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House Democrats created a new AI commission to shape national policy as tech giants ramp up lobbying and political spending. The group will work with industry and committees to build expertise while resisting efforts to block state-level AI regulations.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:03House Democrats formed a new commission focused on artificial intelligence to establish themselves as leaders on AI policy
00:08as major tech companies increase lobbying in Washington, according to CNBC.
00:14The House Democratic Commission on AI and the Innovation Economy will begin meeting this month
00:19and work with companies, stakeholders, and committees to build policy expertise.
00:24AI companies are increasing their presence in Washington by lobbying, opening offices near the Capitol,
00:30and backing a super PAC with at least $100 million for the 2026 midterms.
00:35OpenAI, Andreessen Horowitz, and Google are lobbying to block state-level AI regulations,
00:42a move Democrats have largely opposed.
00:44House Minority Leader Hakeem Jeffries said Democrats are prepared to engage on AI issues
00:49to support the health, safety, and economic well-being of Americans.
00:53For all things money, visit Benzinga.com.
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