Regulatory Oversight

House Democrats are launching the Democratic Commission on AI and the Innovation Economy to lead federal policy on artificial intelligence as firms ramp up lobbying and a $100 million AI‑backed super‑PAC targets the 2026 midterms. Led by Reps. Ted Lieu, Josh Gottheimer and Valerie Foushee, the commission will convene industry, stakeholders and committees to craft a unified legislative agenda, address state‑level regulatory conflicts, and focus on a federal risk‑assessment framework, data‑sharing sandbox, and secure AI‑hardware supply chains. The effort aims to provide clearer oversight, boost venture funding and protect national security.

U.S. Senators Warren and Reed are urging investigations into World Liberty Financial (WLF), a crypto firm with Trump family ties, citing potential links to illicit actors in North Korea and Russia. Concerns stem from a report alleging WLF’s tokens were sold to entities connected to sanctioned groups. Senators highlight the Trump family’s significant financial stake in WLF, raising conflict of interest concerns and questioning the adequacy of WLF’s anti-money laundering controls and its expansions. Congress has been asked for enforcement actions by December 1st.

An ISG report reveals a dynamic shift in French cybersecurity due to rising AI threats and stricter regulations. French enterprises are increasing security budgets and seeking expert guidance for modern security challenges, moving towards comprehensive, integrated solutions like SASE. Driven by compliance burdens from EU regulations like NIS2 and the AI Act affecting over 15,000 French firms, companies are adopting AI-driven threat detection and automation via managed services to address skill shortages and proactively defend against increasingly sophisticated cyberattacks.

VeriSign announced that Berkshire Hathaway is selling 4.3 million shares of its common stock at $285.00 per share in a secondary offering underwritten by J.P. Morgan Securities. The sale aims to reduce Berkshire Hathaway’s ownership below 10%, avoiding regulatory oversight. Berkshire Hathaway has agreed to a 365-day lock-up period on its remaining shares. Underwriters have an option to purchase an additional 515,032 shares. Proceeds will go to the selling stockholders, not VeriSign.