AI executives call for self-regulation of their companies’ technology.
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executives → call → technology
Trump reacts to the Fed’s decision to hike interest rates.
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Trump → react → rates
And the L.A. news community mourns those killed in a helicopter crash.
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community → mourn → crash
AI giants call for creating their own rules
Concerns about artificial intelligence and the pace of its development have exploded in recent days.
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Concerns → call → days
Now, tech executives — including Anthropic CEO Dario Amodei, Open AI CEO Sam Altman, Elon Musk and Google DeepMind co-founder Demis Hassabis — are coalescing around the idea that their industry needs to come up with its own rules and standards.
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industry → include → rules
This is Morning Rundown, a weekday newsletter to start your day.
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This → start → day
Tech companies have shown some willingness to make changes — but without regulation, they’re also able to undo those changes whenever they want.
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they → show → changes
Litigation has also moved companies to change, like Meta’s recent $18 billion settlement, which included an agreement to place limits on how teens use Instagram.
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teens → move → Instagram
But some experts question AI companies’ ability to regulate themselves.
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experts → question → themselves
“Self regulation is an oxymoron,” said Alex Bores, a New York state assemblyman and supporter of nationwide AI regulation.
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Bores → say → regulation
“That’s just Congress and the president not living up to their duty to protect the American people.”
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That → ’ → people
The House yesterday overwhelmingly passed a bill that would shield consumers from higher energy costs from new data centers in their communities.
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that → pass → communities
But the bill doesn’t address recent safety concerns, and it’s uncertain what will happen to the bill in the Senate.
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what → address → Senate
Meanwhile, people across the political spectrum, from Steve Bannon to Sen. Bernie Sanders, have called for a “pro-human” future for AI (more on that in today’s Staff Pick).
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people → call → Pick
- As industry worries swell over the technology’s rapid progress, OpenAI disclosed six new incidents of “unexpected or concerning” behavior by its artificial intelligence models.
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OpenAI → swell → models
The company also unveiled a new framework for tracking and reporting these instances of what it termed “misalignment.”
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it → unveil → what
- An NBC News Decision Desk Poll powered by SurveyMonkey found that 53% of adults believe AI does more harm than good in K-12 education, and 54% believe the same in colleges and universities.
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% → power → colleges
Fed raises interest rates for the first time since 2023
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Fed → raise → 2023
The Federal Reserve raised its benchmark interest rate for the first time in three years and signaled one more interest rate hike in the coming months as it aims to slow rising inflation.
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it → raise → inflation
The central bank raised rates yesterday 0.25%, making its flagship rate 4.00%.
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rate → raise → rates
And as of this week, all but two members of the Federal Open Market Committee forecast another rate increase this year.
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members → forecast → increase
Inflation was up to 3.4% as of August, fueled by the Iran war’s impact on energy prices.
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Inflation → fuel → prices
Fed Chair Kevin Warsh told reporters that his agency can’t affect the prices of food and other items, “but what we can do, and will do, is ensure that any change in relative prices don’t broaden out.”
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change → tell → prices
President Donald Trump reacted to the decision by demanding interest rates be lowered, “AND FAST!”
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rates → react → decision
He later said the Fed’s decision was due to a “hostile board” that Warsh couldn’t overpower.
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Warsh → say → that
“I told, I talked to Kevin, and I think if you want to approach the board, it’s not going to matter.
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it → tell → board
They’re very political.
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They → ’re → ?
They’re doing the wrong thing.”
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They → do → thing
Trump also rejected the claim that rates were raised to combat inflation, arguing the board was “raising them only for political reasons.”
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board → reject → reasons
House passes Russia sanctions bill and leaves Washington
A bill aimed at imposing sanctions on Russia and Iran is headed to President Donald Trump’s desk for his signature after it passed in the House yesterday in a 262-159 vote.
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it → pass → vote
The legislation, named the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, takes aim at Russia’s energy sector by punishing the largest buyers of its oil and gas, allowing the president to impose tariffs on goods from those countries, which may include China and India.
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which → name → China
The goal is to slash the revenue streams that fund Russia’s ongoing war on Ukraine.
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that → slash → Ukraine
But some top House Democrats who criticized the bill fear it would grant broad tariff authorities that Trump could abuse.
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Trump → criticize → that
Here’s what else the bill states.
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bill → ’ → what
After voting wrapped yesterday, House members left Washington and aren’t expected to reconvene until Nov. 9 — after the midterm elections.
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members → wrap → elections
That means lawmakers won’t vote on Rep. Thomas Massie’s resolution to impeach Defense Secretary Pete Hegseth, which needs to be acted on in two legislative days.
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which → mean → days
While GOP leaders insisted their decision to cancel today’s votes had nothing to do with Massie’s impeachment efforts, it allowed vulnerable Republican members to avoid a difficult vote on Hegseth’s leadership during the unpopular six-month war with Iran.
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members → insist → Iran
What Speaker Mike Johnson said of Massie’s impeachment effort.
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Johnson → say → effort
Separately, human rights experts commissioned by the U.N.’s top human rights body say they have found “reasonable grounds” to believe the U.S. committed war crimes in two strikes in Iran, including on a school in the southern city of Minab.
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U.S. → commission → Minab
Election officials are caught in the middle of the fight in Missouri over which congressional map will be in place for the midterm elections.
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map → catch → elections
…and 31 more, not listed.