Washington, D.C. — Today, Congressional Progressive Caucus (CPC) Chair Rep. Greg Casar (TX-35) and House Financial Services Committee Ranking Member Rep. Maxine Waters (CA-43) co-led the introduction of a resolution warning of the economic risks posed by an artificial-intelligence-related asset bubble, opposing a bailout of corporations or their business executives impacted by the collapse of an A.I. bubble, and affirming their support for aggressive federal action to protect workers, retirees, and low-income communities who will be harmed by an economic downturn.
They were joined by Representatives Danny Davis (IL-07), Chris Deluzio (PA-17), Valerie P. Foushee (NC-04), Jesús “Chuy” García (IL-04), Pramila Jayapal (WA-07), Analilia Mejia (NJ-11), Delia Ramirez (IL-03), André Carson (IN-07), Jan Schakowsky (IL-09), Brad Sherman (CA-32), and Rashida Tlaib (MI-12).
