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 »
President to appoint Sarah Huckabee Sanders as member of Fulbright board
Arkansas Democrat Gazette
10/21/19
WASHINGTON -- President Donald Trump plans to appoint a former press secretary, Sarah Huckabee Sanders of Arkansas, to serve on the J. William Fulbright Foreign Scholarship Board, the White House announced last week.
The 12-member body oversees the Fulbright Program, which… Read more »
Legislation re-introduced in House to expand pool of accredited investors
Investment News
10/21/19
Legislation that would allow more investors to purchase unregistered securities faces some of the same legislative obstacles that stymied last year's measure.
Reps. French Hill, R-Ark., and David Schweikert, R-Ariz., introduced the Fair Investment Opportunities for Professional… Read more »
WASHINGTON NEWS IN BRIEF: Crawford on inquiry; Arkansas teen honored in D.C. for advocacy; state’s Snyder, Hill honor Cummings
Arkansas Democrat Gazette
10/20/19
WASHINGTON — Portraying the impeachment inquiry as partisan skulduggery, U.S. Rep. Rick Crawford, R-Ark., said the investigation shouldn’t distract lawmakers from their primary responsibilities.
The lawmaker from… Read more »
Facebook’s cryptocurrency Libra finding few friends in government, banking industry
Daily Voice Plus
10/19/19
Invoke the prefix “crypto” to most people, and negative thoughts are likely to follow; after all, dictionary.com defines the term as a noun meaning “a person who secretly supports or adheres to a group, party, or belief” and an adjective meaning “secret or hidden; not… Read more »
Hill chosen ranking member of National Security, International Development, and Monetary Policy Subcommittee
The Ripon Advance
10/18/19
Members of the U.S. House Financial Services Committee on Oct. 16 named U.S. Rep. French Hill (R-AR) ranking member of the U.S. House Financial Services Subcommittee on National Security, International Development, and Monetary Policy.
“Ranking… Read more »
