PYMNTS.com July 1, 2025
The Senate has overwhelmingly rejected a proposed 10-year moratorium on state-level artificial intelligence (AI) regulations.
As the Financial Times (FT) reported, the senators voted 99-1 in the early hours of Tuesday (July 1) for an amendment that removed wording about the ban from President Donald Trump’s tax/spending bill.
The vote, as the FT notes, is a defeat for Big Tech companies, who said the ban would help prevent inconsistent, state-by-state rules that could hinder innovation.
“We want to be the leaders in AI and quantum and all these new technologies,” Sen. Majority Leader John Thune (R-S.D.) said last week. “And the way to do that is not to come in with a heavy hand of government; it’s to come in...
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