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David Inserra (Getty Images) Reps. Jay Obernolte and Lori Trahan recently released a discussion draft of an AI bill known as the Great American Artificial Intelligence Act (GAAIA). At 269…

Walter Olson When Donald Trump publicly vowed one year ago to revoke Harvard University’s tax-exempt status, a step lacking in any colorable legal basis, he sent a shock wave through…

Ryan Chan-Wei (Getty Images) In an earlier post, we assessed the Senate’s latest draft of the Clarity Act and focused on Title III and Section 404, both of which we…

Ryan Chan-Wei (Getty Images) Few provisions in the Clarity Act have been the subject of as much debate as Section 404, which sets out the circumstances under which stablecoin intermediaries…

Mike Fox Walter McMillian, left, and Equal Justice Initiative attorney Bryan Stevenson. (Source: EJI) Ohio’s Republican Governor Mike DeWine—who once helped to restore the state’s death penalty—recently made headlines by breaking…

Thomas A. Berry Two hundred fifty years ago, the 13 colonies unanimously declared their independence from the Kingdom of Great Britain and their new identity as the 13 United States…

Adam N. Michel AI anxiety is creating a new cross-party consensus. The prescription? New taxes. Andrew Yang wants a tax on computing power. Bill Gates wants the robot that takes…

Romina Boccia and Ivane Nachkebia (Getty Images) The release of the annual Social Security Trustees report has once again focused attention on the program’s projected trust fund exhaustion date, now…

Jeffrey Miron Despite reports that they are less harmful than regular cigarettes, legislators have targeted e‑cigarettes and vapes via crackdowns and online sales bans, citing a desire to protect young…

Juan Londoño The Great American Artificial Intelligence Act (GAAIA), a draft bill announced by Representatives Jay Obernolte (R‑CA) and Lori Trahan (D‑MA), is the proposal for the first federal comprehensive…