Richard Blumenthal News

18.09 / 07:41

regulation Senate Taxes Senators 9 US senators publicly back Elizabeth Warren’s crypto bill

Nine United States Senators have added their support to Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, according to a statement from Warren’s office.

13.09 / 17:17

CEO show country gay Deal Golf-US Senate issues subpoena to PIF subsidiary regarding PGA Tour deal

(Reuters) — The U.S. Senate has issued a subpoena to the Saudi Arabian Public Investment Fund's (PIF) U.S. subsidiary over its planned partnership with the PGA Tour, it said on Wednesday.

11.09 / 21:41

regulation Senate Senators How senators plan on regulating AI: Law Decoded, Sept. 4–11

Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal action.

09.09 / 08:31

Technology Law regulation Congress Senators Senators unveil bipartisan blueprint for comprehensive AI regulation

Two senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation on Friday, Sep. 8, as Congress intensifies its endeavors to regulate this emerging technology.

07.08 / 20:37

regulation IRS FTX Taxes creditors NOT FTX has a plan, but creditors are not impressed: Law Decoded

FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body representing FTX customers said it is “extremely disappointed” by the plan.

04.08 / 18:21

Blockchain Digital Caseys Warren and Sanders Urge IRS and Treasury to Enforce Rules Against Crypto Tax Evaders

Almost two years after Biden’s infrastructure bill became law, two high-profile Democrat senators are keen on ensuring that crypto reporting requirements within the bill are properly enforced.

03.08 / 05:49

Law regulation IRS Taxes Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’

A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”

26.07 / 04:43

Google Platform Remark Actor Senators US senators express bipartisan alarm about AI, focusing on biological attack

AI being used to create a biological attack. In a hearing before a subcommittee of the Senate Judiciary Committee, Dario Amodei, chief executive of the AI company Anthropic, said that AI could help otherwise unskilled malevolent actors develop biological weapons. «Certain steps in bioweapons production involve knowledge that can't be found on Google or in textbooks and requires a high level of expertise,» said Amodei, whose company worked with biosecurity experts on a study of biological risks arising from AI.

19.07 / 03:23

MET Google CEO hearing Anthropic CEO to testify at US Senate hearing on AI regulation

Anthropic's CEO Dario Amodei will testify on July 25 at a U.S. Senate hearing on artificial intelligence as lawmakers consider potential regulations for the fast-growing technology, the Senate panel scheduling the hearing said on Tuesday.

12.07 / 15:59

UPS FIVE BLOCK Reuters CEO US Senate panel rips into Saudi involvement in PGA Tour-LIV Golf tie-up

By Diane Bartz and Frank Pingue

12.07 / 13:03

Facebook COST Target BLOCK Software lawmakers 3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say

Some congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years

12.07 / 00:15

BLOCK Reuters CEO Racing Deal ‘No longer required’: Greg Norman sacked in LIV golf deal

Washington | Saudi Arabia’s sovereign wealth fund has agreed to invest more than $US1 billion ($1.5 billion) in a new commercial entity controlled by the PGA Tour, and Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalised, a tour executive told US Congress on Tuesday (Wednesday AEST).

11.07 / 00:49

Fighting Remark AT&T Deal Senators Senators Ready to Grill the PGA Tour About Its Saudi Deal

When the PGA Tour viewed the Saudi-backed LIV Golf league as an existential threat, it counted politicians among its most prominent allies. A Senate hearing on Tuesday will be a public gauge of how dramatically and quickly that support transformed into antagonism. Tour officials will appear before the Senate’s Permanent Subcommittee on Investigations for a first hearing on the agreement between the Tour and Saudi Arabia’s sovereign-wealth fund—a pact between bitter enemies that shocked the golf world and quickly drew the ire of Capitol Hill.

04.07 / 11:49

Provident CEO Pool hearing PGA Tour is sending 2 executives to a Senate hearing as LIV cites conflicts

The PGA Tour is sending two leading figures to next week's Senate panel reviewing its surprise business agreement with the Saudi backers of LIV Golf

03.07 / 16:07

CEO Fighting Backed Two PGA tour officials to testify to US Senate panel about merger with Saudi-backed LIV

WASHINGTON (Reuters) -Two PGA Tour officials have agreed to testify before a U.S. Senate panel next week about the tour's merger with Saudi-backed LIV Golf, but LIV officials declined to appear, lawmakers said on Monday.

16.06 / 03:07

business regulation us government Senate Machine Learning AI companies Senators US senators propose bill to eliminate section 230 protection for AI companies

U.S. Senators Josh Hawley, a republican from Missouri, and Richard Blumenthal, a democrat from Connecticut, introduced a senate bill on June 14 that would eliminate special protections afforded to online computer services providers under the Communications Decency Act of 1996.

07.06 / 05:39

business Government Adoption Senate Senators Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model

Two United States senators have questioned Meta chief executive Mark Zuckerberg over the tech giant’s “leaked” artificial intelligence model LLaMA which they claim is potentially “dangerous” and could be used for “criminal tasks.”

06.03 / 21:25

regulation SEC Congress Senate Meta Ceo American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6

American lawmakers and regulators continue to compete in their creative efforts to propose anything but comprehensive game rules for the crypto industry.

03.03 / 01:43

regulation Metaverse Congress Meta Meta Ceo lawmaker NOT US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers

Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to access the firm’s metaverse platform, Horizon Worlds.

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