Trump tells tech CEOs AI ‘self-regulation is very important’

A new Wall Street Journal survey found that American voters across party lines support government-imposed price caps on prescription drugs, child care and credit-card interest rates, the WSJ Politics newsletter reported Wednesday.

The newsletter said the survey asked respondents what they want from their elected officials and the political system. Voters across partisan lines strongly support capping the cost of prescription drugs, child care and credit-card interest rates through government-imposed price caps and other market interventions, the newsletter reported. The WSJ characterized the finding as new support for populist ideas once largely outside the political mainstream.

President Trump told technology executives and industry leaders at a White House meeting Tuesday that “self-regulation is very important” for artificial intelligence. Trump said the Justice Department, FBI and existing authorities are sufficient to hold accountable bad actors using AI for nefarious purposes, according to the newsletter. He promised not to hamper the artificial-intelligence industry with regulations.

New York Mayor Zohran Mamdani is designating $7.4 million toward education campaigns, the advancement of Jewish cultural institutions and security upgrades at synagogues. Mamdani described the plan as the country’s first municipal strategy to fight antisemitism. The newsletter noted that Mamdani’s anti-Israel rhetoric has been a polarizing force in Jewish communities.

Defense Secretary Pete Hegseth will announce plans to cut 20% of admirals and generals from the military, the newsletter reported.

Trump’s Wednesday schedule includes an 11 a.m. policy meeting, a 1 p.m. Hispanic Heritage Month celebration, a 3:30 p.m. announcement with Commerce Secretary Howard Lutnick, and a 5 p.m. policy meeting, according to the newsletter.

The newsletter, titled “Three Surprising Midterm Themes Now Emerging,” was written by WSJ Washington coverage chief Damian Paletta and edited in collaboration with Alistair Dawber and Mali Michelle Fleming. It was published less than five weeks before the November 3 midterm elections, with both parties preparing for the general election after primaries the WSJ described as wild and raucous with surprising twists.