Senate

AI Regulation: Senators Unveil AI Plan, OpenAI CEO Wants International Agency
AI Regulation: Senators Unveil AI Plan, OpenAI CEO Wants International Agency
May 15, 2024  |  artificial intelligence

A growing chorus of lawmakers and technology leaders are calling for new regulations to govern the rapid rise of artificial intelligence (AI) as the transformative...

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Senate AI Group Recommends $32 Billion in Spending
Senate AI Group Recommends $32 Billion in Spending
May 15, 2024  |  artificial intelligence

A bipartisan Senate group wants the government to spend at least $32 billion on AI. That funding, the senators said in a report issued Wednesday...

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Cryptocurrency Super PACs Among Top Fundraisers for 2024 Elections
Cryptocurrency Super PACs Among Top Fundraisers for 2024 Elections
May 06, 2024  |  Politics

Cryptocurrency sector-backed super political action committees (PACs) have become one of the top three fundraisers in the 2024 election season.  With more than $102 million...

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Data Security Is Top Priority as Payments Enter Zettabyte Era
Data Security Is Top Priority as Payments Enter Zettabyte Era
May 06, 2024  |  Data

You’ve probably heard it before, but data is undoubtedly the oil of the 21st century. And, just like oil, any data breaches or the equivalent...

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UnitedHealth CEO Andrew Witty to Testify Before Congress on Cyberattack
UnitedHealth CEO Andrew Witty to Testify Before Congress on Cyberattack
April 29, 2024  |  Security & Fraud

UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. The Senate hearing is titled “Hacking...

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Credit Card Late Fee Cap Has Winding Path Ahead In Congress
Credit Card Late Fee Cap Has Winding Path Ahead In Congress
April 18, 2024  |  Credit Cards

Out of committee…and now the path is a winding one for the proposed repeal of the Consumer Financial Protection Bureau’s (CFPB) rule that would cap credit...

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Senators Unveil Bipartisan Bill Outlawing Algorithmic Stablecoins
Senators Unveil Bipartisan Bill Outlawing Algorithmic Stablecoins
April 17, 2024  |  Cryptocurrency

Two U.S. lawmakers have introduced legislation to govern the use of stablecoins. The legislation, announced Wednesday (April 17) by Sen. Kirsten Gillibrand (D-N.Y.) and Sen. Cynthia Lummis (R-Wyo.) would...

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GOP Pushes to Ban CBDCs Over Privacy Concerns
GOP Pushes to Ban CBDCs Over Privacy Concerns
February 27, 2024  |  CBDC

Five Senate Republicans have introduced legislation that would block the digital dollar. The “CBDC Anti-Surveillance State Act,” announced Monday (Feb. 26), would prevent the Federal...

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JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry
JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry
December 06, 2023  |  Cryptocurrency

Jamie Dimon, the CEO of JPMorgan Chase & Co., has again expressed his strong opposition to the cryptocurrency industry.  During a Senate Banking Committee hearing on Wednesday (Dec. 6),...

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