Tag

Federal Regulation

All articles tagged with #federal regulation

Trump Launches 'Super Intelligence Force' Led by National Intelligence Chief
politics5 days ago

Trump Launches 'Super Intelligence Force' Led by National Intelligence Chief

President Donald Trump has officially established a new federal task force, dubbed the 'Super Intelligence Force,' to oversee artificial intelligence development. The group is led by Director of National Intelligence Jay Clayton and includes senior officials from the FTC, Defense Department, and Office of Personnel Management. The task force will report directly to the White House and aims to coordinate government engagement with AI companies, infrastructure providers, and public interest groups. Trump stated the initiative is designed to ensure US global leadership in AI while protecting American interests, despite ongoing public concerns about safety and regulatory gaps.

Insiders claim OpenAI, Anthropic overstated AI breaches to push federal rules
technology20 days ago

Insiders claim OpenAI, Anthropic overstated AI breaches to push federal rules

Tech insiders say OpenAI and Anthropic exaggerated breaches (including a Hugging Face hack and model ‘escapes’) to pressure regulators, arguing the incidents were minor and not indicative of rogue AI. The hype has fueled calls for government oversight, but some industry voices warn it could hamper competition even as they concede real safety gaps remain.

Budd Pushes Amendment to Lock in November Hemp Ban
politics2 months ago

Budd Pushes Amendment to Lock in November Hemp Ban

Sen. Ted Budd (R-NC) says he will file an amendment to the current continuing resolution to strip out a provision that delays the November recriminalization of hemp-derived products, effectively aiming to keep the hemp ban on track; the CR (H.R. 6500) would delay the ban to December 11 with a carve-out for certain synthetics, while lawmakers from both parties push competing bills to regulate rather than prohibit hemp products and industry groups advocate for a regulatory framework.

Federal THC-cap shakes up Florida hemp beverage market
business2 months ago

Federal THC-cap shakes up Florida hemp beverage market

A new federal rule taking effect Nov. 12 caps total THC per container at 0.4 mg, banning many hemp-derived drinks and edibles and potentially forcing layoffs and store closures in Florida. Supporters argue the cap helps prevent intoxicating products from reaching children, while retailers warn it could wipe out most inventory and threaten livelihoods; lawmakers have introduced bills to delay or overturn the rule, with the industry seeking ways to cope as November approaches.

Texas weighs tightening prediction-market rules as federal oversight looms
politics5 months ago

Texas weighs tightening prediction-market rules as federal oversight looms

Texas Lt. Gov. Dan Patrick directed lawmakers to explore closing so-called gambling loopholes that allow online prediction markets (Kalshi, Polymarket) to operate in Texas, amid fears of manipulation of elections and sports outcomes. However, any state move faces federal resistance since the CFTC claims exclusive authority and has sued states attempting to regulate these markets. The story details a growing clash between state efforts and federal preemption, with Kalshi enforcing penalties on candidates who bet on their own races and opponents warning of gambling harms, while supporters push for robust federal regulation and consumer protections. Texas has been slow to act, and Patrick’s push for 2027 recommendations leaves the issue in limbo as courts and Congress weigh tighter controls over prediction markets. Meanwhile, traditional sportsbooks like DraftKings and FanDuel have rolled out related prediction-market features in Texas, underscoring a broader national debate over governance and oversight.

politics6 months ago

Judge restricts RFK Jr.'s remarks on minors' gender care

An Oregon federal judge ruled that Health and Human Services Secretary Robert F. Kennedy Jr. overstepped his authority by publicly denouncing gender-affirming care for minors and criticizing providers, in a suit brought by 18 states. The court found he violated standard rulemaking procedures by releasing a December 2025 declaration and issued a ruling that preserves clinics’ funding prospects as the case continues.

President Eases Cannabis Regulations, Impacting Industry and Research
politics9 months ago

President Eases Cannabis Regulations, Impacting Industry and Research

President Trump signed an executive order to reclassify cannabis from Schedule I to Schedule III, potentially easing regulations and benefiting Colorado's marijuana industry by allowing tax deductions and recognizing medical legitimacy, though recreational use remains illegal federally. Reactions are mixed, with some officials and industry leaders optimistic about economic and research opportunities, while health experts caution about public health risks and the need for more research. The move marks a significant symbolic step towards broader acceptance of marijuana in the U.S.

Federal Court Halts Corporate Transparency Act, Impacting Small Businesses Nationwide
politics1 year ago

Federal Court Halts Corporate Transparency Act, Impacting Small Businesses Nationwide

Texas secured two legal victories against federal regulations. A federal judge ruled the Corporate Transparency Act unconstitutional, blocking its reporting requirements for small businesses. The act mandated disclosure of personal information to the Treasury, which Texas argued infringed on state authority. Separately, Texas won a case against the U.S. Department of Health and Human Services, which had sought to enforce a rule allowing minors to receive contraceptives without parental consent, violating Texas law. The Biden administration conceded, ensuring Texas health entities comply with state law.

politics1 year ago

Musk's DOGE Strategy: Aiming for Trillions in Budget Cuts

Elon Musk and Vivek Ramaswamy are leading a new initiative called the Department of Government Efficiency (DOGE), which aims to highlight and potentially exploit areas of government spending and regulation for personal and business gain. The initiative, supported by Trump, targets projects like California's high-speed rail and agencies like the FDA and CFPB, aligning with Musk's interests in transportation and Ramaswamy's pharmaceutical ventures. Critics argue that DOGE's efforts could undermine public infrastructure and regulatory oversight, benefiting billionaires and their businesses.