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119-hres-1642119th Congress

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.

Sponsored By: Representative Casar, Greg [D-TX-35]

Introduced

Summary

Reject federal bailouts for insolvent AI-related firms. This resolution would oppose special government rescue tools for failing AI companies and instead call for ordinary bankruptcy, executive accountability, and targeted support for workers and communities.

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  • Workers and families: Would back federal stimulus to replace lost demand and fund unemployment, nutrition, and rental and housing assistance for people hit by AI-driven failures.
  • Pensioners and savers: Would press for protections for pension and retirement fund holders and targeted aid for current and near retirees facing losses.
  • Executives: Would demand civil and criminal accountability for senior executives and require penalties plus return of ill-gotten gains, including luxury assets purchased with those gains.
  • Market structure and firms: Would direct insolvent AI firms to wind down or reorganize through ordinary bankruptcy and push policies to limit concentration and promote competition.
  • Federal rescue tools: Expressly opposes emergency lending, Exchange Stabilization Fund actions, direct capital infusions, debt guarantees, or similar government measures to bail out AI-related firms.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Casar, Greg [D-TX-35]

TX • D

Cosponsors

  • Rep. Waters, Maxine [D-CA-43]

    CA • D

    Sponsored 10/29/2026

  • Rep. Schakowsky, Janice D. [D-IL-9]

    IL • D

    Sponsored 10/29/2026

  • Rep. García, Jesús G. "Chuy" [D-IL-4]

    IL • D

    Sponsored 10/29/2026

  • Rep. Tlaib, Rashida [D-MI-12]

    MI • D

    Sponsored 10/29/2026

  • Rep. Ramirez, Delia C. [D-IL-3]

    IL • D

    Sponsored 10/29/2026

  • Rep. Carson, André [D-IN-7]

    IN • D

    Sponsored 10/29/2026

  • Rep. Davis, Danny K. [D-IL-7]

    IL • D

    Sponsored 10/29/2026

  • Rep. Deluzio, Christopher R. [D-PA-17]

    PA • D

    Sponsored 10/29/2026

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 10/29/2026

  • Rep. Foushee, Valerie P. [D-NC-4]

    NC • D

    Sponsored 10/29/2026

  • Rep. Jayapal, Pramila [D-WA-7]

    WA • D

    Sponsored 10/29/2026

  • Rep. Mejia, Analilia [D-NJ-11]

    NJ • D

    Sponsored 10/29/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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