Founder: Zero One Strategies. Bipartisan US govt relations in emerging tech, crypto, blockchain, AI, data, risk, tax. Writer, speaker. Former @ustreasury, Hill.
Washington’s AI agenda this week is dominated by a collision between views on data centers. On Capitol Hill, the House Energy and Commerce Committee will mark up legislation on data center energy costs. Fed Chair Kevin Warsh provided testimony on AI-driven data center investment now powering measurable GDP growth. Meanwhile, the House Education and Workforce Committee continues its cross-country series on AI workforce readiness.
3/ The White House launched a federal cybersecurity clearinghouse to leverage AI in coordinating cyber threat and remediation information across the Federal government and private sector.
Driving the week in crypto federal policy, the CLARITY Act’s path to the finish line got more complicated, even as negotiators keep pushing to resolve remaining issues. Staff on the Senate Agriculture and Banking Committees continue working to reconcile their separate drafts into a single bill and members grapple with concerns from some law enforcement groups about illicit finance risks tied to crypto developer protections.
4/ All of this unfolds against a symbolic backdrop: this week marks the one-year anniversary of the GENIUS Act’s enactment, a reminder of how far digital asset policy has come and how much is still unresolved as Congress tries to build on that foundation.
Tomorrow I'm moderating a panel on the future of digital asset regulation and the policies shaping innovation in the US. If you're a founder, investor, policymaker, or simply interested in the future of AI and digital assets, join us at the Web3DC Digital Assets & AI Town Hall! https://t.co/GA4qNinJDp
Excited to be hosting the Injective Summit in Washington, D.C. this Thursday.
I’ll be moderating a discussion with leaders from Invesco, Grayscale, and Pantera Capital on what Wall Street is most excited about as institutional adoption of digital assets accelerates.
We’ll also hear from members of Congress on why U.S. leadership in digital assets and financial innovation matters.
Looking forward to some great conversations.
See you in D.C. 🇺🇸
This week in AI federal policy, the House holds hearings on AI's role in small business, U.S.-China economic competition, and export controls, while a wave of new legislation focuses on impacts to national security, consumer protection, and workforce development. Bills related to AI in financial services, education, and tax passed out of their respective committees. Looking ahead, House Financial Services Committee Ranking Member Maxine Waters (D-CA) launched a formal Request for Information (RFI) seeking public input on the use of AI in financial services.
2/ On the regulatory side, the FTC opened a comment period on AI systems potentially manipulating consumer behavior and Commerce's decision to ease chip export controls for the UAE drew sharp criticism.
Plus, this week, the Federal Reserve convenes a conference on AI and financial inclusion.
Driving the week in crypto federal policy, President Trump’s financial disclosures revealed he earned $1.4 billion from cryptocurrency ventures in 2025, further complicating Senate negotiations over ethics provisions in the CLARITY Act. Limited time remains before the end-of-July target deadline for Senate consideration of the market structure bill.
3/ On the regulatory front, the SEC issued a request for comment on ETFs seeking exposure to innovative asset classes or novel investment strategies, focusing on how to foster innovation in the ETF space while still protecting investors and preserving fair, orderly, and efficient markets. The CFTC proposed revisions to an alternate reporting framework for certain fully collateralized event contracts.
Driving the week ahead, federal action on AI and quantum is accelerating on multiple fronts in Washington. President Trump signed a pair of executive orders staking out American quantum leadership, one to refresh the National Quantum Strategy and launch a national push toward research-grade quantum capabilities, the other to accelerate a government-wide migration to post-quantum cryptography, prompting fresh momentum behind Republican efforts to pass the National Quantum Initiative Reauthorization Act.
In Congress, the House passed the SBA Artificial Intelligence Utilization Act, while the House Science Committee advanced a sweeping bipartisan package of ten bills spanning AI security, education, workforce development, and research. Lawmakers also introduced a wave of new measures tackling AI content labeling and child safety; chatbot harms; deepfakes; workforce displacement; and energy and ratepayer pressures of AI data centers, from NIST energy standards to an outright construction moratorium. The Congressional hearing calendar touches on AI safety, IP, and U.S.-China competition; new financial-data interoperability standards from the banking regulators; a Pentagon post-quantum cryptography strategy.
Read more in today's DC/ai Decoded 👇