The secretary told Sen. Mark Warner that the executive order “strikes a very good balance between innovation and safety,” and disputed that the EO was scaled back…

In his Senate confirmation hearing, Kevin Warsh said the Federal Reserve should be forward-looking and reform-oriented when it comes to AI models like Anthropic’s Mythos.

Jerome Powell told lawmakers that the technology’s impact on the economy is “probably not great” now, but it has the “potential to make really dramatic changes.”