H.Res. 1642
Opposes bailouts for artificial intelligence firms
States the House's view that Congress should refuse extra funds or special regulatory help to artificial intelligence and financial firms that become insolvent, and should aid affected Americans instead.
- Says insolvent artificial intelligence firms should go through ordinary bankruptcy
- Opposes emergency lending, capital infusions or debt guarantees to rescue such firms
- Backs job creation, unemployment insurance, housing and nutrition aid for harmed workers
- Urges penalties and recovery of executives' gains from excessive risk taking
In committee