Democrats Plan AI Legislation Push After Congressional Wins

Democrats are preparing a wave of AI legislation after winning majorities in the House and Senate, targeting frontier model labs and data centers. The move follows the tech industry's alignment with Trump's administration. Proposed rules include protecting residents from data center-driven energy price hikes and defining product liability laws for AI labs. The news triggered the largest single-day loss in Nasdaq history as AI-chip stocks sold off. Representative Zoe Lofgren, seeking to chair the House Science Committee, said the party wants "responsible regulations for AI while also fostering innovation." Balancing regulation with competition against China's tech sector remains a challenge.