In the News

Why Facebook's Libra has a friend in GOP Senator Mike Rounds Yahoo! Finance 10/24/19 Facebook (FB) CEO Mark Zuckerberg emerged from a grilling Wednesday on Capitol Hill, where members of the House Financial Services Committee blasted him over plans to create a new cryptocurrency, among a host of other issues. Yet despite the barrage of criticism, Zuckerberg does have at least… Read more »

Zuckerberg’s Libra testimony: “not going to do anything decentralized” Ledger Insights 10/24/19 Yesterday, Facebook CEO Mark Zuckerberg testified in front of the US House Committee on Financial Services on Libra and how big tech companies are affecting global finance. Though the six-hour hearing mainly focused on the platform’s political ad rules and privacy controversies, ahead of… Read more »

MIL-OSI USA: Rep. Hill Named Congressional Champion by In Defense of Christians for Supporting Egypt’s Coptic Christians ForeignAffairs 10/23/19 WASHINGTON, D.C. — Recently, Congressman French Hill (AR-02) received In Defense of Christians’ (IDC) 2019 Congressional Champion award for his “extraordinary commitment to the human rights and religious freedom of Christian and other… Read more »

Let Prisoners Use Pell Grants Education Next 10/23/19 “Two men looked out from prison bars. One saw the mud, the other saw stars.” – Dale Carnegie Carnegie’s words metaphorically capture two distinctly different perspectives of inmates contemplating release from prison. What can make the difference for inmates facing an uncertain future both in and after prison? The surprising… Read more »

Brawner: What Crawford, Westerman must consider with Trump Greenwood Democrat 10/23/19 I don’t know the real reasons why people do things, including often myself. This column is about considerations. Last week, all four U.S. House of Representatives members from Arkansas voted for a resolution criticizing President Trump’s decision to let Turkey attack the Kurds. It passed… Read more »

Crypto chief: Centralised digital currencies could deter corruption Bobs Guide 10/23/19 The ability to program digital currencies could grant central banks greater control over the monetary system, according to co-founder of cryptocurrency investment platform Revix, Sean Andrew Sanders. “Physical cash has limitations in terms of corruption, terrorist financing. You have all… Read more »

'You're trying to help drug dealers': Zuckerberg faces angry lawmakers at Libra hearing The Guardian 10/23/19 Mark Zuckerberg faced hostile questioning in the US Congress from politicians of both parties as he sought to reassure them the planned digital currency Libra could be a force for good. The more than six hours of testimony before the House financial services committee on… Read more »

Some lawmakers remain skeptical of Trump administration housing market overhaul plan WHNT 19 News 10/22/19 WASHINGTON D.C. - The Trump administration plans to change how Americans take out loans to buy their homes. But housing advocates worry some of the proposals could raise mortgage rates and make it harder for some people to obtain a mortgage, particularly those in low-income,… Read more »

FHFA's Calabria is open to wiping out Fannie, Freddie shareholders American Banker 10/22/19 WASHINGTON — At the second of two hearings to examine the Trump administration's housing finance reform blueprint, key officials charged with implementing the plan made clear they are abundantly focused on Fannie Mae and Freddie Mac's capital levels. Members of the House Financial… Read more »

Congressman Kim Calls on Committee to Consider Bipartisan Veterans Bill Insider NJ 10/22/19 WASHINGTON, DC – Today, Congressman Andy Kim (NJ-03) submitted the following statement for the record to the House Veterans Affairs Committee as part of their legislative hearing of H.R. 4360, the VA Overpayment Accountability Act. H.R. 4340 was introduced by Congressman Kim and Congressman… Read more »