Washington news in brief
12/15/2019
Arkansas Democrat-Gazette
Rx-drugs-bill vote upsets Democrats
WASHINGTON -- Democratic congressional candidates are criticizing their Republican opponents for opposing legislation designed to rein in prescription costs.
HR3, allowing the federal government to negotiate with drug companies for lower prices, passed 230-192 in the U.S. House… Read more »
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… Read more »
Rep. Hill: “Speaker Pelosi’s Drug Plan Puts Politics Over People”
12/12/2019
KARK4
WASHINGTON, D.C. —Today, Congressmen French Hill (AR-02) released the following statement after voting against H.R. 3, the Pelosi drug pricing plan:
“Once again, Speaker Pelosi decided to put politics over people when she brought her partisan drug plan to the floor knowing that it has no chance of… Read more »
Mnuchin, Powell see no need for Fed to issue digital currency
12/5/2019
BNN Bloomberg
Treasury Secretary Steven Mnuchin said he and Federal Reserve Chairman Jerome Powell don’t expect the U.S. to create a digital currency.
“Chair Powell and I have discussed this -- we both agree that in the near future, in the next five years, we see no need for the Fed to issue a digital… Read more »
POLITICO Playbook: Pelosi to deliver impeachment update at 9 a.m.
12/5/2019
POLITICO
NEWS … Speaker NANCY PELOSI will speak at 9 a.m. to deliver an update on the “status of the House of Representatives’ impeachment inquiry.” Pelosi will speak in the Speaker’s Balcony Hallway, a long, narrow space outside her office.
THIS COMES as House Democrats on the Judiciary Committee have… Read more »
MIL-OSI USA: Rep. Hill Delivers Speech at University of Arkansas’s Fulbright College: “America and Her Place in a Post-Berlin Wall World”
12/4/2019
ForeignAffairs.nz
WASHINGTON D.C. — On Monday, November 25th, Congressman French Hill (AR-02) visited the University of Arkansas, touring the Institute for Nanoscience and Engineering and the Center for Advanced Spatial Technology… Read more »
US Fed Weighs Up Potential CBDC as Countermove against China
11/28/2019
CoinTelegraph
Where just a handful of years ago, the idea would have been immediately dismissed or even met with ridicule, the United States Federal Reserve is now taking the concept of an official dollar stablecoin seriously.
Markets have heard more frequent guidance from the Fed on cryptocurrencies in… Read more »
Hill talks of U.S.' role since World War II
11/26/2019
Arkansas Democrat-Gazette
FAYETTEVILLE -- The United States can't continue to be the "one-man show" it was in the aftermath of World War II, U.S. Rep. French Hill told students, faculty members and administrators at the University of Arkansas, Fayetteville on Monday.
For 70 years, the United States has borne an outsize… Read more »
Health care notebook
11/26/2019
Arkansas Democrat-Gazette
Osteopathic college starts Delta project
The New York Institute of Technology College of Osteopathic Medicine-Arkansas has launched a program dedicated to improving health outcomes in the state's Delta region.
The Delta Population Health Institute will administer rural health initiatives, operate a mobile health unit,… Read more »
Mayflower uses funds from disaster relief to build new city center
11/26/2019
THV11
MAYFLOWER, Arkansas — A city that has been forced to tear down buildings after three catastrophes in six years got to put up a new building for the entire community as Mayflower cut the ribbon on a new city center.
"We've been through so many things in the past few years," said Mayflower Mayor… Read more »