Tech

A bipartisan bill would create a council of expert advisers who would have a year to report back to lawmakers with strategic recommendations.

Industry representatives dispute the bill’s premise and argue it would undermine popular services and skew competition in favor of domestic and foreign platforms not subject to the same rules.

The plan spells out five broad goals—starting with ensuring the United States remains a leader in nanotech R&D.

OSTP plans to develop the new bill of rights with agency partners, the private sector, academia, and public input. Meanwhile, a House Task Force on AI held a hearing on ethical concerns in financial services and housing.

A chorus of witnesses in a Senate Commerce Committee that businesses and consumers need lawmakers to set clear federal rules to deter breaches.

In the digital age, “break glass in case of emergency” may signal a need to “send in the computer experts.” The NSCS’s volunteer subject-matter experts would resemble the Civil Reserve Air Fleet and the Merchant Marines.

Regulatory sandboxes provide opportunities for fintech organizations to test innovative products and services in a time-bound, regulated environment.