KUMMER

“ e bill is important to make sure there are no accidents in the use of nuclear weapons and that there are humans that are making responsible decisions,” Buck said. He and Lieu have worked together before, having entered Congress together in the same class and both serving as their respective party’s freshman class president.

In a statement, Lieu called it forward-thinking legislation. “While we all try to grapple with the pace at which AI is accelerating, the future of AI and its role in society remains unclear. It is our job as Members of Congress to have responsible foresight when it comes to protecting future generations from potentially devastating consequences.” ey’re joined in this push by Massachusetts Sen. Ed Markey, who introduced the bill in the Senate.

• Commodities such as oil are priced and traded in dollars worldwide.

• More foreign currencies are pegged to the U.S. dollar than any other currency including China’s. China is also our largest trading partner with foreign trades pegged to the dollar.

Markey said currently only the thinnest protections are in place and the bill is about making those safeguards more robust and “that we have a new set of standards which we establish, new protocols, in order to protect against the worst.”

Buck has focused on technology in recent years. “What we have to make sure is we learn from the failure of government to oversee the development of Big Tech where you had two or three giants that were really accumulating huge amounts of wealth and at the same time, sti ing innovation, we have to make sure that there’s competition in the AI marketplace so that the players are competing for the best outcomes.”

He’s optimistic that the bill could pass the House with strong bipartisan support.

AI is having a moment in Con- gress — a number of bills have been introduced to deal with this growing technology.

Colorado Sen. Michael Bennet is leading a bill, Assuring Safe, Secure, Ethical and Stable Systems for AI (ASSESS AI), that would set up a task force to look at the responsible use of AI by the federal government.

“As the deployment of AI accelerates, the federal government should lead by example to ensure it uses the technology responsibly,” Bennet said in a statement. “Americans deserve con dence that our government’s use of AI won’t violate their rights or undermine their privacy.”

Senate Majority Leader Chuck Schumer is also looking at a broad, exible policy framework for AI to build guardrails when it comes to

August 3, 1961 - April 24, 2023 dollar’s share of foreign exchange, trade, debt, and exchange reserve is much higher, which is why the dollar is known as the world’s reserve currency.

• About 35 percent of all Treasury bonds are owned by foreign investors.

• e dollar’s role in foreign exchange markets has been mostly unchanged over the last 20 years or more. In 2022, the dollar accounted for about 89 percent of all foreign exchange transactions. e dollar’s dominance in international nance is clear with the dollar used in about half of all trade invoicing—much higher than the twelve percent share in global trade.

• e dollar is still the dominant currency of choice for investment of foreign exchange reserves at about 60 percent.

• Some central banks are diversifying holdings away from the dollar and the euro, but only 25 percent of the shift is explained by increased allocations to the Chinese RMB. Much of this was driven by Russia which holds one third of all RMB reserves.

• U.S. sanctions remain on many countries, most notably the freezing of Russian assets after the Ukraine invasion.

Investment Strategist Brett Lapierre, CFA® states, “I see some weakness in the USD over the next few years as it is fundamentally overvalued. is, combined with stronger economic growth outside of the U.S., higher interest rates and trade de cit, could all put pressure on the USD. A recession could mean the dollar bounces in the short term in a ight to quality trade but over time, I expect the dollar to weaken.”

Given these facts, the U.S. dollar is alive and well and remains the stronghold currency worldwide. is could change over time as we see improved economic growth in other countries, and as we incorporate more foreign trade.

In our opinion, it is important to make sure your investment portfolio is diversi ed based on your risk tolerance to include investments that can potentially bene t from these economic conditions.

Patricia Kummer has been a Certied Financial Planner professional and a duciary for over 35 years and is managing director for Mariner Wealth Advisors.

Turn To The Colorado Sun For News Across The State

The Colorado Sun is a journalist-owned, award-winning news outlet that strives to cover all of Colorado so that our state — our community — can better understand itself.

In this way, The Sun contributes to a more vibrant, informed and whole Colorado.

The Sun, launched in 2018, is committed to fact-based, in-depth and nonpartisan journalism. It covers everything from politics and culture to the outdoor industry and education. e world lost a bright light on April 24 when David “Davey” Stewart of ornton passed away unexpectedly at the age of 61. Born in Pueblo, Dave moved to Aurora in his childhood where he developed his talents for both music and motocross, passions that would remain constant for the rest of his life.

Now, The Colorado Sun co-owns this and other Colorado Community Media newspapers as a partner in the Colorado News Conservancy. The Sun is CCM’s partner for statewide news.

For Colorado Sun stories, opinions and more, and to support The Sun’s misssion as a member or subscriber, visit coloradosun.com.

Davey became a local punk rock legend as the drummer for ’ Frantix, ‘57 Lesbian, and many other bands playing gigs throughout Colorado and around the country. His music embodied the energy and free-wheeling creativity that permeated his personality.

He was also an accomplished motocross racer, competing at the professional level in Colorado and trying his hand at select national events. Even after hanging up his racing boots, Dave never stopped following all things motocross. He could often be found watching the latest race or restoring vintage bikes in his garage. Bikes tuned at “Davey’s Dino Hut” were the best on the track.

Despite being a talented drummer and motocross racer, nothing compared to the love and pride Dave took in being a father and grandfather. His love for his family was unmatched. Everyone who met Dave undoubtedly heard stories about his sons and his grandkids–whether you wanted to or not! Dave’s family and close friends were the bedrock of his life.

We will all miss his infectious laugh, his fun-loving spirit, his “classic” stories, and his unconditional love.

Davey is survived by his mother, Sally Ferguson, Jason (Becca) Stewart and Abram (Sixtine) Stewart, his stepson Laine Bradford, sister Tammy Stewart, and his four grandchildren, Caleb, April, Emmett, and Soren. He will also be missed by countless other family members and friends.

Celebration of Life will be held on Tuesday, May 30 at 5 p.m. in Brighton. Please contact the family for more information. In lieu of owers, please donate to Rocky Mountain Crisis Partners.

BY LUKE ZARZECKI LZARZECKI@COLORADOCOMMUNITYMEDIA.COM

On most Tuesdays and ursdays and some Saturdays, a team of bikers meets to explore Colorado’s network of trails.

e group connects at a co ee shop in downtown Denver. When the weather isn’t too hot, it’s after work around 4 or 5 p.m. In the dead of summer, it’s usually in the morning.

ey sip on espresso and decide where they want to ride that day. It could be on the bike lanes of Denver, the 36 Bikeway to Boulder, the Platte River Trail to Brighton or other suburbs. Most of the time, it involves a stop along the way.

“We would go down the Platte River Trail to the C 470 trail and then Krispy Kremes along there. We call it the Krispy 50. It’s a 50-mile loop,” said Ted Schultz, one of the riders in the group.

e group started after Schultz and two colleagues in his o ce space decided to start riding together after work. Schultz rode with a few others and combined the two groups.

After the ride, they go to a brewery to catch up with one another and relax after the ride.

Colorado’s network of trails

Part of the reason the group exists is due to Colorado’s extensive bike trail infrastructure. Schultz said it’s only improved in the past two decades.

“When you add up the miles of really good trails, it’s just mind-boggling,” he said.

Schultz, who grew up in Colorado, said understanding for cyclists sharing the road and building more infrastructure has vastly grown. In the 70s and 80s, he could almost count on angry driver backlash during his rides. Now, not so much. e Denver Regional Council of Governments built a map that shows all the trails and bike lanes across the region. ey stretch all the way from Boulder to Clear Creek to Castle Rock.

Much of that may be due to more focus on improving trails and streets.

And more may be coming. e Greenhouse Gas Planning Standard, a new rule adopted by the Transportation Commission of Colorado in December 2021, requires agencies to measure greenhouse gas emissions from transit projects, with limits on how high those emissions go.