Bipartisan Senate negotiations on AI safety legislation have stalled without agreement ahead of the November 2026 midterms, according to Senate Commerce Chair Ted Cruz and Sen. Amy Klobuchar, pushing any potential markup into a lame-duck session. House Republican leaders have set aside major proposals, including the Great American AI Act discussion draft and related frontier safety measures, citing insufficient consensus and calendar constraints. President Trump's stated opposition to new guardrails has further complicated efforts, while numerous narrower bills on transparency, incident reporting, and oversight boards remain in early stages without floor consideration. With limited legislative days remaining before the new Congress convenes in 2027, trader consensus reflects these procedural and political barriers to enactment.