Senate

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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Senate Grapples With AI’s Existential Threats Amid Industry’s Dueling Narratives
Senate Grapples With AI’s Existential Threats Amid Industry’s Dueling Narratives
December 06, 2023  |  artificial intelligence

There’s a simple binary that many in advertising use to promote brands: fear vs. hope. Home security systems and health insurance providers, for example, are...

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This Week in AI: Politics, Policies and Payments
This Week in AI: Politics, Policies and Payments
October 27, 2023  |  artificial intelligence

As another week has gone by, generative artificial intelligence (AI) continues to work its way further and further into daily life. The only problem, from...

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This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
September 15, 2023  |  artificial intelligence

Another week, another growth spurt for the artificial intelligence (AI) sector. The U.S. Senate returned from its summer recess primed to tackle AI legislation with...

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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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US Eyes AI Regulations that Tempers Rules and Innovation
US Eyes AI Regulations that Tempers Rules and Innovation
September 15, 2023  |  artificial intelligence

The world’s moving on artificial intelligence (AI), and it’s because AI already moved the world. But the story is nothing new: governments are often, and...

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US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
September 12, 2023  |  artificial intelligence

The U.S. government’s track record of keeping up with innovative technology is relatively lackluster. No new law meant to regulate the tech sector has been...

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