Congress

“Congress is suddenly waking up to the AI doomsday threat.”

“I just don't see it as a realistic, it's just a function of the capacity of the Congress in this Congress, and the fact that it's an election year. So, I just think if I were advising a client on it, other than doing the missionary work and getting people boug…”

“So the US Naval fleet has 296 ships today. There's a congressional mandate, statutory minimum of 355 ships that was set by Congress in 2018. That was eight years ago. Last year, we built nine ships, but we retired 19 naval vessels.”

“Michael Eisner was testifying against without knowing what the term actually meant. So it was upsetting to Steve.”

“Congress that appropriated 2.7 billion dollars for HALU enrichment. And we received one of those awards for nine hundred million. So nine hundred million dollar Milestone based contract, which will be earned over the next few years as we build that capability …”

“If I were to ask the, whatever the typical staff or the typical member of Congress was, if they weren't on a committee that, like a banking committee or financial services committee or something like that, if I were to ask them, what do you know about venture …”

“Congress did pass a mandate directing the NHTSA to create a standard for advanced drunk driving prevention technology in new passenger vehicles. Now, the twenty-twenty-seven date that people are citing, that's not a hard deadline. The law was passed back in tw…”

“The reason why Nancy Pelosi's returns are so consistently good is Reg FD does not apply to people in Congress.”

“They wanted us to rewrite the law because they thought Congress was just behind. They weren't understanding that new tech allowed new capabilities, but again, it's not our mission.”

“Gallup runs a poll every year on the top institutions that Americans trust. Small business has been number one since the poll started. It is 44% higher than Congress, obviously. It's also 22% higher than the healthcare system and it is remain number one.”

“In twenty-twenty-two, he actually ran for Congress as a Republican in Texas's 32nd district. He didn't win, and he says the experience was so unpleasant, he's not interested in ever trying again.”

“Well, in, in twenty-twenty-four, there was a Russian uranium imports ban passed by Congress, and so there's a waiver process that's ongoing right now where the Secretary of Energy can waive the ban. If a utility needs it and there's not another source, which h…”

“And all the social media companies, you know, they all said, yeah, we want some meaningful regulation until you put words on the page. And we batted zero. We still haven't even done the fricking kids online safety bills.”

“I am literally the only Democrat in America in Congress that I've come across that saying, I think it's a great thing to break and destroy the Iranian regime.”

“We actually take it even a step further. For example, if you are a government official, you cannot, like if you're in Congress, you cannot trade on bills passing, even though, I don't know if they have an agreement.”

“You could say Congress isn't gonna do anything, therefore, Amadei should. Just appreciate that is giving up on the democratic process and saying we should have unelected, unaccountable individuals making weighty decisions.”

“My understanding, this is kind of what other people in the Congress told me, is that she asked Gary Gensler to go hard on crypto and like try to really curtail it in the United States.”

“So in October, Congress actually passed a law to allow this merger and grant yet another antitrust exemption. This time, Lyndon Johnson signed it into law.”

“We don't want a convention. We want the threat of a convention because ideally if the states, if we do a convention, Congress has cut out of the process. They don't get to write it. Now what they could do is write it themselves today, like right now. And that'…”

“You have to hire a strong government relations team because your customer is not the budget appropriator. Like they're not the same. So you have to be able to work the administration. You have to be able to work Congress. You have to work political appointees …”

“I am totally for a stock trading ban. I've led on that. I don't trade stocks. My wife's money was inherited in trust that I'm no say over, no control over, and it's in a trust.”

“And interestingly, most of these rules have come not from Congress, but from the administrative state.”

“And in the next few months, we expect Congress is going to pass the Clarity Act, which is going to answer a number of open questions about how crypto market structure should be regulated.”

“In 1977, Congress passed the Federal Express Bill deregulating air cargo completely.”

“There are a number of members of Congress that feel like, well, we missed it on the 96 telecom act. Like that wasn't, we didn't do good enough around then. So we need to rewrite the wrongs through the venue of an AI policy conversation”

“Governing a national AI market and governing AI development, we think is primarily Congress's role.”

“That budgeting process in a normal year. And this year, fiscal year, 25 is anything but a normal year. But that process can take 18 to 24 months to sort of ramp up. So you might have a great prototype that won an SBIR or a different other R&D contract, and it …”

“In the case of training data, I think that there, I mean, there's a bunch of these copyright, you know, kind of lawsuits happening right now. There's, you know, the big New York Times opening, I won, and there's, you know, been a bunch of others. I think in th…”

“I'm blaming Congress for having kicked them the authority in the first place. If you're going to place, you know, blame with somebody, you have to give it to the branch that actually abdicated its duty and decided to construct an entirely different branch and …”

“I think in that, but for that particular problem, my guess is that problem ultimately has to be solved through legislation. It's ultimately a legislative question.”

“First, it was the Crypto Summit a couple of weeks ago. Of course, the Genius Act got passed, which really teed up these stable coins, and now the Clarity Act around market structures making its way through Congress.”

“We're gonna make these cuts permanent. We've got a lot of different options. We would love to have Congress as a willing partner. But they need to prove that they can pass these bills because otherwise we're gonna have to look at other options.”

“If you just put in motion executively what you can, ah, consistent with the law, it forces Congress to respond in a positive direction. There, it limits their ability to say no. In fact, they have to catch up with you, and you've set the terms with the debate.”

“You cannot change The spending without a change in statute from Congress.”

“The modern Congress has become so structurally weak that people channel their ambition into building a media platform, social media in particular, and that almost becomes their full-time job. And that's really a problem because we need Congress to focus on the…”

“The things we need to do to enhance the power and the functionality of the modern Congress actually require an over empowered president to make them happen. Like otherwise Congress won't do it on its own.”

“There is an upcoming vote in Congress in September, I believe, and it's on the table to cut the overall budget for research for NIH by 40%, four to zero.”

“There is an upcoming vote in Congress in September, I believe, and it's on the table to cut the overall budget for research for NIH by 40%, four zero.”

“I think if any, it's Tesla only because the truth is electronic vehicle, electric vehicles have a whole bunch of specific subsidies, both around purchase and around, you know, the ability to resell emissions credits to people like GM, right? And all those thin…”

“I, I'm in complete agreement with you, and I think it's a lack of leadership on Trump's part. If Trump is going to criticize Taylor Swift and Zelensky and Putin and everybody, you know, all day long on Truth Social, he can criticize Congress and the Democrats …”

“If we do nothing, you're gonna get the largest tax increase in decades, and it won't just affect the rich. This affects the middle class as well. The 2017 tax cuts increase the standard deduction, which is important for the middle class. It raised the child ta…”

“There's been talk of that reconciliation bill being a 150 to 200, you know, sort of billion, which obviously gets, you know, sort of the total last year bill, you know, pretty close to that, you know, sort of trillion dollar mark.”

“86% of Americans want them banned.”

“With respect to Forty-five-Q and other tax credits in the IRA, the Inflation Reduction Act I give high odds That they will sustain, 45 Q, 45 V related projects.”

“The biggest, the most unconstitutional thing he's done today is not enforce the TikTok ban. Cause that was a direct, you know, statute that Congress passed that said that shall ban TikTok.”

“What matters is not like the exact legal lease that is in the continuing resolution. It's like how that's going to be interpreted Both by the warfighter and by, like, Congress that ultimately is gonna, you know, sort of go, you know approve the, like, you know…”

“More importantly, like, you know, the crazy thing about defense tech that I think not a lot of people realize is there's really not the concept of product-led growth. Like, you can't just dog food something with a customer, and then all of a sudden the colonel…”

“I don't know exactly when kind of what I'm hearing from some of my clients is they're anticipating, you know, one of those any day now type things from what they're hearing in Washington. So I think it's any day now.”

“Everybody recognizes that if we don't get this done, it's going to be the biggest, it's pass fail. It's the biggest tax hike in history.”

“I feel like they're taking, you know, sort of a chainsaw, which is not unreasonable when you need a scalpel because it's just like the scalpel may take too long and the, you know, admin only has two years before like Congress potentially flips. And so it's pro…”

“Congress is not going to pass this.”

“I think ultimately, my view is ultimately this will play out in Congress.”

“I think we could do a revised and updated version this Congress. And that was one of the things they all, the chairman expressed support for. So I think there's a pretty good chance we could get this done in the next six months.”

“What the four chairman indicated is actually they're going to take up stable coins first. And then market structure will follow very quickly. So I think we could see a stable coin bill past Congress in the next several months.”

“In 2016, Congress raised the threshold to 800 dollars per shipment, and that dramatically changed the landscape.”

“I coordinated some meetings this weekend between him and a lot of CEOs of leading AI companies. And there is a plan by Congress on the one hand to have federal preemption. Clearly this is a matter of interstate commerce. So we should have federal preemption, b…”

“The 2017 Trump tax cuts are expiring this year. We're going to extend them.”

“By Congress, they have to hire contractors to do work and the contractors, the contracting firms charge them two and a half times the sort of cost of an individual employee that they could otherwise hire.”

“One of the things that happens frequently is the Department of Defense says, well, we should stop these programs, and Congress says, no, we're continuing them, because this is where, you know, you're spending money in our district is.”

“By and large, the Republican Party is You know, full of members of Congress who very much believe climate change is happening and is happening. For reasons caused by humans, and now our set of discussions are around how do we solve the issue.”