Washington, Oct. 1 -- Rep. Pramila Jayapal issued the following press release:
SEATTLE, W.A. - U.S. Representative Pramila Jayapal (WA-07) is introducing a new policy framework that reins in artificial intelligence (AI) by requiring every AI company to hold a federal charter to do business in the U.S. The AI charter is modeled after existing regulatory frameworks, combining the round-the-clock federal oversight, strict safety mandates, and structural separation built into national bank charters with the rigorous pre-release federal testing required for nuclear materials and dangerous weapons. The charter would ensure that the public's interests come first and that the government has broad authority to hold AI companies accountable before t...