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Congressional Black Caucus backs AI regulation with nearly unanimous support for guardrails bill

Market News
20 Sep 2026, 16:17 WIB
CNBC
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Neutral
Congressional Black Caucus backs AI regulation with nearly unanimous support for guardrails bill

The Congressional Black Caucus (CBC) is strongly supporting legislation to regulate artificial intelligence, with nearly all of its 62 members ready to vote in favor of AI guardrails to ensure transparency and safety. CBC leaders emphasize the need to protect communities from AI risks without compromising innovation, rejecting competition with China as a legislative factor. The caucus's stance comes amid growing concerns about AI model misuse and the economic impact of data centers powering AI technology. As Democrats aim to regain House control, the CBC's influence on AI policy and minority representation amid redistricting challenges is expected to grow.

The Congressional Black Caucus week in Washington on AI and data center concerns provides context for technology sector activity on Pluang. For readers following US tech stocks, here is Pluang's market snapshot as of Sep 20, 2026 18:21 WIB: Out of 150 stocks, 50 rose and 99 fell. Applied Digital Corporation (APLD) gained 6.60% with a 97% sell order activity, contrasting with Applied Materials, Inc. (AMAT) which rose 6.51% and saw a majority 55% buy order activity. Meanwhile, Five9 Inc (FIVN) dropped 5.88% despite 100% buy order activity, showing varied investor behavior across these tech names.

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