#CHUCKSCHUMER News

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Zyn shortages leave some retailers out of stock, while online sellers start rationing to prevent hoarding of the popular tobacco pouches

fortune.com Zyn, a hit nicotine pouch made by Philip Morris International Inc., is out of stock with with multiple retailers who ship nationwide, and some wholesalers are also reporting…

The AI Pork Barrel Arrives

wsj.com Chuck Schumer has found a new excuse to spend $32 billion a year, and some Republicans are going along for the ride.

Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?

coindesk.com The U.S. Senate joined the House of Representatives in voting to repeal a controversial U.S. Securities and Exchange Commission (SEC) accounting rule that imposed burdensome…

US Crypto Market Awaits FIT21 Bill’s Final Vote Next Week: What to Expect?

coinpedia.org The post US Crypto Market Awaits FIT21 Bill’s Final Vote Next Week: What to Expect? appeared first on Coinpedia Fintech News House lawmakers are set to vote on the…

Opening Bell: 5.17.24

dealbreaker.com Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years [MarketWatch via Morningstar][Michael] Hartnett and team say the 3Ps of…

Crypto Industry Rallies Behind House Bill As it Heads Toward Final Vote

coindesk.com None A wide swath of the crypto industry signed a letter to the top lawmakers in the U.S. House of Represenatives, explaining why they should get behind the Financial…

Defending Privacy in the Surveillance State and Fragmenting Internet

nakedcapitalism.com Yves here. One of the problems with defending privacy, much like masking, is other people. I am very anti-social and still encounter pressure to engage in activities that…

Reddit Co-Founder Highlights Democrats Going Against Party to Support Crypto

coinedition.com The Senators joined the House of Representatives in repealing a controversial SEC directive. • Reddit co-founder amplified the action and pledged support for crypto…

Marijuana could share the same status as steroids, in a historic shift in U.S. drug policy

fastcompany.com The Justice Department on Thursday formally moved to reclassify marijuana as a less dangerous drug, a historic shift in generations of U.S. drug policy.A proposed rule sent…

The one key difference between the U.S. and China in the AI arms race

aol.com On Tuesday, senior officials from the U.S. and China met in Geneva for a first-ever discussion about how they might work together to ensure emerging artificial intelligence…

Weekly Roundup 05/17/24 (SAB121 repeal, Paul Ryan on stables, Bitcoin ETF 13Fs) (EP.528)

onthebrink-podcast.com Matt and Nic are back with another week of news and deals. In this episode: The Senate votes to repeal SAB121 Which Democrats defied Biden on SAB121? Chuck Schumer breaks…

Crypto Just Had A Game-Changing Moment, But Will Biden Veto?

bitcoinist.com In a potentially game-changing moment for the crypto sector, the US Senate has passed H.J. Res 109, a bill seeking to overturn the Securities and Exchange Commission’s (SEC)…

Schumer moving to give cover to Biden, Dems on border action

axios.com Senate Majority Leader Chuck Schumer (D-N.Y.) will give the White House cover to use stricter immigration executive actions by resurrecting a bipartisan border bill for a…

Ted Cruz leverages Gaza humanitarian pier to jam Democrats

axios.com Sen. Ted Cruz (R-Texas) plans to leverage the humanitarian pier in Gaza as a way to put Democrats on the record over President Biden's approach to the Israel-Hamas war. Why…

Senate Passes Bill To Scrap Anti-Crypto Banking Policy

cryptopotato.com The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious…

Senate AI group punts on regulation while urging the government to spend billions on the tech ASAP

aol.com Hello and welcome to Eye on AI. Leading AI companies OpenAI and Google took turns making headlines on Monday and Tuesday, announcing a slew of new generative AI products and…

At corruption trial, Menendez defense pins blame on wife

semafor.com Semafor Signals Supported by Insights from The Washington Post, Politico, and Semafor The News Sen. Bob Menendez’s corruption trial started with a bang on Wednesday as his…

Senate passes resolution to overturn SAB 121

blockworks.co The US Senate on Thursday passed Joint Resolution 109, which seeks to overturn the Security and Exchange Commission’s Staff Accounting Bulletin (SAB) 121. The legislation…

House to vote on requiring delivery of bombs to Israel in Republican rebuke of Biden policies

pbs.org The House was set Thursday to deliver a rebuke to President Joe Biden for pausing a shipment of bombs to Israel, voting on legislation that would seek to force the weapons…

Biden visits Syracuse as NYC campus chaos grows

politico.com With help from Shawn Ness and Irie Sentner New from New York Happening now: Two Syracuse University alums visited their former college town. New York spends the most per…

Senate Votes to Repeal SEC Crypto Rule on Bankless

bankless.com The U.S. Senate joined the House of Representatives in voting to to overturn the SEC's controversial crypto accounting policy, SAB 121. All eyes turn now to President Biden,…

US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth

cryptonews.com A bipartisan group of four senators urged Congress to take bold, decisive action to secure American leadership in the artificial intelligence (AI) sector on May 15. The…

Breaking: Senate Overwhelmingly Votes To Overturn The SEC’s SAB121

cryptonews.com The U.S. Senate voted to formally issue a disapproval of the United States Securities and Exchange Commission’s (SEC) controversial staff accounting bulletin SAB121 on…

Fully Backed Stablecoins Do Not Need Complex Federal Regulation

forbes.com The introduction of the Lummis-Gillibrand Payment Stablecoin Act has spurred all sorts of speculation and criticism. The big question is whether members of Congress will…

Top New York regulator Adrienne Harris optimistic about a federal stablecoin deal

fortune.com As Congress continues to debate the future of crypto regulation, one state regulator is waiting for the federal government to catch up. The New York Department of Financial…

Why Congress’s AI Plan Was Doomed From the Start

vanityfair.com After close to a year of study, Majority Leader Chuck Schumer and a bipartisan group of senators on Wednesday released their “roadmap” to regulating artificial…

Wall Street Favorites: 3 Cannabis Stocks with Strong Buy Ratings for May 2024

investorplace.com Here are just a few of the top cannabis stocks that could see higher highs Cannabis stocks to buy could see higher highs. For one, more Americans (about 88%) want to see…

DC just got serious about taking on China in the AI arms race

aol.com None A bipartisan Senate group is calling for $32 billion in annual federal AI spending. • None The group wants to ensure the US stays ahead of China — which is also…

Senate's AI roadmap released

reason.com The new U.S. Senate AI roadmap is full of aspirations and empty of much actual content. Basically, the Driving U.S. Innovation in Artificial Intelligence report is a wish…

US senators' AI roadmap aims for $32b in R&D spending

theregister.com A quartet of US senators have released an AI legislation roadmap that calls for billions of dollars in research funding, but largely kicks the can down the road on…

Senate study proposes ‘at least’ $32B yearly for AI programs

techcrunch.com A long-running working group in the Senate has issued its policy recommendation for federal funding for AI: $32 billion yearly, covering everything from infrastructure to…

AI Regulation: Senators Unveil AI Plan, Open AI CEO Wants International Agency

pymnts.com 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…

Senators urge $32 billion in emergency spending on AI after finishing yearlong review

pbs.org A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop…

Senate AI roadmap's piecemeal legislation is ideal, says former FTC tech chief

theregister.com interview The AI legislation roadmap published this week by a bipartisan group of US senators hasn't pleased everyone, but the Federal Trade Commission's former chief…

Antony Blinken's guitar diplomacy draws criticism in Ukraine

nbcnews.com During a surprise visit to Kyiv, Secretary of State Antony Blinken took the stage alongside a local band, 19.99, and play Neil Young’s “Rockin’ in the Free World.” Wearing a…

Senators Put $32 Billion Price on Artificial Intelligence Policy Suggestions

billboard.com A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop…

Senators Propose $32 Billion in Annual A.I. Spending but Defer Regulation

nytimes.com A bipartisan group of senators released a long-awaited legislative plan for artificial intelligence on Wednesday, calling for billions in funding to propel American…

Senate AI Group Recommends $32 Billion in Spending

pymnts.com 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…

Chuck Schumer and bipartisan group of senators unveil plan to control AI

aol.com Federal legislation to govern artificial intelligence took another step closer to reality on Wednesday as Senate Majority Leader Chuck Schumer, along with a bipartisan trio…

U.S. senators urge $32-billion in emergency spending on AI after finishing year-long review

theglobeandmail.com A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32-billion over the next three years to develop…

Faraday Future Basking In The Glory Of GameStops, AMC? Here's What EV Maker's 100% Jump In Pre-Market Indicates

benzinga.com Palantir-backed Faraday Future Intelligent Electric Inc. FFIE might be seeing some rays of hope as the struggling EV maker registered over 100% jump on Wednesday’s…

Chuck Schumer-led group calls for $32 billion emergency spending on AI over next three years

fortune.com A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop…

US energy panel approves rule to expand transmission of renewable power

abcnews.go.com Federal energy regulators have approved a rule to expand the amount of renewable energy such as wind and solar power that is transmitted to the electric grid WASHINGTON --…

One of the wealthiest members of Congress spent over $60 million just to lose Maryland's messy Democratic Senate primary

aol.com None Angela Alsobrooks is projected to be the winner of Maryland's Democratic Senate primary. • None Alsobrooks will now face former Republican Gov. Larry Hogan in the…

Pete Buttigieg Left 'Speechless' After Airlines Sue Biden Administration Over New Fees Regulations

benzinga.com Major airlines have initiated a lawsuit against a new rule that mandates them to disclose additional fees upfront. This action has elicited a strong reaction from…

Former President Jimmy Carter's Is 'Coming To The End,' Says Grandson

benzinga.com Former U.S. President Jimmy Carter‘s health is deteriorating, as revealed by his grandson, Jason Carter. What Happened: Jason Carter provided an update on his grandfather’s…

Biden’s China tariffs could undercut Democrats’ promised electricity grid revamp

semafor.com Semafor Signals Supported by E&E News, The Economist, The New York Times The News On Tuesday, President Joe Biden announced a hike in trade tariffs for $18 billion worth of…

Merger Mayhem: FTC’s Oil Sector Crackdown Puts These 3 Pending Deals at Risk

investorplace.com Oil industry consolidation is underway but the FTC wants to interfere with the deals ExxonMobil (NYSE: ) recently completed its $60 billion acquisition of Pioneer Natural…

Chuck Schumer and Joe Biden pile pressure on Binyamin Netanyahu

economist.com CHUCK SCHUMER, the majority leader of the US Senate and America’s highest-ranking Jewish official, is fond of noting that his surname derives from the Hebrew word shomer, or…

Democrat slams party for promoting Hamas view to 'kill Jews'

newsweek.com Democratic representative Steny Hoyer criticized some members of his party on Monday for what he says is reflecting the views of Hamas, which is to "kill jews." Democrats…

New York Travel Disruptions Loom As Air Traffic Controllers Balk at Move

nytimes.com By late July, 17 air traffic controllers will be expected to trade in their headsets, walk out of their aging workplace on Long Island and report to a new office in…

Feds approve electricity reforms expected to bolster renewable power

thehill.com The federal government on Monday approved a rule that could bolster renewable energy on the electric grid. The rule, from an independent panel known as the Federal Energy…

US Oil Industry Faces Wave of Antitrust Trouble

thedailyupside.com There’s oil in them thar shale fields. And maybe some price-fixing and collusion, too. Following increased scrutiny from antitrust regulators, US shale producers are on the…

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