Libra’s regulatory hurdles appear taller after House hearing Roll Call 11/05/19 Facebook CEO Mark Zuckerberg provided only a few additional details about the company’s proposed cryptocurrency to a House Financial Services Committee on Oct. 23 that generally didn’t like what it heard. Zuckerberg said Facebook wouldn’t proceed with the proposed Libra until it had satisfied regulators’ concerns. That pledge and the harsh criticism from lawmakers on both sides the aisle appears to narrow, if not eli...
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IBM Report: Central Bank Digital Currencies Getting Closer to Reality Blockonomi 11/05/19 Multinational tech powerhouse IBM has co-published a new report that hails central bank digital currencies, or CBDCs, as all but inevitable in the years ahead. Written in collaboration with the Official Monetary and Financial Institutions Forum (OMFIF), the report, which was commissioned by IBM for use by “policy-makers, industry specialists, [and] economic commentators,” involved surveying some two dozen c...
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Markers Honor 12 Men Falsely Convicted Of Murder In 1919 Racial Uprising KUAR 11/05/19 Twelve African-American men wrongly accused of murder during the 1919 Elaine Massacre and later exonerated were inducted into the Arkansas Civil Rights Heritage Trail. Each man has a trail marker dedicated in his honor. U.S. Rep. French Hill, the Chancellor of the University of Arkansas at Little Rock Dr. Christina Drale, Little Rock Mayor Frank Scott, Jr., along with community members and family members of th...
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Possible migrant site minutes from former internment camp Valliant News 11/03/19 LITTLE ROCK, Ark. (AP) – Nearly 75 years after federal officials shuttered a Japanese-American internment camp in , Arkansas, the Trump administration is examining a site about 2 miles away as a potential temporary shelter for immigrant children. The Department of Health and Human Services said Thursday that the government is considering an unused Department of Agriculture property in nearby Kelso as an immigrant sh...
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1919's Elaine 12 to get heritage trail markers ADG 11/02/19 The Elaine 12 will become a permanent part of the Arkansas Civil Rights Heritage Trail on Tuesday. The Elaine 12 were a group of black sharecroppers in Phillips County who were wrongfully convicted of murder and sentenced to death by all-white juries after the Elaine Massacre of 1919. Eventually, all of the men were freed. Markers commemorating each of them will be unveiled Tuesday during the annual Arkansas Civil Rights Heritage Trail ...
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State's 4 House members all 'no' on impeachment inquiry vote ADG 11/01/19 WASHINGTON -- The four Arkansas Republicans serving in the U.S. House of Representatives voted Thursday to oppose House Democrats' impeachment inquiry, with the state's delegation portraying the process, up to now, as a sham. The deck, they maintained, has been stacked against President Donald Trump and his Republican allies. Democrats have created a "secretive Soviet-style process, [an] investigation that's going on behin...
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World ‘sleepwalking’ toward second financial crisis, warns ex-Bank of England head Micky 10/31/19 The former head of the Bank of England believes that the global financial system is heading towards a second devastating economic crisis – the same kind of crisis that inspired Satoshi Nakamoto to develop Bitcoin. Global financial crisis ahead Speaking at the annual meeting of the International Monetary Fund (IMF) last week in Washington, DC, Mervyn King, the former governor of England’s central ban...
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Hill leads tree planting as a tribute to Roosevelt ADG 10/31/19 WASHINGTON -- In a city polarized by impeachment investigations, Republican and Democratic leaders paused Wednesday to pay tribute to a president from New York who is revered on both sides of the aisle -- Teddy Roosevelt. At the invitation of U.S. Rep. French Hill, R-Ark., House Speaker Nancy Pelosi, D-Calif., and Minority Leader Kevin McCarthy, R-Calif., they planted a tree in honor of the nation's 26th president. As a child, Roose...
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U.S. House formalizes Trump impeachment inquiry in divided 232-196 vote TB&P 10/31/19 The U.S. House of Representatives voted 232-196 Thursday (Oct. 31) to formally open an impeachment inquiry into President Donald Trump over his handling of military aid to Ukraine and possible abuse of power in his request to have foreign leaders investigate a political opponent, former Vice-president Joe Biden. Congressional leaders have been holding closed hearings for weeks on the impeachment probe, but toda...
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Political rivals plant tree together on Capitol lawn in honor of Teddy Roosevelt ABC4 (Salt Lake City) 10/31/19 NEXSTAR (WASHINGTON) – Amid the divisive impeachment inquiry, political rivals in Congress took a moment to plant a tree together in front of the U.S. Capitol in honor of the conservationist president: Theodore Roosevelt. There are nearly 900 trees on the Capitol grounds, but the newest got what lawmakers call “prime real estate” since the man it honors helped establish the National Pa...
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