US Congress

Economists agree with Mike Pence’s proposal to scrap the Fed’s employment mandate

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Washington, D.C CNN — The Federal Reserve has two goals: to keep inflation under control and to maximize employment. Mike Pence, who served as Donald Trump’s vice president and is fighting for leadership of the White House, is campaigning for the Fed’s employment mandate to be scrapped. Some economists say it wouldn’t be a bad … Read more

Schumer outlines a plan for how the Senate will regulate AI

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CNN — Senate Majority Leader Chuck Schumer on Wednesday announced a comprehensive, open-ended plan to regulate artificial intelligence, describing AI as an unprecedented challenge for Congress that will essentially force policymakers to “start from scratch.” The plan, Schumer said in a Washington speech, will begin with at least nine panels to identify and discuss the … Read more