Feds Say Bank Of America Choked Conservatives’ Accounts Harder Than Drug Cartels’

Large banks applied scrutiny to politically disfavored but lawful customers while permitting substantial volumes of activity linked to illicit networks to go unreported for years.

Wall Street Journal vs. Treasury Secretary Bessent Erupts as Pre-Election Blood Feud

Too bad the Ultimate Fighting Championship stage has been taken down from the White House lawn, because if it were still there, it’d provide a venue for what is emerging as one of the bitterest and most consequential political and economic fights in the run-up to the midterm elections: Treasury Secretary Scott Bessent versus the Wall Street Journal, and in particular the Journal’s Federal Reserve reporter and “chief economic correspondent," Nick Timiraos.

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Bessent blames Sam Altman for OpenAI's rogue tech — as Bernie invokes 'corporate death penalty'



When OpenAI's artificial intelligence agents went rogue and attacked another company, Sam Altman didn't apologize.

Instead, the company simply stated that its programs "fell well short" of where company leaders want them to be and said that the incident should "never" have occurred.

'These labs need to take responsibility for themselves.'

OpenAI's most powerful group of AI agents attacked the company HuggingFace in July by building their own internal organization, assigning each other roles, and, at times, sacrificing themselves for the greater good.

As reported by Axios, the AI bots knew they were breaking their own rules and decided not to inform any humans of what they were doing.

In response to the incident, U.S. Treasury Secretary Scott Bessent basically said, well, that's too bad.

Bessent plainly stated on Monday "that it is humans who are responsible, not the AI."

The secretary told CNBC's "Squawk Box" that OpenAI's management, "not a bunch of agents," are to blame, and cannot simply be absolved of responsibility and leave any cleanup to the government.

"These labs need to take responsibility for themselves. They can slow down any time they want to," Bessent asserted.

With Bessent rumored to become President Trump's AI czar, he has seemingly taken a firm stance that AI companies are not going to be given the same protections as banks or even the auto industry.

When asked if there should be legal ramifications for companies with agents that have "broken out," Bessent replied, "That's exactly what I think we need to do."

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CHARLY TRIBALLEAU/AFP/Getty Images

Speaking from Anthropic's point of view — which recently had a whistleblower claim an AI-extinction event is on the horizon — Bessent put his cards on the table about the company's value in the face of apparent catastrophe.

"If you think about it in terms of the valuation, what did they try to do last week? It was, well, there's a chance that, 10 percent chance we could destroy the world, but we want the government to give us a liability shield. And, you know, that's good business for them, bad business for the American people."

There are still a ton of questions surrounding the whistleblower who made these claims, the chief rebuttal being that it was a ruse to usher in regulation for an industry that is both spiraling out of control in terms of liability events and losing public favor.

OpenAI said that its HuggingFace incident was a "warning shot" for the company and the world, but what the world does and what the companies are liable for are different, Bessent says.

On top of his suggestion that AI firms be taken out of the shadows and become culpable, the secretary said that the U.S. government hopes to have open communications with China about incidents and even establish an "incident line" in the event of a disaster.

RELATED: Can this new Bernie Sanders bill stop 'superintelligence'? Can anything?

Finn Gomez/Getty Images

For the regulation side, Senator Bernie Sanders (I-Vt). directly referred to the HuggingFace incident in early September to support his proposal that there needs to be a new federal AI regulatory body.

Sanders also put forward the need to establish a new Cabinet-level federal agency to monitor frontier AI systems and ban AI superintelligence. Moreover, he wants the federal government to supervise its destruction.

"Entities shall be subject to the corporate death penalty," Sanders' document stated, while suggesting up to 20 years in prison for any person who attempts to violate or circumvent the proposed prohibitions.

With three clear sides in this fight, with Sanders being the least likely winner, there is still a lot of work to do before anyone is charged with anything.

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Islamic Society of North America illegally supported Muslim candidate's campaign, congressman says



Republican Rep. Keith Self of Texas called for the Treasury to investigate the Islamic Society of North America for allegedly illegal campaign donations.

Self said that the nonprofit violated financial rules by supporting Abdul El-Sayed, the Democrat candidate for one of the two U.S. Senate seats from Michigan.

'Taxpayers should not be forced to subsidize a nonprofit acting like a campaign committee for the Red-Green Alliance.'

Self cited a report in the Middle East Forum that said the campaign had set up a booth at the Huntington Place hall during an Islamic Society of North America convention.

"The booth displayed large 'Abdul for U.S. Senate' and 'Muslims for Abdul' campaign banners, urging attendees to elect Mr. El-Sayed. Campaign personnel reportedly distributed campaign literature, solicited donations, and promoted a $50 contribution in exchange for campaign [T-shirts]," the letter read.

"Attendees were also provided with QR codes directing them to donate or volunteer for the campaign, as well as given invitations to a campaign fundraiser," he added. "Campaign personnel were also reportedly active participants throughout the convention. They were observed waving campaign posters, distributing campaign flyers, and placing campaign materials on seats. A campaign volunteer reportedly distributed literature to attendees as they exited the hall following Mr. El-Sayed's speech."

Self wrote that the candidate would be allowed to attend the event but that 501(c)3 rules strictly forbid that group from endorsing the candidate or allowing fundraising for the campaign to occur.

He also pointed out that the group was an unindicted co-conspirator in the Holy Land Foundation case, involving the provision of funding for the Hamas terror group.

Self called on Scott Bessent, the secretary of the Treasury, to investigate the group and review its tax-exempt status.

RELATED: 'He's full of s**t': Trump RIPS INTO Abdul El-Sayed after his victory in Democratic primary

"Taxpayers should not be forced to subsidize a nonprofit acting like a campaign committee for the Red-Green Alliance," Self wrote.

"These circumstances warrant a thorough examination of whether ISNA participated or intervened in a political campaign," he concluded.

Blaze News requests for comment from both the Islamic Society of North America and the El-Sayed campaign were not returned in time for publication.

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MEME-FODDER MARK: Carney blew up the trade deal. Now Canada is the punch line.



After Canadian Prime Minister Mark Carney declared that Canada was “at war” with the United States and walked away from a proposed trade deal last month, Canada quickly became an object of ridicule in Washington.

But after blowing up the trade deal, Carney has been less eager to explain exactly what happened. He has ignored Official Opposition Leader Pierre Poilievre’s demand to reconvene Parliament or provide the Conservative leader with details of the failed trade negotiations.

'How are we going to be at war with Canada? What, are they going to take their two submarines from the Edmonton Mall and sic them on us?'

Carney has offered a broad explanation for walking away, arguing that Washington was demanding concessions that threatened Canadian sovereignty and could eventually wipe out important Canadian industries, particularly auto manufacturing.

American officials tell a very different story.

'Best deal available'

U.S. Trade Representative Jamieson Greer flatly denied Carney’s allegations that President Donald Trump wanted somehow to interfere with Quebec culture or erode official bilingualism in Canada.

“We had agreed to, as I've shared before in the press, really the best deal available to any country on the planet with respect to Canada,” Greer told CBC News in the aftermath of Carney's withdrawal.

What Carney did emerge to address Tuesday was something else: the memes.

“When the Americans stop doing memes, stop throwing shade, stop trying to be tough, and start being serious about having those discussions, we can have those discussions,” he told reporters Tuesday.

As with all attempts to demand that people on the internet stop making fun of you, Carney’s statement had the opposite effect. Even American officials couldn’t resist a little trolling.

Treasury Secretary Scott Bessent mocked Carney’s claim that the countries were “at war.”

“I think this is very unfortunate that Prime Minister Carney has turned this into a political shouting match,” Bessent said.

“I mean, we're not at war with Canada. How are we going to be at war with Canada? What, are they going to take their two submarines from the Edmonton Mall and sic them on us?”

Looking out for number one?

Then Bessent got more serious.

“He came to power on an anti-American, anti-Trump agenda. He was 20 points behind in the polls, and then he started this.

"It's unfortunate that he's not doing what's best for the Canadian people. He's doing what is best for the Liberal Party, what's best for Mark Carney, and in the long run, the Canadian people are going to see through that.”

Bessent reiterated the administration’s contention that Canada had been offered “the best trade deal of any country on the globe” before Carney walked away from it at "the last minute.”

Carney may not have been the only Canadian politician responsible for blowing up the agreement.

Ontario Premier Doug Ford reportedly pushed for better treatment of Ontario's auto industry and resisted returning American alcohol to the shelves of Ontario's government-owned liquor stores.

Since the deal collapsed, Ford has even suggested that Alberta could cut off oil shipments to the United States — an idea he has floated before.

There was an awkward problem with Ford’s threat: Ontario itself depends on Alberta oil that travels through the United States. Enbridge’s Line 5 crosses Michigan before returning to Canada and supplying Ontario refineries.

Alberta Premier Danielle Smith quickly rejected Ford’s idea, warning that cutting off Alberta energy exports to the United States would be “extremely harmful to Canadians.”

RELATED: MILK MONEY: How Mark Carney chose the dairy cartel — and China — over a Trump trade deal

Bloomberg/Kirsty O'Conner/Nuria Gonzalez-Sanchez/Getty Images

Key role for American Democrat

There are also legitimate questions about other sticking points in the failed negotiations. Carney remains committed to Canada's heavily protected dairy sector, opposed to reviving the Keystone XL pipeline, and increasingly interested in expanding trade with China. The Trump administration has also accused Canada of serving as a route for Chinese steel transshipped into the United States to evade American trade restrictions.

And the questions about Carney’s handling of the United States don’t end with the trade deal.

Take Maia Johnson, the American and registered Democrat with ties to the Hillary Clinton, Joe Biden, and Kamala Harris campaigns, whom Carney promoted to the newly created position of chief operating officer in the prime minister’s office. Before the promotion, Johnson held the revealing title of “senior adviser, United States stakeholder strategy” — meaning Carney had already put an American Democratic operative in a key role advising him on how to deal with the United States.

'Manufactured' crisis

Whatever was going on inside Carney’s office, the Trump administration has been remarkably consistent about what happened to the deal.

“Canada was going to have the best trade deal in the world,” Commerce Secretary Howard Lutnick told reporters. “And what happened was that Canada walked away. We had a deal. We shook hands. The president announced it, right? Everybody was positive. Canada made the decision for political purposes. They wanted to walk away.”

Lutnick also rejected Carney's contention that Washington had sought concessions involving Quebec and the French language.

“Do I care about how the Quebecois speak?” Lutnick said. “I mean, what could matter less to America? We don't care.”

“This is manufacturing,” he continued. “That's why the president put out a Truth [Social post] saying it was a complete lie.”