Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    US oil companies lobby Republicans to keep Joe Biden’s hydrogen tax credits

    By News RoomJun 5, 2025 4:57 pm EDT0
    Recent

    US oil companies lobby Republicans to keep Joe Biden’s hydrogen tax credits

    Jun 5, 2025 4:57 pm EDT

    Sprinklr Analysts Boost Their Forecasts After Upbeat Earnings – Sprinklr (NYSE:CXM)

    Jun 5, 2025 4:45 pm EDT

    VanEck Launches GPZ ETF To Tap Into Private Market Boom – Apollo Asset Management (NYSE:APO), Blackstone (NYSE:BX)

    Jun 5, 2025 4:44 pm EDT
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    Solo Bitcoin Miner Wins $330K Block as Difficulty Hits Record 126.98T

    By News RoomJun 5, 2025 3:56 pm EDT0
    Recent

    Solo Bitcoin Miner Wins $330K Block as Difficulty Hits Record 126.98T

    Jun 5, 2025 3:56 pm EDT

    Money Examined From Ancient Times to Bitcoin

    Jun 5, 2025 2:48 pm EDT

    Circle Internet shares soar 150% on NYSE debut

    Jun 5, 2025 1:45 pm EDT
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    Nvidia’s $10 Multiplier Could Lift Adobe, Salesforce, ServiceNow – NVIDIA (NASDAQ:NVDA), ServiceNow (NYSE:NOW), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM)

    By News RoomJun 5, 2025 10:02 am EDT0
    Recent

    Nvidia’s $10 Multiplier Could Lift Adobe, Salesforce, ServiceNow – NVIDIA (NASDAQ:NVDA), ServiceNow (NYSE:NOW), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM)

    Jun 5, 2025 10:02 am EDT

    We need a new deal for the web

    Jun 5, 2025 9:05 am EDT

    Silicon Valley’s abundance of hype over abundance

    Jun 5, 2025 6:52 am EDT
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    How to play surging Broadcom with options ahead of earnings

    By News RoomJun 5, 2025 5:33 pm EDT0
    Recent

    How to play surging Broadcom with options ahead of earnings

    Jun 5, 2025 5:33 pm EDT

    Wall Street sentiment on Boeing is improving as 737 MAX production increases

    Jun 5, 2025 4:29 pm EDT

    Best Stocks: An ‘AI wolf in sheep’s clothing’ with a great entry point for investors

    Jun 5, 2025 3:19 pm EDT
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » Elizabeth Warren Warns AI Provision In Trump’s ‘Big Beautiful Bill’ Could Enable Rent Hikes: ‘This Policy Violates The Senate’s Budget Rules’
AI

Elizabeth Warren Warns AI Provision In Trump’s ‘Big Beautiful Bill’ Could Enable Rent Hikes: ‘This Policy Violates The Senate’s Budget Rules’

News RoomNews RoomJun 4, 2025 4:50 am EDT0 ViewsNo Comments2 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

On Tuesday, Sen. Elizabeth Warren (D-Mass.) blasted an AI arrangement in President Donald Trump’s sweeping tax-and-spending expense, cautioning it might sustain increasing leas and break Senate procedural guidelines.

What Occurred: Warren required to X, previously Twitter, to slam an area in the “One Huge Beautiful Expense” that would disallow states from managing expert system for ten years.

She argued the procedure would protect business like RealPage, a property tech company, which she implicated of utilizing AI to assist proprietors coordinate lease boosts.

” In the middle of a real estate crisis, Republicans are slipping lines into their huge lovely expense that might in fact raise your lease,” Warren stated. “This policy breaches the Senate’s budget plan guidelines.”

See likewise: Tesla Battery Provider CATL Eyes Over $4B In Hong Kong Listing– Might End up being 2025’s Most significant IPO Yet

RealPage’s prices software application has actually been inspected for apparently helping with algorithmic rent-setting, which critics argue can serve as a type of price-fixing.

Warren states that states and cities were beginning to check such practices– up until Republican politicians consisted of an arrangement that would remove states of that power.

Her opposition includes pressure on Senate Democrats to challenge the arrangement before the expense reaches last approval. She prompted Americans to call their senators and require the arrangement be eliminated, specifying, “God understands your lease is high enough currently.”

Why It is necessary: On Tuesday, Rep. Marjorie Taylor Greene (R-Ga.) likewise required the elimination of a controversial AI arrangement from the tax-and-spending expense, cautioning she will oppose the legislation unless the Senate removes the procedure from the last variation.

” I am adamantly OPPOSED to this and it is an infraction of state rights and I would have voted NO if I had actually understood this remained in there,” she specified in a post on X.

Formerly, a bipartisan group of state attorney generals of the United States likewise voiced their opposition. South Carolina Attorney General Of The United States Alan Wilson, a Republican politician, stated that instead of using genuine options, Congress is attempting to connect their hands.

Picture Courtesy: Sheila Fitzgerald On Shutterstock.com

Read Next:

Disclaimer: This material was partly produced with the assistance of AI tools and was examined and released by Benzinga editors.

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Nvidia’s $10 Multiplier Could Lift Adobe, Salesforce, ServiceNow – NVIDIA (NASDAQ:NVDA), ServiceNow (NYSE:NOW), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM)

AI Jun 5, 2025 10:02 am EDT

We need a new deal for the web

AI Jun 5, 2025 9:05 am EDT

Silicon Valley’s abundance of hype over abundance

AI Jun 5, 2025 6:52 am EDT

Amazon to Spend $10 Billion on North Carolina Data Centers for AI Expansion

AI Jun 5, 2025 3:23 am EDT

Amazon Expands Cloud, AI Footprint With $10 Billion Data Center Investment In North Carolina – Amazon.com (NASDAQ:AMZN)

AI Jun 5, 2025 3:19 am EDT

Why Democrat Zoltan Istvan Is Backing Basic Income, Home Robots in California Governor Bid

AI Jun 4, 2025 9:43 pm EDT
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

US oil companies lobby Republicans to keep Joe Biden’s hydrogen tax credits

Jun 5, 2025 4:57 pm EDT

Sprinklr Analysts Boost Their Forecasts After Upbeat Earnings – Sprinklr (NYSE:CXM)

Jun 5, 2025 4:45 pm EDT

VanEck Launches GPZ ETF To Tap Into Private Market Boom – Apollo Asset Management (NYSE:APO), Blackstone (NYSE:BX)

Jun 5, 2025 4:44 pm EDT

Mark Barker Named CEO of Mission Companies

Jun 5, 2025 4:42 pm EDT

Cisco Systems Unusual Options Activity For June 05 – Cisco Systems (NASDAQ:CSCO)

Jun 5, 2025 4:41 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

Investing

Wall Street sentiment on Boeing is improving as 737 MAX production increases

By News RoomJun 5, 2025 4:29 pm EDT0

Belief on Wall Street has actually been reinforcing progressively on Boeing shares, with the aerospace…

Solo Bitcoin Miner Wins $330K Block as Difficulty Hits Record 126.98T

Jun 5, 2025 3:56 pm EDT

This Hamilton Insurance Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday – Coursera (NYSE:COUR), Chewy (NYSE:CHWY)

Jun 5, 2025 3:37 pm EDT

Crash-Proof Investing? New Innovator ETF Promises Downside Buffer – Innovator ETFs Trust Innovator Equity Defined Protection ETF – 1 Yr June (BATS:ZJUN)

Jun 5, 2025 3:36 pm EDT
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

UK fintech Wise to switch main listing to New York

Jun 5, 2025 4:40 am EDT

US Food and Drug Administration Launches AI Platform to ‘Modernize’ Agency

Jun 3, 2025 7:15 am EDT

FioBit Cloud Mining 2025: Trusted AI-Powered Mining Solutions for Earning Bitcoin, Dogecoin & More Safely and Easily

May 27, 2025 11:52 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?