Senate Intelligence Committee Chair Mark Warner, D-Va., has introduced a bill setting down a plan for banning foreign technology such as video-sharing app TikTok.
Warner is working with Sen. John Thune, R-S.D. on the bill, suggesting that it has bipartisan support.
The bill is the latest salvo from lawmakers who argue the social media app represents a danger to U.S. citizens, given its close ties to the Chinese government.
Just last week, the U.S. House Foreign Affairs Committee approved a bill that would grant the president authority to fully ban TikTok. Several state governments, and a handful of universities, have also banned the app's use on their networks.
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell
San Jose’s mayor is using AI tools like ChatGPT to streamline city operations and improve services for its 1 million residents.
Shares of electric vehicle maker Tesla tumbled 7% as the feud between CEO Elon Musk and Trump reignited over the weekend.
Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect.
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.
