politics

OpenAI Pitches Its Usefulness to Trump Amid Musk Rivalry
OpenAI Pitches Its Usefulness to Trump Amid Musk Rivalry
December 15, 2024  |  artificial intelligence

There’s a new variable in the Sam Altman/Elon Musk rivalry: President-elect Donald Trump. As the Financial Times (FT) reported Sunday (Dec. 15), executives at Altman’s...

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Lawmakers Tell Apple and Google to Prepare for TikTok Ban
Lawmakers Tell Apple and Google to Prepare for TikTok Ban
December 13, 2024  |  Mobile Applications

The Republican and Democratic leaders of a House select committee said Friday (Dec. 13) that TikTok should sell its app and that Apple and Google should be ready...

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French Hill to Chair House Finance Committee; Promises ‘Common-Sense Economic Policies’
French Hill to Chair House Finance Committee; Promises ‘Common-Sense Economic Policies’
December 12, 2024  |  Politics

U.S. Rep. French Hill, R-Ark., is set to become the next chairman of the House Financial Services Committee (HFSC) after being elected by the House...

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States Lead AI Regulation Push as US Policy Interests Shift With New Administration
States Lead AI Regulation Push as US Policy Interests Shift With New Administration
December 11, 2024  |  artificial intelligence

Nearly 700 AI bills surfaced in state legislatures in 2024, addressing issues from safety standards to deepfake controls. Colorado passed comprehensive legislation, while California vetoed...

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Bitcoin Crosses $100K Threshold on News of Trump’s SEC Pick
Bitcoin Crosses $100K Threshold on News of Trump’s SEC Pick
December 05, 2024  |  Cryptocurrency

Bitcoin’s price has exceeded $100,000 for the first time, a milestone for the digital currency. The world’s most popular cryptocurrency was at a little over...

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House Committee Leaders Want Study of AI’s Impact on Financial Services
House Committee Leaders Want Study of AI’s Impact on Financial Services
December 02, 2024  |  artificial intelligence

The House Financial Services Committee (HFSC) aims to play a role in the development of artificial intelligence (AI) as the technology impacts the financial services and...

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JPMorgan CEO Dimon Serves as ‘Sounding Board’ for Trump
JPMorgan CEO Dimon Serves as ‘Sounding Board’ for Trump
December 01, 2024  |  Politics

Though uninterested in joining the White House, Jamie Dimon has reportedly been advising the president-elect. The JPMorgan Chase CEO has been in communications with Donald...

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Regulators Tell House Committee They’ll Pause New Banking Rules
Regulators Tell House Committee They’ll Pause New Banking Rules
November 20, 2024  |  Bank Regulation

There’ll be a moratorium on new banking rules — at least for a bit. A trio of the top financial services industry regulators told the...

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Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025
Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025
November 19, 2024  |  Business

Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more...

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