DOGE Is Using AI to Target SEC Regulations for Cutting
The AI tool works like a chatbot and is helping the agency target rules related to diversity and other themes.
Staff at the Securities and Exchange Commission are using artificial intelligence to identify rules and regulations to potentially cut, as President Donald Trump’s administration wages a tumultuous campaign aimed at limiting financial regulators and sidelining staff it views as not aligned with its priorities.
Employees associated with the Department of Government Efficiency have built an AI tool to analyze the SEC’s many rules and regulations, identifying thousands for review, according to two people with knowledge of the work and an internal document viewed by The Information. They are targeting rules regarding diversity as well as ones the administration believes create unnecessary obstacles for businesses, including certain reporting requirements, one of the people said.