On Wednesday, the National Highway Traffic Safety Administration (NHTSA) released its first annual automated vehicle crash report, providing statistics on accidents for Level 3 through 5 autonomous vehicles as well as Teslas and other vehicles using automated driver assistance services. The report, which reveals drastically lower crash rates for AVs than for Teslas, does not… Continue reading NHTSA Releases Crash Statistics for Teslas, AVs
Author: cmackenzie
MA Court Strikes App-Driver Ballot Initiative
On Tuesday, the Massachusetts Supreme Judicial Court ruled against a planned ballot initiative that would have defined gig work drivers as independent contractors and guaranteed a minimum level of earnings as well as new benefits and protections. The Court ruled that the initiative, which will no longer appear on the ballot this November, presented voters… Continue reading MA Court Strikes App-Driver Ballot Initiative
On Hinman Speech Anniversary, Chamber of Progress Calls on SEC for Crypto Clarity
On Tuesday, Chamber of Progress sent a letter urging SEC Chairman Gary Gensler to put forward clear cryptocurrency regulations following years of regulatory ambiguity, arbitrary enforcement, and legal threats from the SEC. The letter marks the four-year anniversary of a speech by the SEC’s then-Director of Corporate Finance Bill Hinman, who commented that neither Bitcoin… Continue reading On Hinman Speech Anniversary, Chamber of Progress Calls on SEC for Crypto Clarity
Letter to CA Lawmakers: Support fintech access legislation (AB 2540)
Sens. Gillibrand and Lummis Introduce Crypto Bill
On Tuesday, Sens. Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act, legislation that would create a comprehensive regulatory framework for digital assets. The bipartisan bill clarifies what role specific federal agencies will play in regulating the growing industry, and asks the SEC and CFTC to study the creation of a… Continue reading Sens. Gillibrand and Lummis Introduce Crypto Bill
InsideSources Op-Ed: This Antitrust Bill Was Written for Industry
Chamber of Progress Urges CA Regulators to Approve Cruise AV Application
Supreme Court Blocks Texas Anti-Content Moderation Law
By a 5 vote majority Tuesday, the Supreme Court blocked a Texas law (HB20) that prevents social media companies from moderating content posted to their platforms. Prior to the ruling, a wide range of organizations, including the NAACP and ADL, joined Chamber of Progress in an amicus brief to the Supreme Court, urging the court… Continue reading Supreme Court Blocks Texas Anti-Content Moderation Law
Revised Antitrust Bill Gives Carveout to Banks and Telcos
Late Wednesday, Sens. Amy Klobuchar (D-MN) and Chuck Grassley (R-IA) released a revised version of their antitrust legislation, S. 2992, following reports of growing opposition among moderate Democrats. The revised bill adds carve outs for bank, credit card, and telecommunications companies, but does nothing to address concerns that the bill would negatively impact privacy, break… Continue reading Revised Antitrust Bill Gives Carveout to Banks and Telcos
NY Senate Passes Antitrust Bill To Sue Companies Even When Consumers Benefit
The New York State Senate today approved legislation (S.933C) that would make New York the only state to adopt a European-style “abuse of dominance” antitrust standard — allowing the state Attorney General and class action lawyers to sue companies for winning over customers by offering a better product than their competitors. Chamber of Progress, a… Continue reading NY Senate Passes Antitrust Bill To Sue Companies Even When Consumers Benefit