Facebook

The #Libra Association has announced it’s planned for a simple global currency and financial infrastructure.

Find out more https://libra.org/en-US/

The Libra Association was initially composed of a handful of large firms, but PayPal Holdings has since severed ties with the project.

Though it seems that even though PayPal may have stepped out of the picture, Facebook is now taking that place. Facebook CEO Mark Zuckerberg is set to testify before the House Financial Services Committee over the platform’s plans to implement its own digital currency. Sources close to the matter this week said Zuckerberg will be the only witness at the hearing later this month.

Though online currency makes people feel uneasy pure and simple is due to the unpredictability and the wild market cycles of similar currencies like Bitcoin. This makes Global regulators wary of how digital currency will impact the financial system. The Libra currency was created to boost e-commerce and advertisements within Facebook with plans to release the cryptocurrency in 2020, but a number of factors may halt the company’s progress. The real concern is that Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data it is also agreed that Congress and regulators have the opportunity to examine the consequences of what happens if Facebook creates such a currency.

What do you think?

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Trump demands resignations over Kavanaugh story at New Mexico rally

“I call for the resignation of everybody at The New York Times involved in the Kavanaugh smear story, and while you’re at it, the Russian witch hunt hoax, which is just as phony a story,” the president said. “They’ve taken the old Grey Lady, so prestigious, and broken her down, destroyed her virtue, and ruined her reputation. She can never See More recover, and will never return to greatness under current management. The Times is dead, long live the New York Times.”

Trump demands resignations over Kavanaugh story at New Mexico rally

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White House orders two former Trump aides not to appear before House committee at impeachment hearing

Spicer spices up ‘Dances With the Stars’ with neon green shirt

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Trump administration takes aim at teen vaping, proposes ban on non-tobacco flavored e-cigarettes

In a major win for the Trump administration, the Supreme Court issued an order late Wednesday ending all injunctions that had blocked a White House ban on asylum for anyone trying to enter the U.S. via a third country, such as Mexico, without seeking protection there.

The Supreme Court’s order was not a final ruling on the policy’s merits but does allow the See More policy to take effect nationwide, including in the 9th Circuit, while the case makes its way through the lower courts.

Supreme Court allows Trump asylum restrictions to take effect, ending 9th Circuit injunctions
2020 Democrats to debate in Houston on Thursday with trimmed-down lineup
Trump administration takes aim at teen vaping, proposes ban on non-tobacco flavored e-cigarettes
Trump delays China tariffs increase in gesture of goodwill
NCAA warns Calif. governor about college athlete ‘fair pay’ bill
OxyContin maker reaches settlement with 2,000 plaintiffs in opioid crisis

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DOJ sends gun legislation package to White House as debate rages over mass shootings

The Department of Justice has sent a package of legislative proposals on gun violence to the White House, a person familiar with the matter told Fox News, as the debate rages over how lawmakers and the president should respond to a recent spate of deadly mass shootings. The White House has had the proposals for two weeks, according to the source, but has not yet sent anything See More along to Capitol Hill. It was not immediately clear what proposals are included in the DOJ package.

Safety deficiencies suspected in dive boat fire after preliminary investigation: report
And about ‘Sharpiegate’ …
DOJ sends gun legislation package to White House as debate rages over mass shootings
August jobs report to be released
Robert Mugabe, longtime ruler of Zimbabwe, dead at 95

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