U.S. House weighs two crypto tax bills on Sept. 16
House tax writers may review two crypto bills Sept. 16 covering mining income deferral, wash sales, constructive sales and stablecoins.
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House Ways and Means Committee Republicans consider dropping crypto tax provisions
Potential changes to crypto tax laws could significantly impact the digital asset market, influencing investment strategies and regulatory dynamics.
CryptoBriefing•Editorial Team13 Sept
Trump and Mike Johnson think the AI industry is overreacting
Yesterday, Anthropic CEO Dario Amodei published a lengthy open letter saying it was time to "pace the frontier" and slow down AI development. OpenAI's Sam Altman and Elon Musk both agreed, publicly voicing their support on X. Even Alphabet's Demis Hassabis offered tentative support for Amodei's proposal. Donald Trump and House Speaker Mike Johnson, however, […]
The Verge•Terrence O’Brien13 Sept
After Trump says he doesn’t need Congress for his $5,000 ‘dividend,’ House Speaker Mike Johnson says not so fast but vows to try to make it happen
“I would assume, yes, he'd need Congress to act, and that's a creative idea,” he said.
Jeffries does not rule out pursuing Trump impeachment if Democrats win House
House Minority Leader Hakeem Jeffries (D-N.Y.) said Sunday he has not ruled out pursuing the impeachment of President Trump if Democrats take back the House in November. “No, we haven’t ruled anything in and we haven’t ruled anything out in terms of impeachment,” Jeffries told George Stephanopoulos on ABC’s “This Week,” when the host asked…
The Hill•Max Rego13 Sept
Washington scrambles to meet calls for AI guardrails while the window to act closes
The House is scheduled to be sent home in the coming days until after November's midterm elections, leaving a narrow window to pass any form of AI regulation.
Obama pushes Jeffries to move AI oversight to center of agenda: Report
Former President Obama reportedly urged House Democratic Leader Hakeem Jeffries (N.Y.) to make AI oversight a central tenet of his caucus’s agenda earlier this week. Obama told Jeffries at a Thursday fundraiser that Democratic lawmakers should develop a framework for a “public conversation” on the technology if they take back the House, The New York…
The Hill•Max Rego13 Sept
Top Lawmakers Agree A.I.’s Risks Are Rising but Say They Have No Quick Fix
House Speaker Mike Johnson warned on Sunday of competitive risks from China, and Hakeem Jeffries, the minority leader, said Congress should start regulatory talks this week.
The New York Times•Michael Gold and Tony Romm13 Sept
Jeffries says Congress should ‘act urgently’ on AI safeguards
House Democratic Leader Hakeem Jeffries (N.Y.) said Sunday he supports immediate congressional action on regulating the development of AI. “We certainly need to begin to act urgently to address the challenges that exist,” Jeffries told host George Stephanopoulos on ABC’s “This Week.” Jeffries noted “action” on AI will be a “high priority” during his caucus’s…
The Hill•Max Rego13 Sept
Johnson on AI regulation: ‘We don’t need everybody to panic right now’
House Speaker Mike Johnson (R-La.) on Sunday expressed restraint around the idea of artificial intelligence (AI) regulation in the wake of tech leaders pushing for a slowdown in the development. “If Congress just races in and does some sort of emergency session to try to regulate AI, we will lose the race to China, and…
The Hill•Tara Suter13 Sept
House Democratic Leader Jeffries calls on lawmakers to 'act urgently' on AI
On "This Week," the House Democratic Leader Jeffries said lawmakers need to "act urgently" to address artificial intelligence.
ABC News13 Sept
Speaker Mike Johnson Calls for A.I. Safety Laws as Experts Warn of 'End of Humanity'
House Speaker Mike Johnson says America's top A.I. executives need to sit down with Congress and hash out safety rules -- as warnings about artificial intelligence potentially threatening humanity grow louder. Johnson made the comments to CNN's…
TMZ•TMZ Staff13 Sept
House Speaker Mike Johnson calls for meeting with AI leaders before legislation
Johnson's cautious approach to AI legislation may delay immediate safeguards but could lead to more comprehensive, industry-informed policies.
CryptoBriefing•Editorial Team13 Sept
Live updates: Lawmakers set to return from recess; Trump attends golf tournament in Ireland
House and Senate lawmakers will return to Washington this week with a packed agenda before much of their focus shifts to the fast-approaching midterm elections. The Senate is expected to continue talks over the budget resolution and hold a procedural vote on the cryptocurrency regulation bill, among other priorities. The House, meanwhile, will reportedly consider…
The Hill•The Hill Staff13 Sept
Everyone Wants to Be the House — Week in Review
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. From last Friday, bitcoin has moved lower, around […]
Bitcoin.com News•David Sencil13 Sept
Redistricting rulings injects chaos, uncertainty into Missouri House races
Missouri election officials and candidates are bracing for chaos in November amid concerns the state’s redistricting saga could spark widespread confusion for voters at the ballot box. The Supreme Court paved the way for the state to use its old map that favored the GOP six seats to two, instead of the newer 7-1 House…
The Hill•Jared Gans12 Sept
Film producer Jeremy Thomas was a cross between a kindly Cambridge don and the movie world’s cool uncle
The man behind The Last Emperor had the confidence of an old-fashioned studio boss along with the soul of a cineaste To say that movie producer Jeremy Thomas was British cinema royalty did not quite do justice to his meritocratic, democratic instincts. A brilliant and inexhaustibly creative man, self-effacingly charming and quietly spoken in a world of loudmouths and show-offs, and hypervigilant for new talent, was more like a cross between an entrepreneur, an enigmatically clever and kindly Cambridge don and the movie world’s favourite cool uncle, or maybe cool great-uncle. Respectively son and nephew of directors Ralph Thomas and Gerald Thomas (of Doctor in the House and Carry On fame), he was born into the industry and as an independent producer combined the confidence of an old-fashioned studio boss with the soul of a cineaste, backing his own instincts and passions, befriending film-makers and doggedly pursuing projects over years. Continue reading...
The Guardian•Peter Bradshaw12 Sept
New bill would restrict SNAP benefits in 9 states. Here’s what could be cut
A new law introduced in the House this month would add more restrictions to what types of food SNAP recipients can buy with their monthly benefits.
The Hill•Alix Martichoux12 Sept
‘Beef’ Creator Lee Sung Jin Pitched Charles Melton on the Show Over Dinner: ‘By the Third Appetizer He Said Yes’
Gold House celebrated its third annual One House Toast to the Emmys, honoring the achievements of Asian Pacific and multicultural creatives in entertainment. The man of the hour was “Beef” showrunner Lee Sung Jin, whose genre-bending Netflix anthology earned 16 nominations for its second season — the most of any limited or anthology series this year. […]
Variety•Jazztangcay11 Sept
US Senate’s Russia sanctions bill heads to House vote next week
The bill's passage could strain US relations with major economies, impact global energy markets, and alter geopolitical alliances.
CryptoBriefing•Editorial Team11 Sept