10/29/2026
The Veil

‘We cannot let history repeat itself’: Progressive US Lawmakers oppose AI bailouts

Filed by Elara Myst
‘We cannot let history repeat itself’: Progressive US Lawmakers oppose AI bailouts
“The House Progressive Caucus is ready for the collapse of the AI bubble. The rest of us should be also,” said one economist.Jessica CorbettOct 28, 2026 As a progressive US senator warned Wednesday that Anthropic going public could leave “Americans holding the bag” if the artificial intelligence bubble bursts, The American Prospect revealed that key Democrats in the House of Representatives have crafted a resolution opposing federal bailouts for AI giants like the ...
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Elara Myst
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‘We cannot let history repeat itself’: Progressive US Lawmakers oppose AI bailouts — The Veil