U.S. President Donald Trump signed an executive order aimed at increasing oversight of the proxy advisory industry, the White House said late on Thursday, charging that top firms often "advance and prioritize radical politically-motivated agendas.

Trump signed an AI executive order targeting state laws and promising one national rulebook. Critics warn it could trigger court battles and prolong uncertainty for startups while Congress debates federal rules.

The move comes as Big Tech pushes back against local AI regulation while pouring billions into building out AI infrastructure and deploying new products.

Since 2016, California enacted more AI regulations than any other state. The president’s new order against such laws worries state officials.

The executive order, which seeks to defang states’ powers to regulate AI, may spark little immediate change and set a concerning precedent without actually creating a uniform standard, experts say.