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A major piece of guidance issued recently by the Office of the Comptroller of the Currency (OCC) is already making waves in financial circles. This directive allows banks and federal savings associations to hold deposits as reserves for stablecoins that are backed one-to-one by a fiat currency. Although this order is very limited in scope, it represents a pivotal move towards an innovative regulatory framework and signals the future inclusion of commodity-backed stablecoins.
FreedomWorks Foundation's Regulatory Action Center (RAC) submitted comments to the Centers for Medicare and Medicaid Services (CMS) regarding regulatory changes for outpatient facilities. This proposal would grant more flexibility to physicians and patients to seek care at lower costs. It also repeals regulations unnecessarily implemented by Obamacare.
WASHINGTON, D.C. -- In response to the September, 2020 jobs report released today by the Bureau of Labor Statistics which showed unemployment has decreased to under eight percent, Adam Brandon, FreedomWorks President, commented:
Welcome to FreedomWorks’ latest blog series, Trump Appointee of the Week! From now until Election Day, we will highlight one of President Trump’s political appointees and their accomplishments. Check back every other week for the next edition and let us know who you want to see named the next Trump Appointee of the Week!
After yet another Congressional hearing on antitrust enforcement against big tech, it is being widely reported that a forthcoming report by Democrats on the Subcommittee on Antitrust will recommend breaking up several digital economy titans. This seemed inevitable; Chairman Cicilline (D-R.I.)’s remarks during the previous hearing, and for years prior, make clear that the desire to break up Big Tech was not contingent upon evidence gathered from hearings. What is disturbing from a conservative standpoint is the possibility that some Republicans are likely to at least partially join those calls.