Tag: Elizabeth Warren

Cryptocurrency News: US Regulators Should ‘Maybe’ Ban Crypto + Digital Asset Anti-Money Laundering Act of 2022

Tina Marie (Ms. Cat)

Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto

The senator [Sherrod Brown] also pointed to numerous incidents to back up his claims, not just the recent collapse of FTX but also issues such as “the threat to national security from Korean cyber criminals to drug trafficking and human trafficking and financing of terrorism and all the things that can come out of crypto.”

…

Senator Elizabeth Warren unveiled a new bill governing cryptocurrencies earlier this month, dubbed the Digital Asset Anti-Money Laundering Act.

Warren’s bill would look to force crypto asset providers to offer audited financial statements and impose bank-like capital requirements more in line with what is expected of traditional financial institutions. The act would also give the SEC increased powers to regulate the asset class.

Get ready for the Digital Dollar!

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How the POW/MIA flag took over America: Have You Forgotten Him?

Tina Marie (Ms. Cat)

THE BIDEN ADMINISTRATION PROMISED a return to normalcy, but one of its most telling acts of restoration passed with barely any comment. Early last year, the administration hoisted the POW/MIA flag above the White House, where it had flown for decades until Donald Trump abruptly relocated it to the South Lawn in 2020. In an era when even the most minor symbolic sparks can ignite endless outrage, few Americans noticed Biden’s gesture—and why should they? Reverence for the POW/MIA flag is a truly bipartisan position. Left, right, and center united when Senators Elizabeth Warren, Tom Cotton, and Maggie Hassan penned a letter asking Biden to “restore the flag to its place of honor” just days after his inauguration.

Have You Forgotten Him?

Netanyahu Says US Must ‘Reaffirm’ Alliance With Saudi Arabia + More [Abraham Accords]

Tina Marie (Ms. Cat)

Netanyahu Says US Must ‘Reaffirm’ Alliance With Saudi Arabia

The incoming prime minister said that he wants to build on the Abraham Accords, which his former government signed in 2020 to establish diplomatic ties with Bahrain and the UAE. Netanyahu said it’s “up to the leadership of Saudi Arabia if they want to partake in this effort.”

Saudi officials recently reaffirmed that they seek a Palestinian state as a precondition for normalizing with Israel. But in order to form a coalition government, Netanyahu gave Religious Zionism party leader Bezalel Smotrich, an ultranationalist settler, sweeping powers over the West Bank.

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Pentagon Profiteers: Executive Compensation in the Arms Industry

Tina Marie (Ms. Cat)1 Comment

Pentagon Profiteers: Executive Compensation in the Arms Industry

Another way to understand the size of CEO compensation at the big contractors is to look at how many jobs would be created if that $287 million were spent on something else. The answer is that spending that money on productive activities would create thousands of jobs: 2,812 jobs in clean energy or infrastructure; 4,104 jobs in health care; and 4,362 in education, calculated using data on the jobs impact of government spending generated by Heidi Peltier for the Brown Costs of War Project.