![Fed’s real-time payment system gets mixed reviews from financial experts]()
by Bing Xiao | Oct 31, 2019 | Business & Tech, Featured
WASHINGTON – The Federal Reserve’s planned real-time payment system isn’t necessary and could disrupt real-time payment options created by banks and private industry, Republican Rep. Ted Budd and several financial experts said Thursday. The Fed announced in August...
![Experts divided on Fed’s real-time payment system]()
by Bing Xiao | Oct 31, 2019 | Business & Tech
WASHINGTON — The Federal Reserve’s real-time payment system could be a transfer platform for individuals and businesses, a number of top financial experts said Thursday at the American Action Forum. WASHINGTON — Three top financial experts discussed...
by Silvia Martelli | Oct 29, 2019 | Business & Tech, Featured
WASHINGTON — Boeing’s chief executive admitted to Congress on Tuesday that the aircraft manufacturer made some mistakes in the design of its Max 737, resulting in two crashes last year that killed 346 people and the grounding of the troubled aircraft. CEO Dennis...
![Hearing highlights necessity of private data protection legislation]()
by Brian Johnson | Oct 24, 2019 | Business, Business & Tech
WASHINGTON – Senators on the Banking, Housing, and Urban Affairs Committee generally agreed Thursday that Congress must pass legislation to increase data privacy protections, but that’s where the agreement ended. Congress should pass comprehensive data privacy...
by Piper Hudspeth Blackburn and Silvia Martelli | Oct 23, 2019 | Business & Tech, Featured
WASHNGTON — Facebook might have to modify its involvement in the proposed digital currency project Libra if it does not receive approval from U.S. regulators, CEO Mark Zuckerberg said on Wednesday at a House Financial Services Committee hearing. Libra, which...
by Piper Hudspeth Blackburn | Oct 16, 2019 | Business & Tech
WASHINGTON – Members of Congress Wednesday pressed social media companies on their role in the spread of illegal content such as child pornography and the sale of weapons and drugs. Two congressional subcommittees met to review a section of the Communications Decency...
