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| December 19, 2018

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Google CEO backs privacy law, denies bias in remarks to Congress

December 11, 2018 |

Google Chief Executive Sundar Pichai backed privacy legislation and denied the company is politically biased, according to a transcript of testimony he plans to deliver to Congress on Tuesday.

“I lead this company without political bias and work to ensure that our products continue to operate that…


L.A. Times – Business

TMZ

George H.W. Bush’s State Funeral Draws White House, Congress and SCOTUS Luminaries

December 3, 2018 |

George H.W. Bush is being honored by Washington, D.C.’s biggest power players — past and present — as a week-long memorial gets underway. The State Funeral for our 41st President was held Monday in the Capitol Rotunda and the attendees…

TMZ.com

Schiff says Trump is ‘weak,’ promises to call acting Attorney General Whitaker before Congress

November 25, 2018 |

Rep. Adam Schiff, D-Calif, continued his public feud with President Trump on Sunday, calling him “weak” and promising to get to the bottom of Matthew Whitaker’s appointment as acting attorney general.
FOX News

Midterm winners make history on Election Night, from youngest woman elected to Congress to richest governor

November 7, 2018 |

From one state’s first elected female senator to the richest governor ever, here’s a look at a handful of candidates with historic wins.
FOX News

Congress wants to hear from everyone but consumers in a hearing on consumer privacy

September 25, 2018 |

The Senate Committee on Commerce, Science and Transportation will hold a hearing Wednesday on “Examining Safeguards for Consumer Data Privacy,” intended as an opportunity for lawmakers to learn about “possible approaches to safeguarding privacy more effectively.”

That’s great except for two small…


L.A. Times – Business

Tech companies drag down market as social media execs face Congress

September 5, 2018 |

U.S. stocks are mostly lower as technology companies lag the rest of the market for a second day.

Social media companies slipped at the start of congressional hearings where executives from Facebook and Twitter will testify about their efforts to prevent disinformation and election meddling.

Facebook…


L.A. Times – Business

Bob Goodlatte Becomes First Member of Congress to Disclose Crypto Holdings

August 7, 2018 |

Bob Goodlatte Becomes First Member of Congress to Disclose Crypto Holdings

Bob Goodlatte, the chair of the House Committee on the Judiciary, has reported his private cryptocurrency holdings – making Mr. Goodlatte likely the first member of the United States Congress to disclose private investments in the form of virtual currencies.

Also Read: Bank of Thailand Green-Lights Financial Companies for Crypto Activities

Member of U.S. Congress Holds Between $ 17,000 and $ 80,000 USD in Crypto

Bob Goodlatte Becomes First Member of Congress to Disclose Crypto HoldingsRepresentative Bob Goodlatte, the chair of the House Committee on the Judiciary, has reportedly become the first member of the United States Congress to report private cryptocurrency investments.

As per Mr. Goodatte’s annual financial disclosure report that was filed on the 10th of May 2018, Mr. Goodlatte owns Bitcoin Core (BTC), Bitcoin Cash (BCH), and Ethereum (ETH).

The report indicates that Mr. Goodlatte then owned between $ 15,001 and $ 50,000 worth of BTC, whilst also holding positions in BCH and ETH valued at between $ 1,001 and $ 15,000 each.

Representative Goodlatte a Likely Candidate for Crypto Holdings

Bob Goodlatte Becomes First Member of Congress to Disclose Crypto HoldingsMr. Goodlatte’s private cryptocurrency investments have come as little surprise to some analysts, as Mr. Goodlatte’s son, Bobby Goodlatte Jr., is an angel investor in major cryptocurrency exchange, Coinbase.

Mr. Goodlatte is also a member of the Congressional Blockchain Caucus – a bipartisan pro-cryptocurrency and distributed ledger technology lobbyist group formed in 2017 by Arizona Republican, David Schweikert, and Colorado Democrat, Jared Polis.

Mr. Goodlatte Discloses Holdings Prior to House Ethics Committee Mandate

Bob Goodlatte Becomes First Member of Congress to Disclose Crypto HoldingsOn the 18th of June, the United States Office of Government Ethics published a legal advisory requiring all employees of the United States executive branch to disclose cryptocurrency ownership. The mandate gave lawmakers 45 days to report any virtual currency holdings, as with any other asset.

The advisory came following the efforts of Congressional Blockchain Caucus co-founder, Jared Polis, who, in February, petitioned the House Committee on Ethics to provide guidance regarding how politicians should disclose virtual currency holdings.

Many analysts are expecting Mr. Polis to also reveal cryptocurrencies holdings within the near future, given his actions and advocacy within the virtual currency sphere.

Do you expect more members of Congress to report private cryptocurrency investments? Join the discussion in the comments section below!


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The post Bob Goodlatte Becomes First Member of Congress to Disclose Crypto Holdings appeared first on Bitcoin News.

Bitcoin News

Kavanaugh on the Supreme Court could help restore the power of Congress vs. the administrative state

August 6, 2018 |

When The Framers designed the Constitution’s separation of powers, they thought that Congress would be the most powerful of the three branches.
FOX News

Northrop CEO tells Congress cost overruns for new space telescope should not be paid by company

July 26, 2018 |

Northrop Grumman Corp.’s chief executive acknowledged Thursday that the company contributed to launch delays for a next-generation successor to the Hubble Space Telescope, but he balked at a suggestion during a congressional hearing that the defense giant pay for the cost overruns itself.

The exchange…


L.A. Times – Business

CNN

FARC members join Colombia’s Congress

July 22, 2018 |

Ten former members of the Revolutionary Armed Forces of Colombia have officially become legislators in Colombia’s Congress.
CNN.com – RSS Channel – Regions – Americas