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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