Congress wants veto power over Trump administration for AI chip exports — new proposed AI Overwatch Act would shift ultimate control of high-performance chip exports

The U.S. House of Representatives Foreign Affairs Committee has moved forward with the AI Overwatch Act, which would shift control of high-performance AI chip exports to adversary nations from the executive branch to Congress. This bill, part of the SAFE Chips Act family, aims to restrict shipments of advanced AI processors to countries like China, Iran, North Korea, and Russia. If passed, the AI Overwatch Act would grant Congress veto power over exports of certain high-performance chips, allowing them to block sales to specific entities even if approved by the executive branch. Additionally, the legislation introduces a framework for trusted U.S. persons to operate restricted AI GPUs abroad under strict conditions, ensuring ongoing control and oversight of AI capabilities.