Can Congress Get CLARITY Across the Line?

Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation.”

Senators had hoped the issue, which has plagued crypto legislation for months, had been put to bed with a proposed compromise last week.

The Securities and Exchange Commission is already creating crypto clarity despite Congress’s failure to act.

A super PAC that’s funded by co-founders of Palantir, OpenAI and Andreessen Horowitz is spending millions on attack ads opposing Alex Bores’s campaign for Congress. On “The Ezra Klein Show,” the New York state assemblyman explains how tech companies have targeted his pro-regulation positions, despite publicly claiming to welcome A.I. oversight.

Lawmakers gathered with academics and executives at the roundtable discussion on “Artificial Intelligence and American Power”.

Alex Bores, a former Palantir employee, helped pass one of the country’s toughest AI laws. Now Silicon Valley’s biggest names are trying to stop his rise to Congress.