Congress is chewing over a proposal to create a federal framework for AI regulation. The draft bill, released by Reps. Lori Trahan, D-Mass., and Jay Obernolte, R-Calif., on Thursday comes as lawmakers and industry leaders debate how to address a patchwork of state AI laws — and the window for congressional action this year closes. The measure would increase transparency about the cybersecurity risks of frontier models, require independent safety…