Congress

What Big Tech Said in Closed-Door Senate Forum on AI
What Big Tech Said in Closed-Door Senate Forum on AI
September 15, 2023  |  artificial intelligence

It was a big week for artificial intelligence (AI) in Washington. This, as U.S. Senate Majority Leader Chuck Schumer (D-N.Y.) hosted a closed-door knowledge sharing forum Wednesday...

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Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
September 11, 2023  |  Regulation

U.S. lawmakers are hitting the ground running on creating an artificial intelligence (AI) policy.  Big Tech companies are rushing to prove that they can get there first...

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AI Safeguards to be Focus of Congressional Hearings
AI Safeguards to be Focus of Congressional Hearings
September 08, 2023  |  Artificial Intelligence

The U.S. Congress is reportedly taking steps to address the potential risks associated with the rapid advancement of artificial intelligence (AI). Three hearings are scheduled...

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US Senate’s Return May Kick AI Regulation Into High Gear
US Senate’s Return May Kick AI Regulation Into High Gear
September 05, 2023  |  artificial intelligence

Summer is over, but the generative artificial intelligence (AI) revolution continues to march on. Many of the bleeding-edge large language models (LLMs) from firms like OpenAI, Google and Anthropic  were...

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Businesses Need to Chart Own Policy Path Around Using AI
Businesses Need to Chart Own Policy Path Around Using AI
August 29, 2023  |  artificial intelligence

Generative artificial intelligence (AI) has changed the game so fast that companies and governments alike are trying to play catch-up. That is because the innovation...

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HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
August 09, 2023  |  Blockchain

The top Democrat on the House Financial Services Committee (HFSC), Rep. Maxine Waters, said she is “deeply concerned” about PayPal’s decision to launch a stablecoin....

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The Ripple Effect: What Proposed US Crypto Legislation Looks Like 
The Ripple Effect: What Proposed US Crypto Legislation Looks Like 
July 26, 2023  |  Cryptocurrency

The U.S. crypto crackdown started at the top, but the sector’s fractures were bottom-up.  Some of the digital asset industry’s biggest names, like Coinbase and...

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HFSC Chairman Says Bill Will Provide Digital Asset Regulatory Framework
HFSC Chairman Says Bill Will Provide Digital Asset Regulatory Framework
July 26, 2023  |  Regulation

A bill now in the U.S. House of Representatives would make it law that not all digital assets are securities. So said House Financial Services Committee (HFSC) Chairman Patrick McHenry in opening...

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US Lawmakers Prepare to Tackle Landmark Crypto Bill
US Lawmakers Prepare to Tackle Landmark Crypto Bill
July 26, 2023  |  Cryptocurrency

The cryptocurrency industry has long been asking Washington for more regulatory clarity. This week could finally put the sector on the road to that goal,...

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