NEWSNATIONNOW (Justin Walker) - Trump adviser blasts Fed rate increase, questions Warsh
“It's just stupid, bad policy. Bernanke wouldn't have done it. Greenspan wouldn't have done it," Navarro said.
“It's just stupid, bad policy. Bernanke wouldn't have done it. Greenspan wouldn't have done it," Navarro said.
The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank's Federal Open Market Committee (FOMC), under Fed Chair Kevin Warsh, voted unanimously to increase the central bank's benchmark interest rate to a range of 3.75 percent to 4 percent. It marks the [...]
After 9/11, Air Force and Wright-Patterson leaders pivoted to a war footing, developing logistic capabilities as well as the needed science and technology to conduct a war.
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The president also suggested that he doesn’t expect Kevin Warsh to follow his directions, saying he wanted the Fed “to be independent.”
“I’m not standing here today suggesting to you I have all the answers,” Kennedy said on the Senate floor. “What I am suggesting to you is there are risks to artificial intelligence.”
The measure would direct state regulators to consider rules requiring data centers to cover higher energy costs, but it would not compel them to do so.
Geoffrey Hinton, the Nobel Prize-winning computer scientist known as the “godfather of AI," weighs in on several proposals before Congress to regulate artificial intelligence. 0:00 Hinton on the AI regulation that would be a good start 1:21 Why an AI kill switch won't work long term 5:00 Can we get AI superintelligence to like us? 6:44 The thing that concerns AI leaders the most right now Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr #Technology #AI #News