AI bosses say they can self-regulate and House passes Russia sanctions bill: Morning Rundown

Key Points:

• Leading AI executives, including CEOs from Anthropic, OpenAI, and Google DeepMind, are advocating for self-regulation within the AI industry to establish their own rules and standards amid growing concerns about AI's rapid development.
• The Federal Reserve raised interest rates by 0.25% for the first time since 2023, bringing the benchmark rate to 4.00%, with signals of one more hike this year to combat inflation; former President Donald Trump criticized the decision, accusing the Fed board of political motives.
• The House passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, targeting Russia’s energy sector and allowing tariffs on goods from Russia, Iran, and potentially China and India; the bill now awaits President Trump’s signature.
• Los Angeles’ news community mourns the deaths of three individuals, including an NBC helicopter pilot and journalist, following a helicopter crash while covering a fatal bus collision, highlighting the close-knit nature of local media professionals.
• The Pro-Human Assembly in Washington, D.C., brought together diverse voices advocating for AI development that amplifies human potential, though attendees differed on the definition of "pro-human," reflecting ongoing debate about AI’s societal impact.