Senators Tim Scott and Bill Hagerty, who managed to push the crypto GENIUS Act into law, introduced the bill to give the government powers to defend U.S. AI. Two Republicans — the chairman of the Senate Banking Committee and the author of the GENIUS Act for stablecoins — joined to introduce a new bill meant to reduce foreign threats to U.S. AI technology. The bill would give the U.S. Commerce Department more authorities to protect the domestic industry. The U.S. Commerce Department would have m…
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