December 8, 2025 • 7 mins
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The president is preparing a sweeping “one rule book” executive order for AI, arguing that only a single national standard can keep America ahead of China. But while Washington pushes uniform rules, states like Florida are rolling out their own AI Bills of Rights—targeting deepfakes, data privacy, therapy bots, parental oversight, and data-center protections. Is a unified framework necessary for innovation, or does it trample the Constitution and the 10th Amendment? A deep dive into the coming showdown between federal ambition and state authority.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
The president is preparing a sweeping “one rule book” executive order for AI, arguing that only a single national standard can keep America ahead of China. But while Washington pushes uniform rules, states like Florida are rolling out their own AI Bills of Rights—targeting deepfakes, data privacy, therapy bots, parental oversight, and data-center protections. Is a unified framework necessary for innovation, or does it trample the Constitution and the 10th Amendment? A deep dive into the coming showdown between federal ambition and state authority.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader.
Speaker 2 (00:14):
Chris Markowski, the President tas well. He's why not readying
his One Rule, One Rule Executive Order for a I.
His argument is that we need a single national set
of rules, known as a one Rule Book governing the
(00:37):
artificial intelligence industry.
Speaker 3 (00:39):
He says it's.
Speaker 2 (00:40):
Essential, rather than a patchwork state by state regulatory framework.
Speaker 3 (00:46):
He says that will slow development.
Speaker 2 (00:50):
I'm in a superpower race with China, he put out,
there there must be only one rule book if we're
going to continue to.
Speaker 3 (00:57):
Lead in AI.
Speaker 2 (00:59):
We are beating all countries at this point in the race,
but that won't last long. If we are going to
have fifty states, many of them bad actors involved in
rules and the approval process, there can be no doubt
about this AI will be destroyed and its infancy, he said.
Speaker 3 (01:14):
The One Role Executive or will be signed this week.
Speaker 2 (01:17):
You can't expect a company to get fifty approvals every
time they want to do something that will never work. Okay,
now I agree with the President when it comes to
certain aspects of this Begive me an example.
Speaker 3 (01:33):
The way that we handle.
Speaker 2 (01:36):
Gasoline, for example, in this country is ridiculous.
Speaker 3 (01:41):
Every state has different.
Speaker 2 (01:44):
Rules into blends certain times of year. So for example,
if there is a shortage of gasoline in New York,
New Jersey can't say, hey, we've got extra gasoline. You
guys can sell it in New York. No, two different blends.
You know, I talked about this years ago. I say,
(02:04):
you know, I don't care. You can make it. You
know Al Gore's favorite blend for crying out loud, make it,
make it, make it Al Gore's favorite blend, and just
make it good for fifty states. And then you know what,
You're not gonna deal with shortages because somebody else can
always pick up the slack, no matter where it may be.
Speaker 3 (02:20):
But again, that's just me.
Speaker 2 (02:22):
Another example this might be we here in the United
States we have one plug. Right, you don't need a
converter for your laptop. If I'm traveling from Florida to Wiskanson,
all right, same plug for electricity in the walls. You
go to Europe, oh okay, you gotta have a converter,
(02:43):
they do electricity listen, Okay, I understand that.
Speaker 3 (02:48):
However, I don't know.
Speaker 2 (02:51):
I don't know what this AI Bill of Rights that
Trump was going to put forward is going to encompass.
But I also believe in States Rights tenth Amendment of
the Constitution. I want to share with everybody what my
governor here in the state of Florida has put out
(03:12):
establishing Florida's AI Bill of Rights Reenact protections Florida has
already passed against deep fakes and explicit material, including those
depicting minors. Do you have any problem with that? I
don't have any problem with that. I think that's great.
(03:33):
I think deep fakes and all that sore crap we
did a podcast on this should be banned as far
as I'm concerned. Prohibit any state or local government agency
from utilizing deep seek or any other Chinese created AI
tools to protect American data.
Speaker 3 (03:48):
Prohibit AI from.
Speaker 2 (03:50):
Using and individual's name, image, and like likeness without their consent,
tie it to harm or sale of a product. Political
adds schemes to defraud, which is already in the law. Again,
maybe Trump adds these things. I think that these things
are great. I'm glad that you know. This is what
(04:12):
the State of Florida wants to do. Require notice to
consumers when interacting with AI company chat boxes.
Speaker 3 (04:21):
Again, Okay, you're speaking with a robot right now? Anything
wrong with that? I don't have any problem with that.
Speaker 2 (04:31):
Prohibit entities from providing licensed therapy or mental health counseling
through artificial intelligence. This can be expanded to include use
of AI to imitate a licensed professional.
Speaker 3 (04:45):
Problems with that?
Speaker 2 (04:47):
Nah mean neither provide parental controls for miners which allow
parents to access the conversations the child has with a
large language model, set parameters for when the child can
access the platform, and notify parents if their child exhibits
concerning behavior.
Speaker 3 (05:04):
Any problem with that now me? Neither.
Speaker 2 (05:08):
And I know you're gonna have people wailing and nation.
Oh no, you go look freeze being a love to
whatever you want for crime out. We still have ratings
on movies GPG and R for creating. You're not supposed
to let kids into certain movie This is asking too much.
Ensure data input into AI is secure in private. Prohibit
(05:30):
companies from selling or sharing personal identifying information with third parties,
and minor data privacy protections in current law limit insurance
companies for using AI for insurance claims. Require that AI
cannot be used as the soul determination adjusting or denying
a claim. Ensures that use AI for claims must detail
(05:51):
the use and allow the Office of Insurance Regulation to
inspect the AI model to ensure it does not violate
unfair insurance trade practice.
Speaker 3 (06:00):
Is any problem with that?
Speaker 2 (06:02):
No, Now, this is even better with data centers. Protect ratepayers.
Prohibit utilities from charging Florida residents more to support hyper
scale data center development, including electric, gas, and water utilities. Basically, Oh,
(06:22):
you want to build that data center here, Okay, but
guess what you're paying for the electricity. You're going to
have to add the additional capacity because we're not going
to crush our residents with higher electricity costs and water
costs because of the data center. Protect taxpayers, no taxpayer
(06:43):
subsidies for big tech. Protect local control. Allow local government
to proprohibit data center construction and development. Protect Florida's water
resources and sure the water resources are not utilized to
the detriment of the public. Protect natural Florida. Prevent the construction, sitting,
or operation of a data center by foreign principles or
(07:04):
on land classified as agricultural and or lands under a
green belt exemption, and require Florida Department of Transportation to
complete noise abatement reviews to protect Florida from noise pollution.
Speaker 3 (07:17):
All good.
Speaker 2 (07:18):
Now, I don't know what his one rule executive order
is going to contain. But again, President, I understand his
enthusiasm for AI.
Speaker 3 (07:30):
That's all well and good, but you also have to.
Speaker 2 (07:33):
Have little enthusiasm for the Constitution and states rights and
local communities. Watchdog on Wall Street dot Com
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader.
Speaker 2 (00:14):
Chris Markowski, the President tas well. He's why not readying
his One Rule, One Rule Executive Order for a I.
His argument is that we need a single national set
of rules, known as a one Rule Book governing the
(00:37):
artificial intelligence industry.
Speaker 3 (00:39):
He says it's.
Speaker 2 (00:40):
Essential, rather than a patchwork state by state regulatory framework.
Speaker 3 (00:46):
He says that will slow development.
Speaker 2 (00:50):
I'm in a superpower race with China, he put out,
there there must be only one rule book if we're
going to continue to.
Speaker 3 (00:57):
Lead in AI.
Speaker 2 (00:59):
We are beating all countries at this point in the race,
but that won't last long. If we are going to
have fifty states, many of them bad actors involved in
rules and the approval process, there can be no doubt
about this AI will be destroyed and its infancy, he said.
Speaker 3 (01:14):
The One Role Executive or will be signed this week.
Speaker 2 (01:17):
You can't expect a company to get fifty approvals every
time they want to do something that will never work. Okay,
now I agree with the President when it comes to
certain aspects of this Begive me an example.
Speaker 3 (01:33):
The way that we handle.
Speaker 2 (01:36):
Gasoline, for example, in this country is ridiculous.
Speaker 3 (01:41):
Every state has different.
Speaker 2 (01:44):
Rules into blends certain times of year. So for example,
if there is a shortage of gasoline in New York,
New Jersey can't say, hey, we've got extra gasoline. You
guys can sell it in New York. No, two different blends.
You know, I talked about this years ago. I say,
(02:04):
you know, I don't care. You can make it. You
know Al Gore's favorite blend for crying out loud, make it,
make it, make it Al Gore's favorite blend, and just
make it good for fifty states. And then you know what,
You're not gonna deal with shortages because somebody else can
always pick up the slack, no matter where it may be.
Speaker 3 (02:20):
But again, that's just me.
Speaker 2 (02:22):
Another example this might be we here in the United
States we have one plug. Right, you don't need a
converter for your laptop. If I'm traveling from Florida to Wiskanson,
all right, same plug for electricity in the walls. You
go to Europe, oh okay, you gotta have a converter,
(02:43):
they do electricity listen, Okay, I understand that.
Speaker 3 (02:48):
However, I don't know.
Speaker 2 (02:51):
I don't know what this AI Bill of Rights that
Trump was going to put forward is going to encompass.
But I also believe in States Rights tenth Amendment of
the Constitution. I want to share with everybody what my
governor here in the state of Florida has put out
(03:12):
establishing Florida's AI Bill of Rights Reenact protections Florida has
already passed against deep fakes and explicit material, including those
depicting minors. Do you have any problem with that? I
don't have any problem with that. I think that's great.
(03:33):
I think deep fakes and all that sore crap we
did a podcast on this should be banned as far
as I'm concerned. Prohibit any state or local government agency
from utilizing deep seek or any other Chinese created AI
tools to protect American data.
Speaker 3 (03:48):
Prohibit AI from.
Speaker 2 (03:50):
Using and individual's name, image, and like likeness without their consent,
tie it to harm or sale of a product. Political
adds schemes to defraud, which is already in the law. Again,
maybe Trump adds these things. I think that these things
are great. I'm glad that you know. This is what
(04:12):
the State of Florida wants to do. Require notice to
consumers when interacting with AI company chat boxes.
Speaker 3 (04:21):
Again, Okay, you're speaking with a robot right now? Anything
wrong with that? I don't have any problem with that.
Speaker 2 (04:31):
Prohibit entities from providing licensed therapy or mental health counseling
through artificial intelligence. This can be expanded to include use
of AI to imitate a licensed professional.
Speaker 3 (04:45):
Problems with that?
Speaker 2 (04:47):
Nah mean neither provide parental controls for miners which allow
parents to access the conversations the child has with a
large language model, set parameters for when the child can
access the platform, and notify parents if their child exhibits
concerning behavior.
Speaker 3 (05:04):
Any problem with that now me? Neither.
Speaker 2 (05:08):
And I know you're gonna have people wailing and nation.
Oh no, you go look freeze being a love to
whatever you want for crime out. We still have ratings
on movies GPG and R for creating. You're not supposed
to let kids into certain movie This is asking too much.
Ensure data input into AI is secure in private. Prohibit
(05:30):
companies from selling or sharing personal identifying information with third parties,
and minor data privacy protections in current law limit insurance
companies for using AI for insurance claims. Require that AI
cannot be used as the soul determination adjusting or denying
a claim. Ensures that use AI for claims must detail
(05:51):
the use and allow the Office of Insurance Regulation to
inspect the AI model to ensure it does not violate
unfair insurance trade practice.
Speaker 3 (06:00):
Is any problem with that?
Speaker 2 (06:02):
No, Now, this is even better with data centers. Protect ratepayers.
Prohibit utilities from charging Florida residents more to support hyper
scale data center development, including electric, gas, and water utilities. Basically, Oh,
(06:22):
you want to build that data center here, Okay, but
guess what you're paying for the electricity. You're going to
have to add the additional capacity because we're not going
to crush our residents with higher electricity costs and water
costs because of the data center. Protect taxpayers, no taxpayer
(06:43):
subsidies for big tech. Protect local control. Allow local government
to proprohibit data center construction and development. Protect Florida's water
resources and sure the water resources are not utilized to
the detriment of the public. Protect natural Florida. Prevent the construction, sitting,
or operation of a data center by foreign principles or
(07:04):
on land classified as agricultural and or lands under a
green belt exemption, and require Florida Department of Transportation to
complete noise abatement reviews to protect Florida from noise pollution.
Speaker 3 (07:17):
All good.
Speaker 2 (07:18):
Now, I don't know what his one rule executive order
is going to contain. But again, President, I understand his
enthusiasm for AI.
Speaker 3 (07:30):
That's all well and good, but you also have to.
Speaker 2 (07:33):
Have little enthusiasm for the Constitution and states rights and
local communities. Watchdog on Wall Street dot Com
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