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Senator Introduces Bill to Create Sovereign Wealth Fund for AI Oversight
Sen. Bernie Sanders discussed proposed legislation that would establish a sovereign wealth fund and expand public input on artificial intelligence regulation. The measure aims to give Americans a financial stake and regulatory voice in AI development.
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Sen. Bernie Sanders discussed new legislation that would create a sovereign wealth fund and increase public participation in artificial intelligence regulation. The proposal would direct revenue from AI companies into a national fund and establish mechanisms for citizen input on oversight rules.
Background on the Legislation Sanders described the bill during an interview with NPR's Juana Summers on June 18, 2026. He said the fund would ensure that profits generated by AI benefit the broader public rather than a small number of companies. The legislation would also set up processes for Americans to participate in decisions about how AI systems are developed and deployed.
Sanders said the bill is intended to address concerns that current AI growth concentrates economic gains among a limited group of firms. Details on timelines for introduction or committee review were not provided in the interview.
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