Sens Bennet (D-CO), Graham (R-SC), Warren (D-MA), Welch (D-VT) Urge Leader Schumer to Establish New Agency to Regulate Digital Platforms

US Senators Michael Bennet (D-CO), Lindsey Graham (R-SC), Elizabeth Warren (D-MA), and Peter Welch (D-VT) wrote to US Senate Majority Leader Chuck Schumer (D-NY) to call for a new independent federal agency to establish oversight over large technology firms. The senators’ call follows Schumer’s Senate AI Insight Forums, which underscored the need for a comprehensive approach to artificial intelligence (AI) and the Big Tech companies currently dominating this sector. In their letter, the senators highlight Congress’ history of establishing expert, sector-specific federal bodies to oversee complex sectors of the economy—including the creation of the Food and Drug Administration in 1906, the creation of the Federal Communications Commission in 1934, and the establishment of the Federal Aviation Administration in 1958.