In the News

Fear of Facebook spurs momentum for Fed to build its own digital currency Politico 10/16/19 Lawmakers and Federal Reserve officials are so concerned about Facebook’s plans to launch a new digital currency that they’re contemplating a novel response — having the central bank create a competitor. Momentum is building for an idea that was once considered outlandish — a U.S.… Read more »

A Democrat and a Republican ask, 'Can we be friends again?' The Hill 10/15/19 We are political adversaries of a sort. One of us chaired the Democratic Congressional Campaign Committee, while the other chaired the National Republican Campaign Committee. We differ on impeachment. We are not naive enough to believe there is any way of reconciling our opinions on these issues. We do,… Read more »

Threatened by Libra, US Central Bankers Reconsider a ‘FedCoin’ BeInCrypto  10/15/19 Facebook’s proposed digital currency, Libra, appears to have forced the US Federal Reserve to reconsider the idea of issuing its own purely digital means of payment. The issue is expected to be a hot topic at meetings of the International Monetary Fund and World Bank this week. According to… Read more »

Education News: 10.11.19 Times Record 10/11/19 Southside Quiz Bowl team ranked The Southside Quiz Bowl team was ranked second among 7A schools in a preseason poll of participating Arkansas Governor’s Quiz Bowl Association coaches, according to a news release. Other top ranked teams include Conway, Fayetteville Little Rock Central and Bryant. The poll was administered by… Read more »

SAVE10 financial initiative kicks off in Little Rock Talk Business & Politics 10/10/19 A new statewide initiative with the goal of urging women to bolster their savings to stave off debt and invest for retirement was launched Thursday (Oct. 10) at the Little Rock corporate offices of Simmons Bank. The women’s only movement, called SAVE10, is the brainchild of co-founders… Read more »

South Arkansas students part of Sen. Boozman's Congressional Youth Cabinet Magnolia Reporter 10/10/19 WASHINGTON – Arkansas high school students are exploring and offering solutions to national issues as members of U.S. Sen. John Boozman’s Congressional Youth Cabinet. The program is in its third year and seeks to expose students to the legislative process and opportunities for… Read more »

DRA Announces $2.2 Million Investment into Arkansas Communities The Pine Bluff Commercial 10/09/19 CLARKSDALE, MS – On Monday, the Delta Regional Authority (DRA) made a $2,228,104 investment that will strengthen public infrastructure and train the next generation of workforce to grow the region’s economy and create jobs, DRA Federal Co-Chairman Chris Caldwell and Arkansas Governor… Read more »

Ripple CEO Warns U.S. Dollar at Risk of Being Displaced by China Community College Network 10/09/19 As tensions continue to flare between the U.S. and China amid further trade war competitiveness, Ripple CEO Brad Garlinghouse has pitted the two superpowers against each other yet again, suggesting that America is falling behind China on crypto innovation. China’s work on its… Read more »

Congressional redistricting: 10 years of political change Talk Business & Politics  10/08/2019 For the last 10 years, Arkansas’ population has been slowly growing, becoming more suburban, and shifting from the southeast to the northwest. The effects have been broad and obvious. But they have taken place over time. After a new census in 2020, Arkansas will experience a more… Read more »

EU finance commissioner vows Libra regulation Decrypt 10/08/19 The bureaucrats’ resistance to Libra continues apace, with the EU's Finance Commissioner Valdis Dombrovskis today vowing to regulate digital currencies like Facebook’s Libra, should he be re-elected. “Europe needs a common approach on crypto-assets such as Libra,” Dombrovskis told Union members at a confirmation… Read more »