WASHINGTON, D.C. — This past week, Congressman French Hill (AR-02), continued to be a leading voice in crafting the future of financial technology and data privacy impacting American consumers.
On Friday, Congressman Hill joined Fox News' America's Newsroom to discuss Facebook CEO Mark Zuckerberg's appearance before the House Financial Services Committee and the… Read more »
The Rise of Crypto: Could Bitcoin Reach $12,000 by 2020?
Newsmax Financial
10/29/19
This is a big week for bitcoin.
The world’s largest cryptocurrency by market capitalization will, I believe, experience a breakout hitting $12,000 before the end of 2019 — if it stays above the $8,500 support this week.
Bitcoin’s 20 percent surge last weekend brought an end to the lull period… Read more »
Rep. Schweikert, colleague introduce bill to increase investment opportunities
Chamber Business News
10/29/19
In order to get their product or service off the ground, most small companies turn to startup funds in the private sector, where they can sell securities to “accredited investors.”
To obtain accreditation, a person or business entity must meet a certain threshold of… Read more »
WASHINGTON, D.C. — Today, Congressman French Hill (AR-02), Ranking Member of the House Financial Services Subcommittee on National Security, International Development, and Monetary Policy, released the following statement after the Federal Housing Finance Agency (FHFA) announced a new strategic plan for the future of the government-sponsored enterprises, (GSEs) Fannie Mae and Freddie… Read more »
Click HERE or on the picture above to watch the full interview with Congressman Hill on Morning Joe.
WASHINGTON, D.C. — Today, Congressman French Hill (AR-02) joined MSNBC's Morning Joe to discuss Facebook CEO Mark Zuckerberg's appearance before the House Financial Services… Read more »
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 »
WASHINGTON, D.C. — Today, the top Republican on the House Financial Services Subcommittee on National Security, International Development, and Monetary Policy, Congressman French Hill (AR-02) questioned Facebook CEO Mark Zuckerberg about plans to introduce a new digital currency, Libra, as well as how to protect individual data privacy.
Click on the video below to watch Congressman… 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 »