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ARTICLE · 06 AUGUST 2025

With New Action Plan, White House Launches AI "Space Race"—What Banks Should Know

Jones Day
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The White House has issued an AI Action Plan that aims to position the United States as the leader in artificial intelligence ("AI"), as part of a broader pattern of boosting innovation...

United StatesTechnology
Jayant W. Tambe
Jayant W. Tambe
Nathan Brownback
Nathan Brownback
Michael Dawson
Michael Dawson
Abradat Kamalpour
Abradat Kamalpour
Nicholas Podsiadly
Nicholas Podsiadly
Emily J. Tait
Emily J. Tait
Emma Carson
Emma Carson
Michael Rust
Michael Rust
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The White House has issued an AI Action Plan that aims to position the United States as the leader in artificial intelligence ("AI"), as part of a broader pattern of boosting innovation and reducing regulatory burden, with inevitable consequences for financial services.

On July 23, 2025, the White House unveiled "Winning the AI Race: America's AI Action Plan" (the "Plan"), a sweeping blueprint designed to cement U.S. leadership in AI across the public and private sectors. The Plan follows the administration's objective to promote the rapid development, domestic deployment, and global diffusion of U.S.-origin AI technologies in public and private sector applications, while minimizing regulatory friction.

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