The financial markets are increasingly concerned about true demand for the computing services that are at the heart of the AI revolution. Anthropic, a leading developer of frontier AI models, is expected to go public next week. It will be valued at around $1.4 trillion, which sounds fantastic. The problem? The expected valuation has dropped […]
Advocates for transgender Americans are trying to pick up the pieces and move forward after suffering significant defeats at the ballot box even amid last week's historic blue wave. Arizona, Nebraska, Washington and Colorado all passed measures seeking to bar transgender women and girls from female sports teams, showing troubles for trans rights even...
Nvidia CEO Jensen Huang's relationship with an alleged Chinese spy is putting a microscope on the company's influence on AI chip policy in Washington and throwing new momentum behind a trio of bills aiming to place restrictions on chip sales abroad. Huang's disclosure of his affair with a Chinese businessperson, who U.S. officials concluded was...
Democrats on Capitol Hill are vowing to probe major banks with ties to deceased convicted sex offender Jeffrey Epstein once their new congressional majorities become official in January. Those investigations, Democrats say, will provide insight into whether executives at financial institutions, such as JPMorgan Chase, Deutsche Bank and Bank of America, were aware of or...
House Republicans on Tuesday tapped Rep. Jim Jordan (R-Ohio) to lead their diminished conference in the next Congress, betting that a conservative spitfire — and onetime leadership nemesis — can restore the fight to a party battered by the midterms and scrambling for a path back to power. In brief comments right out of the...
Republicans and Democrats are showing rare unity in their calls for investigations into whether Nvidia CEO Jensen Huang compromised U.S. national security after admitting he had an affair with an alleged Chinese spy. The revelation surfaces a host of concerns that cut across committees related to intelligence, foreign relations and banking and finance, diving deep...
Rep. Madeleine Dean (D-Pa.) said Tuesday she is “considering” challenging Sen. John Fetterman (D-Pa.) in 2028, as more Democrats weigh bids to unseat the incumbent. “I’m going to be considering it,” Dean said in an interview with Politico. “I have been concerned about, really, two things, which is his family and his health … and...
Rep. Melanie Stansbury (D-N.M.) said Tuesday that she and other lawmakers were unable to reach the Capitol in time to vote against a Republican effort to block the impeachment of Defense Secretary Pete Hegseth because of a traffic incident and a police escort. “Like other Members of Congress, Rep. Stansbury was blocked from entering the...
Reporters Without Borders (RSF) is urging the incoming Congress to impeach Federal Communications Commission (FCC) Chair Brendan Carr, accusing him of undermining press freedom by punishing news outlets critical of President Trump and his administration. The organization, which advocates for journalists worldwide, claimed Carr has repeatedly used the FCC’s regulatory authority to pursue politically motivated...
The Senate further advanced a major infrastructure and energy bill Tuesday night, moving it one step closer to the finish line in the upper chamber. The bill — which seeks to speed up the buildout of energy and other projects while curtailing environmental challenges — advanced in a procedural vote 62-21, just one day after...
The Kennedy family has jumped into a legal battle against President Trump’s proposed arch. In a Monday court filing in the United States District Court for the District of Columbia, members of the Kennedy family requested that the court bar the Trump administration “from taking any steps to approve, authorize, or construct the Arch absent...
Sen. Bernie Moreno (R-Ohio) reacted Tuesday to the election loss of his former son-in-law, Rep. Max Miller (R-Ohio), saying he wished the House lawmaker “nothing but, actually, rehabilitation" — an apparent reference to his high-profile domestic abuse allegations. “Look, as you know, that had nothing to do with politics for me,” Moreno told TMZ DC’s...
Rep. Maria Elvira Salazar (R-Fla.) is projected to win reelection to her seat in Florida’s 27th Congressional District despite breaking with President Trump on his immigration agenda during the campaign, according to Decision Desk HQ (DDHQ). She is set to clinch a narrow win over Democrat Eliott Rodriguez, in the south Florida district, notching about...
House Republicans on Tuesday shelved a measure led by outgoing GOP Rep. Thomas Massie (Ky.) that would have led to a vote on impeaching Defense Secretary Pete Hegseth. The vote was 211-204, referring the resolution to committee, a move that essentially ends efforts to impeach Hegseth over the Iran war and other issues until the...
