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US House panel to vote on bill to give Congress authority over AI chip exports

The bill mandates a 30-day congressional review of advanced AI chip exports to adversaries to prevent military and surveillance misuse, focusing on China and others, lawmakers said.

  • A House panel set a Wednesday vote on a bill giving Congress authority to review AI chip exports, letting the House Foreign Affairs Committee and Senate Banking Committee block shipments during a 30-day review despite pushback from White House AI czar David Sacks.
  • Mast says the AI Overwatch Act aims to prevent advanced chips from reaching China, following Trump’s approval of Nvidia H200 shipments last week.
  • Last week, Sacks reposted an X post alleging 'Never Trumpers' and former Obama and Biden staffers orchestrated the bill, singling out Anthropic CEO Dario Amodei, who said Tuesday at Davos, `It would be a big mistake to ship these chips`.
  • If approved by committee, the bill still must pass both the full House and full Senate and be signed by the president, while Nvidia and the U.S. Department of Commerce did not respond to requests for comment.
  • A coordinated media push last week appears to have affected prospects as one source said the act’s odds improved, while social-media critics called it `pro-China sabotage disguised as oversight` and compared it to `It’s a bit like selling nuclear weapons to North Korea.
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Market Screener broke the news in on Wednesday, January 21, 2026.
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