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Insights: Policy
Tech / Media / Telecom
AI Regulation
Republican activity on AI regulation is moving to a more advanced stage. This week, Sen. Blackburn (R-TN) has introduced the TRUMP AMERICA AI Act, which would preempt state-level laws and impose a variety of federal regulations on industry. And today, the White House released its National Policy Framework for AI, which similarly envisions...
Infrastructure
Highway Funding
Authorization for federal surface transportation programs (i.e., highway, transit, other spending), expires on 9/30. Various key players in Congress are formulating reauthorization legislation, generally known as a “highway bill.” House Transportation and Infrastructure (T&I) Committee Chair Graves (R-MO) said this week that he is planning a...
Macro
Iran War Funding
The Pentagon is considering asking Congress for $200b to fund the Iran war, though it has not specified its request and War Secretary Hegseth has said the number could change. Democrats appear very reluctant to providing funding of that magnitude at the moment, so there is some consideration among Republicans of using the “reconciliation” process...
Macro
Iran War (Domestic Political Dynamic)
Despite the rise in energy prices as a result of the Iran war, the growing number of U.S. casualties, and the proliferation of the conflict to the broader Gulf region, support for President Trump’s actions has not deteriorated among voters who supported him in 2024, nor among Congressional Republicans. Meanwhile, Democrats remain highly critical...
Healthcare
Reconciliation
At their recent annual planning retreat, House Republican leaders—including Speaker Johnson (R-LA) and House Budget Chair Arrington (R-TX)—signaled their intent to pursue another partisan reconciliation bill before the midterm elections. As a reminder, reconciliation is a legislative process that allows tax and spending bills to pass with a...
Financials
Prediction Markets
Tension between the CFTC and states regarding the regulation of prediction markets continues to escalate. States claim that sports-style “event contracts” look like sports betting in substance, so they should be subject to state gaming law (licensing, age restrictions, consumer protections, etc.). Prediction market platforms argue that these are...
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