Senate Majority Leader Chuck Schumer believes crypto legislation could happen this year. Schumer made this comment Wednesday (Aug. 14) at an online event for cryptocurrency insiders who are backing Vice President Kamala Harris for president. “We all believe in the future of crypto,” said Schumer, whose comments at the...
As artificial intelligence reshapes the tech landscape, regulators and lawmakers are scrambling to keep pace. Microsoft’s withdrawal from OpenAI’s board, an upcoming Senate hearing on AI privacy, and expert calls for a new regulatory approach highlight the complex challenges facing the AI industry and its...
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 but largely unchecked technology permeates more aspects of daily life. On Wednesday (May 15), a bipartisan group of senators unveiled...
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 (May 15), would be spread over a three-year period and help develop artificial intelligence (AI) and create safeguards around the fast-growing technology....
October 10, 2022
It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange. The latest attempt, spearheaded by U.S. Senators Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.), is intended to pass a law that challenges the interchange fees set by Visa and Mastercard. A challenge that does […]
August 15, 2024
Senate Majority Leader Chuck Schumer believes crypto legislation could happen this year. Schumer made this comment Wednesday (Aug. 14) at an online event for cryptocurrency insiders who are backing Vice President Kamala Harris for president. “We all believe in the future of crypto,” said Schumer, whose comments at the Crypto4Harris event were reported by Coindesk. “Congress has a responsibility […]
May 15, 2024
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 (May 15), would be spread...
May 06, 2024
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 raised, these groups are behind...
April 29, 2024
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 America’s Health Care: Assessing the...
