Anthropic Pushes Draft AI Safety Bill That Would Let Government Block Models
As seen on the 24/7 Wall St. homepage on October 18, 2026.
A federal kill switch for frontier models would land squarely on every company racing to ship them, and this time the proposal is coming from inside the industry.
BREAKING: Anthropic pitches draft AI safety bill that would let the government block models risking over $1B in damage, per POLITICO
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Anthropic has pitched lawmakers a draft AI safety bill giving the federal government authority to block AI models judged to risk more than $1 billion in damage, according to POLITICO. That puts the company behind a mechanism usable against its own products.
A leading frontier lab drafting and circulating kill switch legislation is a signal other companies racing to ship powerful models cannot easily ignore.
Where that damage line gets drawn in any final legislation, and who determines when a model crosses it, will shape how every major AI lab operates going forward.
For investors tracking companies with large AI infrastructure bets, a credible federal blocking mechanism adds regulatory risk the sector has not priced in. Kalshi notes the proposal comes from inside the industry, giving it legislative credibility that outside pressure campaigns rarely achieve.