🚨 U.S. Senators Grill AI & Crypto Policy Official Over Tenure and Resources
• Oversight Questions: Senators Warren and Toomey pressed a senior Treasury official on how long they’ve been overseeing both AI and cryptocurrency rule-making and whether a single appointee can handle two of tech’s fastest-moving arenas.
• Staffing Concerns: The official revealed a lean team of just three analysts covering AI governance and digital asset frameworks, prompting worries about regulatory backlogs.
• Rule-Making Delays: A comprehensive crypto regulatory blueprint, initially slated for Q4, may slip into next year as bandwidth strains mount.
• Market Ripples: Bitcoin and Ethereum dipped ~1% intraday amid renewed uncertainty over the U.S. regulatory timeline.
Will stretched resources stall vital crypto regulations, or is this partisan theater? Drop your thoughts below!
(Not financial advice just sharing public updates; always DYOR.)