Insights: Tech / Media / Telecom

Tech / Media / Telecom

AI/Semiconductor Export Controls

Nvidia claimed the administration will grant it export licenses to sell its H20 AI chips to China following a meeting between Nvidia CEO Huang and President Trump. Commerce Secretary Lutnick confirmed that removing this restriction was part of the deal reached with China, in which they agreed to lift restrictions on export of rare earth minerals.

Financials, Healthcare, Macro, Tech / Media / Telecom

Reconciliation and Recissions

Speaker Johnson (R-LA), House Budget Committee Chair Arrington (R-TX), and Senate Finance Committee Chair Crapo (R-ID) have all confirmed their intent to enact another two reconciliation bills prior to the next election, with the first coming this fall. As I previously noted, Speaker Johnson, Rep. Roy (R-TX), and Sen. Johnson (R-WI) had already...

Tech / Media / Telecom

Children’s Data Privacy/Online Safety

On a bipartisan voice vote, the Senate Commerce Committee passed the Children & Teens’ Online Privacy Protection Act (S. 836, also known as COPPA 2.0). The bill now moves to the full Senate for a vote.

Tech / Media / Telecom

Artificial Intelligence (AI) Moratorium

The Senate voted 99-1 to remove language from the Republicans’ reconciliation bill that would impose a moratorium on the enforcement of state-level laws and regulations relating to AI. House Energy and Commerce Committee Chair Guthrie (R-KY) said he plans to continue to pursue this issue.

Energy, Financials, Healthcare, Macro, Tech / Media / Telecom

Senate Republicans yesterday overcame the first procedural hurdle in passing the reconciliation bill and are planning for a Monday vote on final passage, though numerous of them continue to have reservations. House Majority Leader Scalise (R-LA) has indicated a House vote on the bill could take place by Tuesday or Wednesday, though a significant...

Tech / Media / Telecom

Rural Broadband (BEAD)

Last Friday, the Commerce Department/NTIA announced a new process for determining how the $42.5b in funding from the BEAD rural broadband program will be distributed. The new rubric for distributing funds eliminates the Biden administration’s emphasis on fiber, as well as various other requirements (e.g., labor, availability of a low-cost plan,...