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Sanders Proposes $7T AI Wealth Fund, $1K Dividends to Citizens

6/19/2026

23 3 Full Breakdown

Summary

Story summary

Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on June 18, 2026.
The bill would create a $7 trillion fund by seizing half of the stock of the nation’s biggest AI firms.
Dividends from the fund are projected to deliver roughly $1,000 annual payments to each American citizen.
The bill faces slim odds because Congress is Republican-controlled and Sanders has no co-sponsors.

History

Historical Context

In 1980 Alaska voters approved the Permanent Fund, earmarking about $1 billion of oil revenue annually and by 2020 delivering $1,000 yearly dividends to each resident. Senator Bernie Sanders’ 2026 American AI Sovereign Wealth Fund Act seeks to capture half the equity of leading AI firms into a $7 trillion pool to pay $1,000 per citizen, echoing Alaska’s long-term wealth-sharing model.

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Story summary

Senator Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on June 18, 2026.
The bill would create a $7 trillion fund by seizing half of the stock of the nation’s biggest AI firms.
Dividends from the fund are projected to deliver roughly $1,000 annual payments to each American citizen.
The bill faces slim odds because Congress is Republican-controlled and Sanders has no co-sponsors.

1 / 2