Chairman Tim Scott Leads a Banking Committee Hearing on AI and the American Dream
U.S. Senate Banking Committee · June 11, 2026
A U.S. Senate Banking Committee hearing examined artificial intelligence risks and opportunities, focusing on export controls for advanced AI chips to China, financial-system exposure from AI investment, workforce disruption, data-center impacts, and consumer fraud. Witnesses included industry and policy experts who urged stronger export enforcement and worker protections.
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