From Reuters: 

"We've seen throughout history that countries that are first to exploit periods of rapid technological change can often cause shifts in the global balance of power," Jacob Helberg, a USCC commissioner and senior advisor to software company Palantir's CEO, told Reuters.

I think it is true that (setting aside AI risk concerns), the US gov should, the moment it recognizes AGI (smarter than human AI) is possible, pursue it. It's the best use of resources, could lead to incredible economic/productivity/etc. growth, could lead to a decisive advantage over adversaries, could solve all sorts of problems.

"China is racing towards AGI ... It's critical that we take them extremely seriously," Helberg added.

This does not seem true to me though, unless Helberg and all have additional evidence. From the Dwarkesh podcast recently, it seemed to me (to be reductionist) that both Gwern and SemiAnalysis doubted China was truly scaling/AGI-pilled (yet). So this seems a bit more of a convenient statement from Helberg, and the next quote describes this commission as hawkish on China.

The USCC, established by Congress in 2000, provides annual recommendations on U.S.-China relations. Known for its hawkish policy proposals, the commission aims to guide lawmakers on issues of economic and strategic competition with China.