Rep. Raja Krishnamoorthi says Congress needs answers from Nvidia CEO Jensen Huang over his reported relationship with a woman suspected of ties to Chinese intelligence, and says lawmakers could consider a subpoena if Huang doesn’t voluntarily appear. The Illinois Democrat also calls for a review of Nvidia’s China export licenses and tougher controls designed to prevent advanced US chips from reaching restricted Chinese entities. He joins Riley Griffin on “Bloomberg Tech.” (Source: Bloomberg)
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The outspoken consumer rights advocate knows the incoming Democrat-heavy Congress has a lot to get done. But he hopes one of those things is letting you fix your own iPhone.
Rep. Josh Gottheimer disclosed new AI-linked stock purchases months after voting for a congressional trading ban, as Democrats prepare to regulate the industry.
Democrat Representative from California Sam Liccardo said that congress has 'issued a lot of press releases' on issues surrounding technology, but haven't managed to push meaningful legislation over the finish line. Liccardo, whose district includes parts of Silicon Valley, said it is critical lawmakers act on AI concerns and that it is time to move forward with 'sensible' regulation. (Source: Bloomberg)
Phil Scott and Jim Atwood struck out on their own in October in an effort to keep their wealth clients’ concentrated portfolios intact.
Citi Head of US Equity Strategy Scott Chronert says the sudden drop in oil prices on Wednesday surprised him. Brent fell almost 9% then rebounded on Thursday. He says that took some pressure off of the inflation backdrop. (Source: Bloomberg)
Tech CEO hearings. Tougher AI and data center guardrails. Investigations of Elon Musk's DOGE cuts. The gates are open for Democrats once they regain control of committee gavels come January after a historic win of majorities in both the House and Senate on Tuesday. "LAWYER UP," the top Democrat on the House Oversight Committee wrote […]
Fairshake, the major industry super PAC, spent $46 million on ads against the Democrat, Sherrod Brown, who won.




