Senators Tim Scott and Bill Hagerty, known for advancing the crypto GENIUS Act, have introduced a new bill aimed at safeguarding U.S. AI technology.
By Jesse Hamilton|Edited by Nikhilesh De Jun 30, 2026, 11:02 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Republican senators are advocating for a new bill to protect U.S. AI technology. (Jesse Hamilton/CoinDesk)SummaryShow- Two Republican senators, including the Senate Banking Committee chairman and the author of the GENIUS Act, have introduced a bill aimed at mitigating foreign threats to U.S. AI technology.
- This legislation would empower the U.S. Commerce Department to bolster protections for the domestic AI industry.
In a bill presented on Tuesday, Senators Tim Scott and Bill Hagerty propose that the U.S. Commerce Department be granted enhanced authority to protect domestic AI technologies from foreign adversaries' supply chains.
The proposed legislation would empower the Commerce Department to prohibit "transactions involving technology developed, designed, manufactured, or supplied by entities controlled or owned by foreign adversaries." However, as Congress approaches its summer recess and midterm elections, the bill's chances of passage appear slim unless it is attached to other essential legislation.
“Americans should not have to worry that China or Russia can use the technology in our cars, phones, or networks against us,” stated Scott, who serves as the chairman of the Senate Banking Committee and collaborated with Hagerty on last year's GENIUS Act aimed at stablecoins.
Foreign adversaries are defined as nations actively undermining U.S. national security, which currently includes countries like Russia, China, Iran, and North Korea. Russia has been implicated in various cybersecurity incidents, while developments in China's tech sector and AI advancements are particularly pertinent to this bill's objectives.
The legislation also aims to establish a position within the Commerce Department responsible for overseeing these powers, specifically the assistant secretary of commerce for information and communications technology supply chains. Furthermore, it seeks to ensure that public access to open-source AI software is maintained.
Earlier this month, President Donald Trump issued an executive order to foster U.S. AI innovation, emphasizing the need to "protect American ingenuity and intellectual property from exploitation and theft by adversaries."
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