This week was Maker Week and Pollinator Week! The President was a busy bee himself. He stopped by a Congressional baseball game and a Congressional picnic, congratulated My Brother’s Keeper mentees, and presided over the ceremonial swearing-in of Loretta Lynch as Attorney General. Meanwhile, the First Lady crossed the Atlantic in the name of Let Girls Learn and Let’s Move! That’s June 12th to June 18th or, “Her Map & Compass.”
Category: Money
Ex-U.S. Agent Charged With Bitcoin Theft to Plead Guilty
In March of 2015, two federal agents who helped conduct one of the major investigations in the Silk Road case allegedly stole thousands in bitcoin confiscated from the online dark marketplace. The two agents, Shaun Bridges and Carl Force from the Drug Enforcement Administration and the U.S. Secret Service, were charged with several offenses including wire fraud and money laundering. This week, Bridges, a special agent for the U.S. Secret Service for the Silk Road case, has come to an agreement with the prosecutors and pleaded guilty for the theft of confiscated bitcoin from Silk Road. Bridges took part in a Baltimore task force as a computer forensics expert where he contributed to an investigation which acquired enough evidence to […]
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Two Months In…
We are two months into this campaign and we’re already off to a strong start. Click here to relive some of our favorite moments!
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President Obama Delivers a Statement on the Shooting in South Carolina
12:15 p.m. ET
Last night, a gunman opened fire at the Emanuel AME Church in Charleston, South Carolina, killing nine people including pastor and state senator Clementa Pinckney. The Department of Justice is opening a hate crime investigation into this tragedy.
The President delivered the following statement from the White House Briefing Room:
Full video: Watch President Obama’s statement on the tragic #CharlestonShooting. http://t.co/LkxrbDmWQQ
— The White House (@WhiteHouse) June 18, 2015
Ripple Labs Joins Fed’s Faster Payment Task Force
Creators of the Ripple payment protocol, Ripple Labs, have been elected to the Federal Reserve’s Faster Payment Task Force Steering Committee. The Fed created the Faster Payment Task Force earlier this year to tackle the challenge of upgrading the United States’ outdated payment infrastructure, which lags behind Europe, and, in some cases, emerging markets such as China. The committee will help execute and discuss a payment strategy laid out by the Fed earlier this year. The central bank’s main goal is upgrading the country’s domestic payment system used for e-check settlement, called the Automatic Clearing House (ACH). Developed in the 1970s, it takes 1-2 days for it to clear a payment, something that simply won’t do anymore in our fast-paced […]
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Russian Central Bank Governor: The Market Will Welcome Bitcoin
According to information provided last week to the Russian newspaper Izvestia, the Russian Central Bank will meet with representatives of the financial community to establish a position on Bitcoin and cryptocurrencies in general. A source close to the Bank of Russia told Izvestia that the governor might be open to cryptocurrency and that the central bank may allow, and regulate, some Bitcoin activities, specifically transfers, payments, and settlements between users. Elvira Nabiullina, governor of the Russian Central Bank, provided clarifications on the position of the central bank on Bitcoin in an interview with CNBC. Asked whether she could see a time in the near future where the central bank might be looking to hold any reserves of bitcoin or authorize […]
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UKDCA & The Mankoff Company Announce Panel & Networking Event Addressing the Optimization of Bitcoin for Investment, Trading & its Surrounding Technology
LONDON – 12 June 2015 – The Mankoff Company along with the UK Digital Currency Association is hosting a high-level panel discussion on issues involved with Bitcoin geared towards Institutions, Traders, Hedge Funds and those in the FinTech market space. With a panel of financial experts who have moved from mainstream finance into the leading-edge bitcoin space, this hour-long panel held after trading hours in Mayfair will discuss the current developments in the cryptocurrency market, particularly in the technology related to the bitcoin industry and how it can benefit those in the financial technology markets. Issues addressed include: Trading securely; Liquidity issues; Where to invest; Regulations and Block Chain Technology. The expert panel, consisting of Paul Gordon, Founder, CoinScrum; Ian Grigg, […]
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My Day One: Journeys Across America on our Path to Citizenship
June marks Immigrant Heritage Month — and people across the country are sharing their American stories. Whether you’ve recently embarked on your first day as an American or want to share how your ancestors came to arrive here, we want to hear from you. Add your voice to the conversation today.
I come from a long line of childhood immigrants.
My grandfather was eight when he emigrated from Argentina to Morocco. My parents both emigrated from Casablanca, Morocco to Paris, France in the 1960s, among a wave of North African Jewish immigrants that crossed the Mediterranean in pursuit of better opportunities. My brother and I joined the ranks when we immigrated to Florida in 1996.
My dad fell in love with America during graduate school in the States – he connected with the entrepreneurial spirit and the deeply engrained ideals of service and civic participation. He and my mother dreamt of raising their children in America and instilling in us these powerful ideals. That’s why, when I was seven, we immigrated to the U.S. on a H-1B Visa to begin our journey to citizenship.
Our journey was not without its challenges. We left family, friends and a cultural connection to begin anew in a mostly unfamiliar land. My mother gave up her practice as a surgeon. I remember my first day of school in America: Wearing a denim jacket and a bright pink backpack, I tried my best to look American, hoping no one would notice I didn’t speak English. It was awkward.
Even though we sometimes felt confused, we always felt welcome.
We were invited with open arms to barbeques, block parties and PTA meetings. We learned about kickball, Pop Tarts and drive-in movies, and we made them our own. We didn’t always look, sound or act “American,” but we never, ever felt out of place.
Russia Buy Gold Bullion For “Principles Of Diversification” – Central Bank Governor
– Russia “bought gold” for “diversification” – Russian Central Governor Nabiullina – Russian central bank prefers gold bullion to euros or dollars – Russia points out that other countries have a “bigger share of gold in their reserves” – “Can’t imagine a situation where bitcoins would be considered a reserve currency” – On bitcoin – […]
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Rand Paul’s Fair And Flat Tax
Today I am announcing an over $2 trillion tax cut that would repeal the entire IRS tax code—more than 70,000 pages—and replace it with a low, broad-based tax of 14.5% on individuals and businesses.