Category Archives: WBAP 24/7 News

House Sends Bill Regulating Stablecoins, A Type Of Cryptocurrency, To Trump

House Sends Bill Regulating Stablecoins, A Type Of Cryptocurrency, To Trump

WASHINGTON (AP) — The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “crypto capital of the world.” One of the bills would regulate a type of cryptocurrency called stablecoins. It has already passed the Senate with…MORE

Union Pacific, Norfolk Southern Discuss Merger To Create Transcontinental Railroad

Union Pacific, Norfolk Southern Discuss Merger To Create Transcontinental Railroad

OMAHA, Neb. (AP) — Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts. A person familiar with the talks who isn’t authorized to discuss them publicly said the merger discussions began during the first quarter of this year. Both…MORE

Congress Approves Trump’s $9 Billion Cut To Public Broadcasting And Foreign Aid

Congress Approves Trump’s $9 Billion Cut To Public Broadcasting And Foreign Aid

WASHINGTON (AP) — The House has approved President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid. Democrats argued that the Republican administration’s animus toward foreign aid programs would hurt America’s standing in the world and create a vacuum for China to fill. The White House argued that the…MORE