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US Tech Giants Face Congressional Subpoena Threats

US Tech Giants Face Congressional Subpoena Threats

CointimeCointime2026/11/09 00:22

On November 9, "With the Democrats fully taking control of both chambers of the U.S. Congress after the midterm elections, the AI tech giants that were previously closely allied with the White House are facing new challenges." Deutsche Welle reported on the 7th that financial markets are concerned that the new Congress, which will officially take office in January, will restrict the development of the AI industry. Meanwhile, Silicon Valley leaders are facing "subpoena threats." Republican members of the House have requested that NVIDIA CEO Jensen Huang attend a briefing in November. The New York Times believes this indicates that the Republicans, having lost the midterm elections, do not want to cede AI-related issues to the Democrats. The Washington Post revealed that Democrats are targeting several tech companies as key subjects of early congressional investigations.

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