U.S. House Members: IRS Crypto Tax Guidance Raises ‘New Questions’

| Posted in In the News

U.S. House Members: IRS Crypto Tax Guidance Raises ‘New Questions’ 12/22/2019 DCE Brief Eight members of the U.S. Congress have asked the Internal Revenue Service (IRS) to provide additional information about the agency’s cryptocurrency tax guidelines. In a December 20 letter to IRS Commissioner Charles Rettig, the representatives asserted that the guidelines released by the agency…

Remarks by President Trump at Signing Ceremony for S.1790, National Defense Authorization Act for Fiscal Year 2020

| Posted in In the News

Remarks by President Trump at Signing Ceremony for S.1790, National Defense Authorization Act for Fiscal Year 2020 12/21/2019 White House Press Joint Base Andrews Prince George’s County, Maryland 7:51 P.M. EST THE PRESIDENT: Well, thank you very much. And, thank you, Melania. And hello, Joint Base Andrews — special place. At ease. We have good news for you. On…

The current landscape of central bank digital currencies

| Posted in In the News

The current landscape of central bank digital currencies 12/13/2019 Brookings During Mark Zuckerberg’s testimony to the House Financial Services Committee on October 23, 2019, he pointed to the threat posed by China’s incoming state-run digital currency as the reason U.S. regulators should be more accommodating toward Facebook’s Libra cryptocurrency. Interestingly, Libra was the…

Rep. Hill Secures Multiple Victories for Arkansas in FY20 National Defense Bill

| Posted in Press Releases

WASHINGTON, D.C. — Today, Congressman French Hill (AR-02) released the following statement after voting in favor of the Conference Report for the FY 2020 National Defense Authorization Act (NDAA): “I believe that ensuring the safety and security of the American people is the most important job I have as member of Congress. To achieve that goal, we must support and properly fund…

Trump faces 2 impeachment articles; charges allege abuse of power, obstruction

| Posted in In the News

Trump faces 2 impeachment articles; charges allege abuse of power, obstruction 12/11/2019 Arkansas Democrat-Gazette WASHINGTON -- House Democratic leaders Tuesday formally called for President Donald Trump's removal from office in two articles of impeachment that charged him with abusing his power and obstructing Congress, asserting that he "ignored and injured the interests of the…

With articles of impeachment filed, Arkansas’ all-GOP delegation remains solidly in Trump’s corner

| Posted in In the News

With articles of impeachment filed, Arkansas’ all-GOP delegation remains solidly in Trump’s corner 12/10/2019 TB&P With House Democrats unveiling two articles of impeachment against President Donald Trump on Tuesday (Dec. 10), Arkansas’ four GOP Congressmen remain unmoved in their opposition. The two articles of impeachment accuse Trump of abuse of power and obstruction of…

Treasury Secretary Mnuchin & Fed Chair Powell: No Plans for National Cryptocurrency

| Posted in In the News

Treasury Secretary Mnuchin & Fed Chair Powell: No Plans for National Cryptocurrency 12/9/2019 Your Crypto Hub According to Treasury Secretary Steven Mnuchin, the U.S. government sees no use of diving into cryptocurrency anytime soon. Mnuchin was speaking at the House Financial Services Committee in Washington. The decision to not creating a national digital currency comes…

US House Financial Services Committee: US Treasury Secretary Mnuchin Says “No Need” for Federal Digital Currency (CBDC)

| Posted in In the News

US House Financial Services Committee: US Treasury Secretary Mnuchin Says “No Need” for Federal Digital Currency (CBDC) 12/8/2019 Crowdfund Insider US Secretary of the Treasury Steve Mnuchin told members of the US House Financial Services Committee Thursday that both he and Federal Reserve Chairman Jerome Powell feel there is “no need” for the US to develop a digital currency in…

Steve Mnuchin Does Not Expect US to Issue Digital Dollar in next 5 Years

| Posted in In the News

Steve Mnuchin Does Not Expect US to Issue Digital Dollar in next 5 Years 12/6/2019 CoinTelegraph United States Secretary of the Treasury Steven Mnuchin said that he and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the country. Mnuchin delivered his comments during a House Financial Services Committee hearing in…

Digital Currency Revolution Series: A Glimpse At Global Central Banks’ Obsession of Own Digital Currencies

| Posted in In the News

Digital Currency Revolution Series: A Glimpse At Global Central Banks’ Obsession of Own Digital Currencies 12/5/2019 EconoTimes From the recent past, there were hush-hush talks that a top Fed official has mentioned that the US Central Bank is pondering over the idea of a digital dollar, while Democratic and Republican members of Congress communicated with the Fed Chairman Jay…

Keep In Touch

Please sign up below to receive my weekly newsletter and get the latest news and updates directly to your inbox.