September 14, 2026: Supreme Court Blocks Mail Ballot Restrictions, AI Risks in Focus, More
episodePreviously titled “Supreme Court Blocks Mail Ballot Restrictions, AI Risks in Focus, More” — renamed by the publisher on Sep 15, 2026
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News when you want it with Bloomberg News Now. I'm Doug Krisner. The Supreme Court has refused to clear the U.S. Postal Service to enforce new restrictions on mail-in ballots for the congressional midterm elections. Now, this comes after the Trump administration asked the high court to clear the way for restricting before those midterms. Here is Bloomberg's Greg Storr.
If you recall, about three weeks ago, the Supreme Court issued a preliminary order that basically said an earlier lawsuit challenging these rules had been filed too soon. And that set us off on this three weeks of uncertainty about whether states were going to have to make major changes to their mail ballot procedures in order to have those votes counted. And the Supreme Court today said, no, they don't have to make those changes.
That was Bloomberg's Greg Storr. Questions regarding the safety of artificial intelligence are dominating much of the national conversation at the moment, especially when it comes to how quickly AI models are advancing. Over the weekend, the leaders of Anthropic and OpenAI called for an industry-wide slowdown. Now, the best measure of this angst surrounding AI was in semiconductor stocks today. We had weakness in both NVIDIA and Broadcom, leading the Philadelphia Semiconductor Index down by 5.8%. And we got reaction to the AI story from Nancy Tengler, Chief Investment Officer at Laffer Tengler Investments.
I think it is a timely pause which can't hurt. I don't think a correction would hurt this market either. We've run pretty hard pretty fast over the last few years. So I think if as investors let the dust settle and I think investors still believe in the trade I think traders are the ones that are driving the short term volatility.
Nancy Tengler there. She is the chief investment officer at Laffer Tengler Investments. Meantime, Microsoft's AI researchers placed a new set of guidelines that limit the company's development of cutting-edge AI models.
What did the Supreme Court decide about mail‑ballot restrictions for the midterms?
Today, at the All In Summit in Los Angeles, the CEO of NVIDIA, Jensen Huang, took a live phone call on stage from President Trump during a panel discussion. Huang allowed Trump to dismiss AI dangers as a hoax. Trump also criticized the push to slow the pace of AI development as politically motivated or a Chinese scheme. Now, Huang agreed with the president, saying that President Trump has seen through the complexities of the issue. Earlier in the day on social media, Trump called the pushback against AI a sick conspiracy against AI and data centers. At the same time today, House Speaker Mike Johnson said Congress potentially will need to impose guardrails on the AI industry to prevent harm.
We do not want to jump in the reflex of legislative bodies to cover things up with red tape and in hyper-regulation. If you do that, then you lose your edge, and that is a national security concern for the American people.
House Speaker Mike Johnson. OpenAI reportedly acquired the startup Glass Imaging in recent months. Glass Imaging is developing higher-quality cameras for smartphones. The Wall Street Journal reports this deal values Glass Imaging at over $300 million. Glass Imaging's technology uses AI to produce image quality on par with DSLR cameras. OpenAI's exact plans for glass imaging are unclear, although we do know that OpenAI has been developing a secretive device with Johnny Ive, the former Apple executive who helped design the iPhone. There was weakness among financial stocks today after Bank of America CEO Brian Moynihan predicted trading revenue will be relatively flat in the third quarter. Moynihan told Bloomberg even if that happens, B of A will still have one of its best third quarters ever.
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