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 is today announcing plans for a simple global currency and financial infrastructure. Find out more https://t.co/VPS7LllcNn #blockchain #cryptocurrency pic.twitter.com/mdHymhsrcH
— Libra (@Libra_) June 18, 2019
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.
Moving money around globally should be as easy, cost-effective and even more secure than sending a text message or sharing a photo — no matter where you live, what you do, or how much you earn. https://t.co/Eea4vMKYlv #Libra #FinancialInclusion #blockchain #cryptocurrency pic.twitter.com/WXw9Rypxmj
— Libra (@Libra_) June 20, 2019
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New Border wall in ‘smuggler’s gulch’ is working according to CBP agents
Justin De La Torre stated a steep, open canyon between San Diego and Tijuana has been used for decades by immigrants to smuggle drugs into the U.S. from Mexico.
“It has an anti-climb feature, it’s made of steel, it also has a concrete base that prevents digging from underneath, and now we’re able to control this area with the new infrastructure.”
According to California Border Patrol agents, new infrastructure in an area known as “smuggler’s gulch” is making a difference.
President Trump moved to replace the fencing along the San Diego border earlier this year as his administration sped up moves to build taller, stronger border reinforcement.
“This is a smart, strategic, see-through steel barrier — not just a simple concrete wall,”
said the president.
“It will be deployed in the areas identified by border agents as having the greatest need, and as these agents will tell you, where walls go up, illegal crossings go way down.”
Numerous wall construction projects are underway across the Southwest border, including projects in California, Arizona, New Mexico and Texas. — CBP (@CBP) August 25, 2019
“I believe that we in the United States Congress should start impeachment proceedings. Immediately,” he said, adding: “The politics of this be dammed. When we look at history at what happened when the president started acting like an authoritarian. The question is what will we have done? And I believe the Congress should do its job.” “I just want to make sure whatever we do doesn’t end up with an acquittal by [Senate Majority Leader] Mitch McConnell in the Senate and President Trump is saying he was acquitted by the Congress. I belief we have a moral obligation to beat Donald Trump. He has to be a single term president. And we can’t do anything that plays into his hands.” But Colorado Sen. Michael Bennet was more cautious.
New York City Mayor Bill de Blasio said “It’s obvious the president committed the crimes worthy of impeachment.” Sen. Kamala Harris of California, who has said her Justice Department, if elected president, would go forward with obstruction of justices charges against Trump, was the first to elaborate. “We all watched the testimony [former special counsel Robert Muelle], I read the report,” she said. “There are 10 clear incidents of obstruction of justice by this president and he needs to be held accountable. I have seen people go to prison for far less.” Sen. Corey Booker of New Jersey agreed. Former Secretary of the Department of Housing and Urban Development also was in favor of punishment. “I was first of candidate to call on Congress to begin impeachment proceedings,” he said, adding: “I believe that the evidence is plain and clear. And if it goes that far, you’re likely to see a prosecution of Donald Trump.” The progressive Democrats on the stage Wednesday night for the second round of debates among presidential candidates were all in favor of tossing President Donald Trump in jail.
Even though it will add significantly to the national debt, President Donald Trump would prefer that the Senate pass the current budget deal and has acknowledged he will sign the legislation
“When the Democrats won the House, everybody knew we were going to end up spending more money,”
According to acting White House chief of staff, Mick Mulvaney added that the agreement is still a victory for the Trump administration.
“The Democrats wanted to limit our policies on the border, they wanted to limit our policies regarding pro-life, they wanted to limit our policies regarding deregulation — and we won on every single one of those,”
“So, did we spend more money than we wanted to? Yes. Did we get a lot in return. Yes.”
When asked about Trump’s promises as a presidential candidate to quickly balance the budget, Mulvaney quickly deflected all blame for the deficit towards the Democrats.
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DON’T WASTE YOUR TIME! @RealDonaldTrump warns in a tweet to Congress as he renews the call for #TheWall President Trump renewed his call Wednesday for a border wall to be part of a final government spending package, warning congressional negotiators that they are “wasting their time” if they don’t include that funding. “If the committee […]