Canonical event

U.S. Treasury Secretary says he plans to propose U.S.-China AI emergency notification mechanism

On October 3, Axios reported that Treasury Secretary Scott Bessent plans to propose an emergency notification system between the United States and China for serious AI incidents. The development is materially relevant to geopolitical AI governance, but the evidence supports only a planned U.S. proposal; it does not establish Chinese agreement, a negotiated mechanism, or implementation.