Tag: Government
Former Coinbase exec is now down with OCC (the Office of the Comptroller of the Currency)
Former Coinbase chief legal officer Brian Brooks has been tapped as the chief operating officer and first deputy comptroller of the Office of the Comptroller of the Currency, beginning April 1, 2020. In the role, Brooks will help the OCC in its mission of chartering, regulating and supervising national banks…
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Amazon CEO Jeff Bezos has been in regular contact with the White House on coronavirus pandemic
During a White House briefing on Monday detailing new recommendations regarding public health from the administration’s coronavirus task force and the CDC, President Trump was asked by a member of the press corps about reports that the White House is in “daily” contact with Amazon CEO Jeff Bezos regarding the…
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Lawmakers look to bridge ‘homework gap’ with subsidized Wi-Fi hotspots for students
Schools around the country are closing, and while some universities are able to switch to online classes, that’s not really an option for K-12 students, many of whom lack the necessary equipment or connection at home to do so. Legislators and the FCC are hoping to fix at least part…
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President says Senate to revise House aid bill to ‘make it fair for everybody’
In a press conference on Monday, President Donald Trump indicated that the Senate is set to revisit an aid package designed to respond to the economic and social stresses caused by the novel coronavirus outbreak. “We’re looking at that through the Senate,” the president said when asked about potential changes…
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US slashes federal interest rates in response to the coronavirus pandemic
The Trump administration has slashed federal interest rates as part of an effort to stabilize the economy following a rocky week on the financial markets. The U.S. Federal Reserve cut interest rates to near-zero, the second time that the central bank has cut interest rates in as many weeks. The…
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UK is advising against all travel to the US amid the coronavirus pandemic
The U.K. government is advising citizens and residents against all travel to the U.S. in response to the coronavirus pandemic. In a brief statement, the U.K. Foreign Office said it is “advising against all but essential travel to the USA,” a day after the U.S. government expanded its list of…
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