Politics

WASHINGTON (Reuters) – Democratic and Republican lawmakers said on Tuesday that Facebook Inc’s track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labeling the plan “delusional” and “crazy” at a Senate hearing. David Marcus, head of Facebook’s Calibra (digital wallet service), testifies before a Senate
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FILE PHOTO: U.S. ambassador to Japan William Hagerty speaks during the Wall Street Journal CEO Conference in Tokyo, Japan May 15, 2018. REUTERS/Toru Hanai/File Photo (Reuters) – U.S. Ambassador to Japan William Hagerty is resigning this month after two years in office, the U.S. Embassy said on Tuesday. Hagerty, who succeeded Caroline Kennedy as envoy
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(Reuters) – A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters. Small toy figures are seen on representations of virtual currency
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WASHINGTON (Reuters) – Democrats see U.S. President Donald Trump becoming increasingly vulnerable to criticism about healthcare costs after the administration’s decision to scrap a proposal to lower drug prices, and 2020 White House candidates are rushing to seize the spotlight on the issue. FILE PHOTO: U.S. President Donald Trump delivers remarks on supporting the passage
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FILE PHOTO: Britain’s ambassador to the United States Kim Darroch listens as U.S. President Donald Trump and British Prime Minister Theresa May hold a joint news conference at the White House in Washington, U.S., January 27, 2017. REUTERS/Carlos Barria WASHINGTON (Reuters) – U.S. President Donald Trump on Friday offered good wishes to Britain’s former ambassador
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WASHINGTON (Reuters) – U.S. Labor Secretary Alexander Acosta on Wednesday dismissed calls for his resignation and defended a non-prosecution agreement he approved more than 10 years ago with financier Jeffrey Epstein, who has now been charged with sex trafficking in underage girls. U.S. Labor Secretary Alexander Acosta makes a statement on his involvement in a
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