GoKawiil
Tech News
Ahead of November's midterms, Democratic lawmakers are signaling plans to intensify oversight of AI companies if they regain control of one or both congressional chambers. Senior Democrats on key committees have pointed to data center tax credits and recent hacking incidents as areas they want to investigate, with committee control potentially letting them subpoena documents and call tech CEOs to testify.
A Government Accountability Office report released in late September found that several federal agencies, including the Consumer Financial Protection Bureau, did not fully cooperate with investigators examining what data and systems Elon Musk's Department of Government Efficiency accessed. The CFPB disputed the findings, calling the report biased and misleading, while Democratic lawmakers are preparing to intensify oversight efforts if they regain control of Congress.
Texas Republican Chip Roy said on CNBC's Squawk Box that while he opposes government regulation of AI as a free-market conservative, he believes Congress should hold hearings where AI company executives explain their safety practices. Roy, who is leaving the House after losing his bid for Texas attorney general, recently joined an unusual bipartisan coalition including Bernie Sanders and Steve Bannon at a Future of Life Institute event focused on AI risks.