Digital Currency Revolution Series: US Fed Studies Possibility of Digital Dollar and Its Impacts 1/21/2019 EconoTimes In the era digital world, the digital currencies are evolving amid economic and financial turbulence across the globe. Regulatory frameworks have been conducive but stringent. For a classic instant, as the global regulators have been tormentors to slam and defer the plans of Facebo... Read more »
Fed's Powell Says in Letter to Congress Fed Not Creating Digital Currency 11/21/2019 Morningstar Federal Reserve Chairman Jerome Powell said in a letter to a congressman on Tuesday that the U.S. central bank doesn't currently have plans to launch a digital currency and sees the adoption of something like it difficult in the U.S. Mr. Powell's comments come from a letter to Rep. French Hill (R., Ark... Read more »
Fed Chairman Powell calls U.S. central bank digital currency pointless 11/21/2019 Modern Consensus Federal Reserve Chairman Jerome Powell poured cold water on the idea of a United States-issued central bank digital currency (CBDC) happening anytime soon. In a November 19 response to questions from Rep. French Hill (R-Ark.) and Rep. Bill Foster (D-Ill.), Powell wrote, “it is not yet clear what addi... Read more »
Competition for Bitcoin? Also the USA are now planning the introduction of a digital currency 11/21/2019 Cryptocurrency The Chairman of the US Federal reserve’s Jerome Powell, has confirmed: The U.S. is planning for the introduction of a digital Central Bank currency (CBDC). America is following in many other countries that want to introduce national digital currencies. At the beginning of the wee... Read more »
US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System 11/20/2019 CoinTelegraph The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose. Federal Reserve Board Chairman Jerome Powell provided a response to U.S. Representatives French Hill and Bill Fosters’ request on wh... Read more »
The Fed Is Analyzing A Central Bank Digital Currency, But Would The US Benefit As Much As Others? 1/20/2019 Bitcoin Exchange Guide The U.S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency ... Read more »
WASHINGTON, D.C. —Today, Congressmen French Hill (AR-02) released the following statement after voting against the Democrat impeachment resolution: “Speaker Pelosi announced her initial ‘impeachment inquiry’ 38 days ago. Over the last five weeks, Democrat leaders have run a secretive, partisan impeachment inquiry, hidden away from members of Congress, that is unprecedented and unfair to the centra... Read more »
Congressional delegation praises ISIS chief's death Arkansas Democrat-Gazette 10/28/19 WASHINGTON -- Members of the Arkansas congressional delegation welcomed news Sunday of the death of Abu Al-Baghdadi, the self-proclaimed caliph of the Islamic State. In a text message, U.S. Rep. Rick Crawford, a Republican from Jonesboro, lauded those who made the successful raid possible. "In dealing a death bl... 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 Member Hill has pro... Read more »
Arkansans back resolution, raise Syria concerns Arkansas Democrat Gazette 10/17/2019 WASHINGTON -- U.S. House members from Arkansas criticized the White House on Wednesday for not doing more to prevent Turkish attacks on America's Kurdish allies. All four Republicans backed a bipartisan resolution warning that an abrupt military withdrawal would be "beneficial to adversaries of the United States g... Read more »
