly uses U.S.-made open models and is testing several in operations.