Joe biden

The U.S. Securities and Exchange Commission appears likely to work on its first guidelines for cryptocurrencies after President Joe Biden 's nominee to lead the agency promised to provide "guidance and clarity" to the rapidly evolving market. Speaking during his confirmation hearing before the Senate Banking Committee on Tuesday, Gary Gensler offered the first thoughts on handling cryptocurrencies if he is confirmed to lead the top U.S. markets regulator. " Bitcoin and other cryptocurrencies brought new thinking to payments but raised new issues of investor protection we still need to attend to," Gensler told lawmakers, describing them as "catalysts for change." As SEC chairman, he would promote the new technology while ensuring investor protections, he said. The SEC has not adopted rules specifically tailored to cryptocurrencies and how they should be treated by people and companies, which some argue has created an unclear rulebook. "It's important for the SEC to provide … [Read more...] about Joe Biden’s SEC chair nominee signals more regulation for cryptocurrencies

The largest congressional Republican caucus has issued a statement condemning what it calls President Joe Biden 's "dangerous" Iran strategy, as domestic conservatives and Tehran-skeptic foreign allies seek to undermine the White House's plan to revive the Joint Comprehensive Plan of Action (JCPOA) nuclear deal. The statement came just hours before the latest militant attack on American and allied forces in Iraq. Unidentified militants fired a rocket barrage at the Ain Al Asad airbase in western Iraq early on Wednesday, with early reports indicating that one civilian contractor had been killed. Operation Inherent Resolve spokesperson Colonel Wayne Marotto issued a statement on Twitter with an initial report on the attack explaining that 10 rockets were fired at Al Asad at around 7:20 a.m. local time Wednesday. Iraqi special forces "are leading the response & investigation," Marotto said. AFP reported that one civilian contractor died of a heart attack during the attack. … [Read more...] about Joe Biden’s Iran Strategy Is ‘Dangerous,’ Republicans Say Before Fresh Rocket Attack

President Joe Biden said Tuesday that he did not believe there was a migration crisis on the southern border. Biden commented after concluding remarks about the ongoing national effort to develop and deliver coronavirus vaccines. One reporter asked the president if he believed there was a crisis on the southern border. “No,” he replied. “We’ll be able to handle it. God willing.” Biden confirmed he was briefed on the looming surge of unattended migrant children at the border. When he was asked what he learned, the president replied shortly “A lot.” The Department of Homeland Security predicts there will be 117,000 unaccompanied child migrants crossing the border in 2021, according to an Axios report. Additionally, officials advised that the United States would need 20,000 beds to house incoming child migrants. In January alone, 6,000 migrants aged 16 and 17 were caught, according to the prepared report. Biden commented after Department of Homeland Security … [Read more...] about Joe Biden: ‘No’ Crisis on the Southern Border — ‘We’ll Be Able to Handle It’

Arkansas Attorney General Leslie Rutledge (R) told The Kyle Olson Show this week a group of attorneys general may take legal action against President Joe Biden’s executive order canceling the Keystone XL pipeline. “President Biden’s decision to cancel the Keystone pipeline is canceling jobs, it’s canceling energy independence, it’s canceling money in Americans’ pocketbooks,” Rutledge said. Rutledge said she spoke with Arkansans who were working on or were going to work on the pipeline. “We had the Keystone pipeline being produced right here in central Arkansas,” she said. The pipe now lays dormant on the ground “and [is] not being put into place.” Rutledge joined Montana Attorney General Austin Knudsen (R) and 12 other attorneys general in signing a letter to Biden, which read in part: As the chief legal officers of our states, we write with alarm regarding your unilateral and rushed decision to revoke the 2019 Presidential Permit for the Keystone XL pipeline. Your … [Read more...] about Arkansas AG Leslie Rutledge: Joe Biden Keystone Pipeline Decision ‘Cancelling Jobs’

This story is being co-published with The Daily Poster After weeks of progressive pressure, president-elect Joe Biden on Monday promised to immediately deliver $2,000 stimulus checks to millions of Americans if Georgia Democratic senate candidates Raphael Warnock and Jon Ossoff win their races this week. The comments come a month after Biden reportedly told congressional Democrats to accept stimulus legislation that included no checks. "One state can chart the course—not just for the next four years, but for the next generation," Biden said in a Monday evening speech in Atlanta. "By electing Jon and the Reverend you can make an immediate difference in your own lives, the lives of people all across this country because their election will put an end to the block in Washington on that $2,000 stimulus check, that money that will go out the door immediately to people who are in real trouble." Biden's change of heart comes only a month after he helped persuade congressional … [Read more...] about Joe Biden’s Change of Heart on $2,000 Stimulus Checks Shows Power of Bernie Sanders