The House passed H.R. 1770 – Consumer Safety Technology Act introduced by Representative Darren Soto with a 336-36 vote. The bill focuses on enhancing consumer protection through technology like AI and blockchain. It includes titles on AI applications in product safety, blockchain for fraud prevention, and token regulations. Companies like Tesla, Apple, and Amazon may be impacted. Representative Darren Soto has proposed other bills such as H.R. 3524 and H.R. 3310. Soto’s estimated net worth is $833.0K, making him the 306th highest in Congress. He has $0 invested in publicly traded assets. Follow his net worth and bills on Quiver Quantitative’s platform.

Read more at Nasdaq: Congress Vote: The House has passed H.R. 1770 – Consumer Safety Technology Act