Peter Welch

Welch urges the IRS to stop Big Tech from misusing R&E tax credits to subsidize AI data center construction.

“Welch: “The IRS has a responsibility to ensure tax credits are being claimed as intended by Congress.” WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.), Member of the Senate Finance Committee and …”

Welch joined Democrats urging Trump to negotiate international AI safety guardrails and consider a mutual pause in frontier AI development with China.

“Senators’ letter calls for global cooperation on AI development to preserve public safety and human control WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.), Member of Senate Judiciary Subcommitte…”

Welch proposes a new federal agency with pre-clearance review, pause authority, and heavy penalties to regulate frontier AI and prevent catastrophic risk.

“Federal Digital Commission would have pre-clearance review of frontier AI models, ability to pause release without necessary safeguards, and assess civil penalties of up to 15% of a firm’s prior-year …”

Welch celebrates $300 million in CHIPS Act funding for GlobalFoundries to develop technology making AI infrastructure more energy efficient and create Vermont jobs.

“WASHINGTON, D.C. — Today, U.S. Senator Peter Welch (D-Vt.) celebrated the announcement of $300 million in new federal funding for Vermont’s GlobalFoundries. This federal investment, funded through the…”