House Speaker Mike Johnson said that the media is having an overblown reaction to warnings about AI despite some calls to regulate the industry.

Johnson gave his weekly press conference on Tuesday ahead of the last week of votes before the House of Representatives breaks to go on the campaign trail.

Reporters asked him about whether Congress needed to take action to regulate AI after many people in the industry called for it to be regularly. It comes as Sen. Bernie Sanders (I-Vt.) and former Trump adviser Steve Bannon are hosting a summit around AI on Tuesday.

But the speaker sided with President Donald Trump, who has said that he should be the only guardrail.

“If Bernie Sanders is in charge of this thing, he’ll just shut it all down, and we’re toast,” he told reporters. Johnson repeated a commonly-parroted line that if the United States reins in AI too much, then China and Xi Jinping will lead the race for the industry.

“We’re not going to take stupid, knee-jerk reaction prescriptions on this,” he said. “We’re going to do this right, wisely, carefully to make sure that we maintain our edge.”

Trump and most Republicans have largely promoted AI. He brought on David Sacks, the tech investor, to be the chairman of his council of advisors on science and technology.

But last week, many in Washington expressed alarm after Jacob Coxon, a former researcher for Anthropic, resigned his position and said that “people building AI earnestly believe that it could kill us all by the end of the decade.”

That prompted some Democrats and even some conservative Republicans like Rep. Anna Paulina Luna of Florida to say Congress needed to have hearings about AI and the risks it poses. In response, Trump balked.

“The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!” Trump said on Truth Social.

The president has also said some of the alarmism around AI is a “HOAX.”

“AI taking over the World, destroying Humanity, and all other things bad, is a HOAX, no different from RUSSIA, RUSSIA, RUSSIA — UKRAINE, UKRAINE, UKRAINE — IMPEACHMENT HOAX #1 — IMPEACHMENT HOAX #2 — and all of the other HOAXES and SCAMS that America was forced to endure through the Destructionists’ and Deviants’ foul play and illegal conduct,” he said.

Johnson repsonded to the president’s comments and sought to clarify them.

“When the president says a hoax, what he’s referring to is, we’ve all seen this movie before,” he said. “We’re 49 days out from an election. A catastrophe is created. The media gets spun up. Social media gets spun up.”