The Federal Trade Commission would be granted powers at the center of the artificial intelligence policy debate under a major bipartisan, bicameral agreement on draft data privacy legislation, while being compelled to drop a rulemaking on “commercial surveillance” that had thrilled privacy activists and enraged business groups. The draft privacy measure announced April 7 by Senate Commerce Chair Maria Cantwell (D-WA) and House Energy and Commerce Chair Cathy McMorris Rodgers (R-WA) would cover “any entity that determines the purpose and...