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Watch: King calls principles ‘timeless’

Rep. Steve King, R-Iowa, attends a rally with Angel Families on the East Front of the Capitol, to highlight crimes committed by illegal immigrants in the U.S., on September 7, 2018. (Tom Williams/CQ Roll Call)

How the Bank of England is keeping pace with the surge in fintech
Fintech Beat podcast, Episode 12

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Rep. Ilhan Omar and ‘squad’ school House Democrats in social competition
The Minnesota Democrat is the first freshman to win ‘Overall MVP’ in the three-week internal contest

Rep. Ilhan Omar won House Democrats’ 2019 Member Online All-Star Competition. The results couldn’t have come as a surprise. (Tom Williams/CQ Roll Call)

Rep. Ilhan Omar stole the social spotlight in House Democrats’ 10th annual Member Online All-Star Competition. The Minnesota Democrat is the first freshman to win the overall popularity contest, cleaning up with nearly 150,000 new followers.

Following oh so closely behind? The rest of Omar’s “squad,” of course: freshman Reps. Ayanna Pressley, Rashida Tlaib and Alexandria Ocasio-Cortez, who rounded out the top five, along with Texas Rep. Joaquin Castro.

Facebook’s cryptocurrency hearing, explained
Fintech Beat podcast, Episode 11

David Marcus, head of Facebook's Calibra digital wallet service, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing on "Examining Facebook's Proposed Digital Currency and Data Privacy Considerations" on Tuesday, July 16, 2019. (Bill Clark/CQ Roll Call)

No issue has generated more concern about Facebook’s Libra than the potential for it to be abused as a tool to finance terrorism or launder money.

In this episode, Fintech Beat talks with data and analytics firm Chainalysis about international regulatory efforts, so-called clustering and blockchain forensics.

Lawmakers hint at regulatory models for Facebook cryptocurrency
Libra: ‘Which is it, fish or fowl?’

“This looks exactly like an exchange-traded fund,” said Rep. Jim Himes, D-Conn., (File photo by Bill Clark/CQ Roll Call)

House members suggested Wednesday that Facebook Inc.‘s proposed cryptocurrency could be deemed an exchange-traded fund, a currency or a commodity, all of which could require some degree of regulatory oversight.

“What we’re struggling with is: What are you?” said Democratic Colorado Rep. Ed Perlmutter summing up a four-hour House Financial Services Committee grilling of a company executive about the proposed cryptocurrency known as Libra.

How Facebook's new cryptocurrency could reshape the global economy
Fintech Beat podcast, Episode 9

Facebook's announcement that they are launching a new cryptocurrency has created a stir in the world of financial technology . (Jack Taylor/Getty Images file photo)

Exploring the wild, wild west of cryptocurrency exchanges
Fintech Beat podcast, Episode 4

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Big Tech's Breakup With Democrats
CQ on Congress podcast, Episode 145

Sen. Elizabeth Warren, D-Mass., says it's time to break up tech giants like Google, Facebook and Amazon. (Photo by Sarah Silbiger/CQ Roll Call)

Lawmakers on both sides of the aisle, but especially Democrats, are saying that the government should intervene to rein in, or even break up, tech giants like Amazon, Google and Facebook. CQ technology reporter Dean DeChiaro says an antitrust action would require a novel legal approach focused less on pricing power and more on market dominance, while Patrick Pexton, CQ's tech editor, says the tech industry, long aligned with the Democratic Party, could shift its political loyalties

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