Greg Casar (D-TX)
Expressing the sense of the House of Representatives that Congress must refuse to provide any additional funds or exceptional regulatory support to companies or financial institutions facing insolvency or financial collapse due to exposures to acute stress within the artificial intelligence market and must provide support to all harmed Americans instead.
A Democratic resolution with 12 Democratic cosponsors · See all 12 cosponsors
Last activity — Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
A House resolution is the House speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the House agrees to it, it is officially the House's word; it is not a law, so the Senate and the President have no part in it.
What this bill would do
This resolution expresses the official stance of the House of Representatives regarding potential financial distress in the artificial intelligence market. It states that Congress must refuse to provide bailouts, emergency funds, or special regulatory support to failing artificial intelligence companies or connected financial institutions. Instead, the House declares that these failing entities should go through normal bankruptcy or resolution processes. The text also insists that senior executives who take reckless risks must face civil and criminal penalties and lose their ill-gotten gains. Finally, the measure supports using federal resources to directly aid workers, consumers, and families harmed by market disruptions.
Yes· 3 of 8
- Scored +7
Does this increase support for people who lose their jobs?
The resolution supports robust economic assistance for workers facing job losses, including unemployment insurance.
- Scored +7
Does this put more rules on large technology companies?
The resolution calls for increased oversight, accountability, and refusal of bailouts for speculative artificial intelligence companies.
- Scored +7
Does this make what the government does easier for the public to see?
The resolution commits to restoring transparency and accountability to financial markets and corporate governance.
The opposite
- Scored -4
Is this likely to grow the economy?
The resolution highlights the economic risks and disruptions associated with a potential artificial intelligence market bubble collapse.
- Scored -4
Is this likely to lower the price at the pump?
The resolution notes that artificial intelligence data center energy demand is leading to consumers paying higher electricity bills.
Who it would affect, and how
Potential Positive Impacts for People
-
Protection for Workers and Families: Section (3)(B) supports robust economic assistance for workers and their families facing job losses from an artificial intelligence bubble collapse, such as unemployment insurance, nutrition support, and housing assistance, which directly helps everyday people survive hard economic times.
-
Safeguarding Retirement Savings: Section (3)(C) provides strong protections for pension and retirement fund holders who face devastating savings losses if an artificial intelligence bubble bursts, protecting the financial security of working and retired Americans.
-
Holding Executives Accountable: Section (2)(C) affirms that senior executives who take excessive risks or act unlawfully should be held fully accountable under the law and forced to return their ill-gotten gains, ensuring that wealthy decision-makers do not profit from reckless behavior at the expense of the public.
Potential Negative Impacts for People
- Higher Electricity Costs: The text notes in the preamble that artificial intelligence data center energy demand continues to grow, leading to consumers paying higher electricity bills and subsidizing the rising costs of the artificial intelligence build-out, which places a direct financial burden on everyday households.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — The resolution advocates for targeted assistance to low-income households facing economic harm from financial failures. Would people over 65 be better off under this? — The resolution explicitly calls for strong protections for pension and retirement fund holders who face savings losses. Would Black Americans be better off under this? — The resolution supports targeted assistance for historically underserved communities experiencing disproportionate economic harm.
- Economy And Finance
- Does this increase support for people who lose their jobs? — The resolution supports robust economic assistance for workers facing job losses, including unemployment insurance. Does this give people more protection from unfair business practices? — The resolution strongly supports actions to protect consumers from the economic fallout of artificial intelligence market failures. Is this likely to grow the economy? — The resolution highlights the economic risks and disruptions associated with a potential artificial intelligence market bubble collapse.
- Education And Technology
- Does this put more rules on large technology companies? — The resolution calls for increased oversight, accountability, and refusal of bailouts for speculative artificial intelligence companies.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The resolution commits to restoring transparency and accountability to financial markets and corporate governance.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — The resolution advocates for robust economic assistance such as nutrition support and housing assistance to aid families facing hardship.
- Environment Energy And Infrastructure
- Is this likely to lower the price at the pump? — The resolution notes that artificial intelligence data center energy demand is leading to consumers paying higher electricity bills.
- 10/29/2026
- Submitted in House
- Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 12 Cosponsors added.
André CarsonDemocrat · Indiana
Danny DavisDemocrat · Illinois
Christopher DeluzioDemocrat · Pennsylvania
Valerie FousheeDemocrat · North Carolina
Jesús GarcíaDemocrat · Illinois
Pramila JayapalDemocrat · Washington
Analilia MejiaDemocrat · New Jersey
Delia RamirezDemocrat · Illinois
Brad ShermanDemocrat · California
Janice SchakowskyDemocrat · Illinois
Rashida TlaibDemocrat · Michigan
Maxine WatersDemocrat · California