Expressing the sense of the House of Representatives that Congress must refuse to provide any additional funds or exceptional regulatory support to companies or financial institutions facing insolvency or financial collapse due to exposures to acute stress within the artificial intelligence market and must provide support to all harmed Americans instead. (H.R.1642, US)
Last Updated:
Bill Status
Summary:
Expresses opposition to bailouts and liability shields for insolvent AI companies; supports aggressive Federal action to directly protect workers and consumers from bearing costs due to financial stresses caused by AI companies going under; and commits to reform to prevent bubbles and ensure that the burdens of bubbles bursting are justly distributed. [Data center financing and energy demand cited in preamble.]
Session:
Current
State / Federal:
Bill Number:
H.R.1642
Party of sponsors/cosponsors:
D
Impact Type
Compare to other policy:
Search the tracker for other policy related to this gateway →
Leave a Reply
Comments are open to network members. Log in or join the network to leave one. Every comment is reviewed before it appears.