We need to develop comprehensive regulatory frameworks to ensure that these companies and jobs stay here and grow here, and that the United States remains the global leader in these important new technologies.
Develop comprehensive regulatory frameworks for emerging technologies such as Web3, quantum computing, cryptocurrency, blockchain, biotechnology, and climate technology.
Occurrences
We need to develop comprehensive regulatory frameworks to ensure that these companies and jobs stay here and grow here
I think people here are alarmed, but I also feel, Elex, in terms of seeing a finish line here, we have a terrible record in the Congress of regulating technology, even when there’s palpable harm, as we have seen with social media and what it’s done to our kids, we cannot afford to have that same dysfunctional approach when it comes to AI because it’s just too dangerous.
Evidence
legacy_unverified · Source version not recorded · locator unknown
On April 28, 2026, Schiff announced the LIFT Artificial Intelligence Act, saying the bill would improve AI literacy in K-12 education and help students prepare for an AI-driven economy.
Assessments
Schiff made a same-term legislative effort related to emerging technology policy by introducing the 2026 LIFT Artificial Intelligence Act, but the cited measure concerns AI literacy in K-12 education, not a comprehensive regulatory framework for Web3, quantum computing, cryptocurrency, blockchain, biotechnology, climate technology, or emerging technologies generally. The evidence shows policy activity and effort, but not delivery of the promised regulatory outcome.