Digital Currency Revolution Series: US Fed Studies Possibility of Digital Dollar and Its Impacts

| Posted in In the News

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…

Fed's Powell Says in Letter to Congress Fed Not Creating Digital Currency

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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.…

Fed Chairman Powell calls U.S. central bank digital currency pointless

| Posted in In the News

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…

Competition for Bitcoin? Also the USA are now planning the introduction of a digital currency

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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…

US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System

| Posted in In the News

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…

The Fed Is Analyzing A Central Bank Digital Currency, But Would The US Benefit As Much As Others?

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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…

Rep. Hill Votes Against Democrat Partisan Impeachment Resolution

| Posted in Press Releases

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…

Congressional delegation praises ISIS chief's death

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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…

Hill chosen ranking member of National Security, International Development, and Monetary Policy Subcommittee

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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…

Arkansans back resolution, raise Syria concerns

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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…

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