Pressed Senate Minority Leader Chuck Schumer today following President Trump’s U.N. speech and with President Xi’s arrival in D.C., Schumer warned Trump not to forfeit the AI race. But will Schumer’s own proposed legislation on chip export controls cut off revenue for U.S. tech companies and set America back in the AI race? Here’s what he said:

Behind the scenes from #SocialismThreatAndTheFutureOfCapitalism airing TOMORROW at 8pm ET on @FoxBusiness! Hosted by @DavidAsmanfox and featuring: @Johnson4Dallas @TradeUnionJake @MadisonAlworth @DarrenBotelho @carolinedowney_ @lizpeek @OJOleka @DanielDiMartino

FTC Chair warns Washington: don't get fooled by Big Tech’s fake AI panic

Middle East: Due to tensions in the Middle East, the security environment remains complex with the potential for unforeseen escalation. Americans currently in the Middle East should exercise heightened vigilance and be aware of potential flight cancellations, airspace closures, and travel disruptions. Iranian-supported Houthis have engaged in hostilities against Saudi Arabia, including civilian airports. This military conflict has the potential to escalate rapidly. Americans outside the Middle East should seriously reconsider travel to and through the region. Those who do travel to or from the region should monitor information about airport and airline operations. U.S. diplomatic facilities, including outside the Middle East, have been targeted. Iran and groups supportive of Iran may target other U.S. interests overseas or at locations associated with the United States and Americans throughout the world, including U.S. businesses and other institutions. Read the latest country-specific alerts at: travel.state.gov/en/internat……

A bipartisan bill aimed at keeping AI data centers from driving up your electric bill is hitting a roadblock in the Senate after one Democratic senator blocked its quick passage, arguing it doesn't go far enough. The bill passed the House by a 417-3 vote, but Sen. Martin Heinrich stopped it on the Senate floor while pushing his own proposal instead. @DarrenBotelho reports the standoff comes as lawmakers face growing pressure over the rapid buildout of data centers, with new Fox News polling showing a majority of Americans oppose building AI data centers in their communities.

WATCH: Sen. Angela Alsobrooks says the failure of the crypto bill (Clarity Act) was “not because of Democrats” and accuses Republican leadership of wanting to use the issue for political advantage ahead of the midterms For context: Democrats unanimously opposed it (46 no, 0 yes, 1 non-vote). 4 Republicans joined them, including Sen. Thom Tillis—who switched his vote to "no" at the last second strictly as a procedural move to allow a future vote to reconsider

Today, we are taking a significant step forward, within our statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks through the "Innovation Exemption." 🇺🇸