offloaded, around $50000000000.00 worth of us treasury bonds to analysts. believe the move shows that china is trying to mitigate is risk. admit the threat of us sanctions on bay jang, over trade with russia. financial consultants, angelo juliano says, even washington's allies are moving away from the us dollar in the us that these are phones is teams. it is a debt that is not meant to be paid. what is accelerating these uh, those countries selling us bonds is because many of the sanctions put on russia and especially the seizing of russian assets. this was a trigger to even us partners because they know now the us, he's no more credible. you cannot trust a us because overnight they can actually see you are says for its reasons. so this is elizabeth situation of, of congress to the actually, you know, more by us, deb oh, in the case of china just sitting what they have, the us wants to compete with china english or we can comes to defense. india actually going to the same track, which is spending more why the us going to have such a large step is because you

powers, biden assigned the responsibility for sponsoring kiev to the us state department and the us treasurythe commanders of the great victory, each made an invaluable contribution to the defeat of fascism. it was from them that soviet soldiers waited for orders that would decide the outcome of the battles in the summer of '44. by the time the operation was completed, bogration was secured in position. front commanders, the most outstanding commanders, the most.

the us treasury is looking to finalize crypto rules to prevent tax evasion. according to the new law , digital platforms such as exchanges and payment processors are required to. report users' reactions to the internal revenue service. this law sets a $10,000 threshold for reporting transactions involving stablecoins or cryptocurrencies based on the us dollar. slow this rule will only apply to platforms such as coinbase or binance that hold digital assets. accordingly , brokers must report income from the sale of assets. display of robots at the exhibition of the world artificial intelligence conference in shanghai, china. in this exhibition, about 25 robots, including some humanoid models that have never been seen before , attracted the attention of visitors. in this exhibition. they were shown with a human model that has the flexibility of a gymnast. also, robots that imitate human behavior and emotions based on computer analysis. dear viewers, the pictures that are being presented to you now are the ceremony of the renewal of the covenant of the president

last week, this trump trade, which basically saw the us dollar rise and also longer term treasury, us idea that sort of another trump administration, trump in the white house again, would with his protectionist policies could be inflationary. and now we're seeing that sort of trade being unwound this week as those expectations that kamala harris would be sort of, offer more competition to trump and sort of, as you said, bring a tighter race. so we've seen the us dollar falling lower, and also those treasury yields coming under pressure as a reflection of those sort of changes of expectations. and i think this just really highlights the uncertainty now that really surrounds the, uh, the elections as we head towards november. computer security firm crowdstrike became a household name for all the wrong reason last friday — after it caused a global it outage. its shares have continued to plunge — despite a general recovery on wall street — as some companies struggle to fully restore their systems. 0ur north america business correspondent, erin delmore has the latest. if you looked at crow

how can trade expand, but also how can financial transactions continue against this backdrop of us treasurylready know that russia sells already know that russia sells a lot of oil to india, and is a lot of money in rupees, but a lot of money in rupees, but a lot of money in rupees, but a lot of those rupees are still trapped in indian banks and is becoming more difficult for russia to get paid for the oil, to bring it back to fund the economy and that is something that putin is trying to resolve with india, with china, with turkiye, since the us treasury sanctions got tougher from the beginning of this year. find beginning of this year. and what you — beginning of this year. and what you think _ beginning of this year. and what you think about - beginning of this year. and what you think about the timing of this bilateral meeting? i mean, we're looking at the images of putin and narendra modi enjoying each other�*s company on the eve of the 75th nato summit, their annual meeting, where they will talk about expansion, possibly, they will talk about ukraine and the threat that russia poses. a

before the implementation of the account of the treasury unit , it was opened and used by the banking network to carry out financial operations of the executive and treasury departments. after the implementation of the treasury unit account, these 250,000 accounts have reached about 20,000 accounts, of which 7,000 accounts are for centralized accounts, so-called accounts that are used to receive funds from the government's general budget and the income of government companies is used, and about 14,000 accounts are actually accounts that are used for the payment operations of executive bodies, so as a result of the implementation of the treasury unit account, the number of accounts has increased from 250,000 to about 20,000. it has decreased, but in the case of the unauthorized accounts that i mentioned, for non-main or subsidiary operations of the executive bodies in some cases, to pay for education, to pay for salaries, benefits, or various issues.

russia in may reduced investments in american government bonds to $45 million, according to the us treasuryepartment. most of this amount - 42 million - came from long-term securities, the rest. urgent, now japan remains the largest holder of american government debt, in second place is china, which is also gradually selling off bonds, in third place is great britain, as president vladimir putin previously said; in total, the united states owes the world economy $54 trillion and $300 billion. it was economic news, briefly. the sberspasibo loyalty program has been updated! every month, choose up to five top categories with cashback up to 10%. supermarkets, gas stations, cafes, restaurants, taxis and others, and even the percentage on everything is more profitable with an elect subscription. what do we bring from our travels with avito? cashback bonuses for your next trip. avito the trip will go as planned with cashback. only at alfabank. spin the reel in the app and get a superkick up to 100% every month. and up to 30% in categories is guaranteed. if you don't have a card, order a free alpha

finding a way in order to deregulate and caught the red tape, which is forcing them to go on to the us treasury secretary chris fears the dollar is set to lose its dominance. as more nations particularly resort to crypto currencies and made sanctions trying to find a way around all that. what does that say though, a bi washington's punishment policy by didn't settle this thing with the crypt sites hospitals where he's essentially been going around and pacing of different people that don't agree with his. his policy from the crypto space. i think it's very tenant, meaning that the president at from will be speaking at the largest conference in the well, but just out of the us for the big play covers that receipt. so we can see there really is this kind of, these kind of bottom line to the drawing between the truck side, which is probably the free market pro people using whichever terms they want to pay for goods as they should as a constitution, right? in the us to be able to have the free to choose and as opposed to the, the, the, by them raising the entity wants to shut down any kind of innova

us treasury seeks to finalize crypto rules to prevent absconding it is a tax. under the new law , digital services such as exchanges and payment processors are required to report their users' transactions to the internal revenue service. the law imposes a $10,000 threshold for reporting stablecoin-related transactions that hold digital assets . accordingly, brokers must report the proceeds from the sale of digital assets in 2026 for all transactions made in 2026. publish in 2025. implementation researchers. according to the independent, they identified a mysterious and extremely bright object in the world an international team of astrophysicists and astronomers has identified small red objects in space that are forbidden from ancient stars and supermassive black holes that are hundreds of millions of years old . scientists believe that the growth of these objects. they take billions of years and may be up to a thousand times larger than the supermassive black hole in the milky way. the second walk of the chinese climbers was implemented. according to na news, t

in may, russia reduced investments in american government bonds to $45 million, according to the us treasuryt of this amount, 42 million, was in long-term securities, the rest was short-term. now japan remains the largest holder of american government debt, china is in second place, which is also gradually selling off bonds , and great britain is in third place. as president vladimir putin previously stated, the united states owes the global economy $54 trillion and $300 billion. and the net profit of russian banks in the first half of the year it exceeded the mark of 3on 820 billion rubles. this is 8% more than last year’s values, according to the central bank’s review. based on the results of the whole year. the amount may exceed 3.5 trillion, the regulator notes. in addition, the number of profitable banks in the country continues to grow; in june there were 248 of them, or 78% of the total number of financial institutions. it was economic news, briefly. members of the liberal democratic party have collected another batch of humanitarian aid for the soldiers participating in the special o

us treasury secretary janet yalin said that with its sanctions policy , washington is forcing other countrieso look for an alternative to the dollar and switch to payments in their national currencies and gold. and the exclusion of russia from the swift system only accelerated these processes, and now the east and global south are uniting against sanctions from washington, and this is leading. believe in us self-isolation. at the same time , western restrictions will not harm the russian economy. were able to. all around russia. there is a massive revival of production and a decline in unemployment , the financial times writes today. the british newspaper laments that government orders for weapons, fuel, food, medicine, and uniforms for the army are pouring huge amounts of money into the economy. the consequence of this was a real boom, exactly where the west expected the economy to collapse due to sanctions. as a result, in 60% of russian regions there is an increase in industrial production, unemployment has fallen to a record low, and enterprises have to increase wages, to keep employees a

us treasury secretary janneh denies the failure of the russian oil price ceiling policy.es , the price ceiling worked, quote: very well during the first year. at first, the impact on russia's raw materials revenue was very significant. then, to get around the restrictions, they invested in the creation of a so -called shadow fleet and an insurance system in order to avoid dependence on western companies, but this is expensive, and resources have to be spent. for these purposes, and not to use it in other areas. we later introduced sanctions against sofcom fleet and are constantly looking at what steps we can take in the future. let me remind you that oil sanctions were introduced against russia in 1922. then the g7 countries limited prices at $60 per barrel. russia introduced retaliatory measures and stopped supplying oil to states that fixed the maximum price, but supplies to friendly countries jumped sharply, and according to the results of the first russia's oil and gas revenues exceeded in the first half of the year. rub 5.698 billion an increase of almost 69% compare

the treasury unit is actually a bridge for us to go towards paying for the ultimate benefit . see today we have payments, for example , the government pays and the treasury pays to the ministry of health or a part of them as the income of the expense allows them to take these results. this is it now you go to the ministry of health , you go to the university of medical sciences, the medical staff often complain about the delay of several months in their payment and they talk about their own demands. the treasury unit account does not do this and we cannot directly receive from the treasury for the final benefit , the result is the same loss that the employees themselves see . do it in the account and the result will be this if the final benefits are paid with delay, these delays may be several months, the middle management will make bad decisions in the money that should go to the people, and the loss will end up being useless. our effort is to make this treasury unit account so that the treasury unit account can be opened quickly today, so that the final benefit is reached, wh

the most damaging, so essentially it's as russia, as trade partners are now dealing with is the us treasury. we trapped us. that could be sanctions against banks, dealing with russia essentially areas. now that's led to a lot of difficulties in cross border payments. it means that russians are finding it more difficult to pay for goods and import goods from china and sign. an india are having difficulties and actually paying for the order, so they're starting to be a secondary right effect and negative effect of the chinese economy. i think for all these reasons essentially gives the side of it's time to draw a line and just always take it to badging i that is china media a thing in fact has badging been me the a thing for a while. if you believe some of the reports, if not for a complete and a to the war and it sort of deal to end everything at least to try and build some comment on the standing some basis for the future of tools. well, i'm going to disagree with my colleague on beijing is not the united state of washington. this idea that you, you go in and settle things by pushing or wai

the bank of russia recently announced that it does not hold us treasuries.ls and companies. i'll add, that it is now the largest holder of american government debt. japan, china and great britain. at the end of the issue, let me remind you that the official exchange rates for today are dollar 87, rub. 87 kopecks, euro 96.10. and that's all i have for now. tatiana. alexander, thank you, alexandra nazarova was with economic news. specialists from the twin city of st. petersburg are helping to restore mariupol. housing, social and cultural facilities will be built. fountains were opened, built on the principle of firecrackers, like in st. petersburg. but the main focus is on drama theater mariupol, which was blown up by ukrainian militants. the governor of st. petersburg checked how the work is going. report by my colleague sergei samokhi. the historical center of mariupol is almost entirely covered in scaffolding; this is where the governor of st. petersburg alexander beglov first headed. the most intense work takes place inside the drama theatre. the mariupol

the us treasury plays the leading role in this discussion; now it is difficult for it to make a specificy a few days left until the election of the president of the united states. a little over a month, and the agency is not eager to illegally seize assets in euros and dollars only to withdraw its decision a couple of months later, but against the backdrop of complete distrust on the part of china, saudi arabia and other major players. well, according to tradition, at the end of the issue about currencies, the dollar today costs 86 rubles. 55 kopecks. euro exchange rate 94.37 that's all i have for now. alexandra. konstantin, thank you, we continue. and then there will be news from sports immediately after a short advertisement. travel with alfabank, choose where to fly in the alfa travel service. and get a superkick on air tickets up to 30% on alpha fridays. discover all profitable destinations in the bank's application or on... the website alphatravel.ru. a fairy tale chicken is needed for sweet dreams. rubber chicken for distracting maneuvers. and the most tender chicken for burgers to

biden assigned the responsibility for sponsoring kiev to the us state department and the us treasury. the commanders of the great victory, each made an invaluable contribution to the defeat of fascism. it was from them that soviet soldiers waited for orders that would decide the outcome of the battles in the summer of '44. by the time operation bogration was completed , the most prominent commanders had been appointed to the positions of front commanders. the youngest general of the army ivan chernyakhovsky, the story of the battle until his last breath, almost waiting for victory in a special project of the television news agency galaxy of winners. tonight on our broadcast. good knowledge of troops and complex military equipment, skillful the use of the experience of others and deep theoretical knowledge allowed chernyakhovsky to excellently control troops. alexander mikhailovich vasilevsky. watch the whole life through the feat of the youngest front commander, commander of the legend, in a special project of the television news agency galaxy of winners on tuesday evening broadcast o

press against the value of the ruble in in world trade, very scary, very massive, organized by the us treasury, um, a complete failure, a failure a scale which historians will look back on, and they will write chapters of books and we, or whoever's alive then will..." read them, shake their heads and say, how could this have happened? let me explain, the ruble is stronger now than it was before the invasion, failure. russia's economy is going faster now than both the united states economy and the russian before the invasion. okay, what happened? answer, the bricks, because russia, i mean, i make a complex story, condens it for time. "russia was able to sell the oil and gas that the united states and europe refuse to touch to uh india and china. again make it, it's a little more complicated than that, but that was how russia said, okay, we don't need you, and if you don't let us use the payment system, we'll start working out deals with russia, excuse me, with china and india, turkey and brazil to use other currencies or..." to use our own currencies and they've been doing that and it's been wo

the bank of russia recently announced that it does not hold us treasuries. supply systems traditionally undergo scheduled preventive maintenance and gas is pumped into russian underground storage facilities. accused of misappropriation of gas. prague believes that germany is deliberately accumulating raw materials in its warehouses that should go to the czech republic. according to bloomberg, a letter with such the czech ministry of industry and trade sent the complaint to the german ministry of economic affairs and the european commissioner for energy. the fact is that the german company gaskate plans to reduce the output power of the connection point on the border of the two countries from 69 gw to 14.5 from october 1. the czech republic stressed that this undermines the spirit of cooperation in the eu, and it will be more difficult for eastern european countries to reduce their dependence on russian gas. this situation creates an incentive for some member states to maximize gas imports from the east. in extreme cases of such low power would barely be enou

us treasury secretary janet yelin denies the failure of the russian oil price ceiling policy. the mechanismell during the first year, while speaking about ellen’s success in the past tense. at first , the impact on russia’s raw materials revenue was very significant, then, in order to get around the restrictions, they invested in the creation of the so -called shadow fleet system insurance in order to escape dependence on western companies, but this is expensive, and resources have to be spent on these purposes, and not used in other areas. later we led. sanctions against the soviet navy, we are constantly looking at what steps we can take in the future. it was us energy that raised its forecast for brand oil prices this year by 2.5%, to almost $86.5 per barrel. this is stated in the ministry's report. in 2025 , the price is expected to reach $88.5, an increase of 3.5%. quotes brand in early july jumped to 88 dollars from 75 in june against the backdrop of the opec decision. market participants have reassessed global oil reserves and are convinced that opec plus production cuts continue to

little bit about what's that play a little while a body and a has delegated to the heads of the us treasury and state departments. his authority over the rebuilding prosperity for ukraine's at which includes the regulations on support for the country and the seizure of russian assets. and that's according to a document posted on the white house website. we spoke with legal and media analyst, alonzo. he said, it's possible that the democratic party is planning to make coming to our as inactive president soon to increase our chances of winning the november election. and now they're talking about joe, why she's gone. is that gives a eulogy or you little you, he will be minus. she was the grade president, the president. what are you talking about? oh, what a great man he was was. wait a minute. where is he? don't worry. it's like, like you're a child, isn't your, your pet died and your parents don't have the courage to tell you that swap these god, let me say what's gonna happen next. partnership prediction of being that it can pipe sonic, i'm, i'm reading the entrails of the beast. they're goi

the bank of russia recently announced that it does not hold us treasury securities.in individuals and companies. i will add that now the largest holders of american government debt are japan, china and the uk. at the end of the issue, i will remind you of the official exchange rates. and in ukraine, there is a power outage and footage in which it is difficult to see anything due to the lack of light on the network is shared by local residents. they write that this is dnepropetrovsk. there is not enough power even to light the streets. the ukrainian energy holding announced that these are not emergency shutdowns, but planned ones. due to the failure of power equipment without light kiev, cherkasy, chernigov, zhitomir and a number of other regions will also remain. i would like to note that ukrainian energy facilities. they are disabled by targeted strikes of our military, they also hit enterprises and infrastructure that support the military program of the kiev regime. american journalists, citing sources, report that biden has already agreed to refuse to participate

again, small sco, have had little effect of a key take away from us treasury secretary on it yelman's remarks from the g 20 sidelines. in result, she noticed that russia has succeeded in strengthening its military industrial complex despite thousands of barriers from the west. one sanctions more broadly, our approach continues to revolve. and we see that russia, of course, has succeeded to distressing extent in acquiring the military, acquiring dual use goods, like semi conductors. it needs to build up it's military establishment. and as we see that we continue to take for directions to try to interfere with their ability to acquire these goods. hold off, new quite and conflict broke out in 2022 western nations led by the us on least a volley of unprecedented sanctions on russia. and these were across multi sectors from defense to agriculture to media. but it's not just john. 7 and recognizing the failure of these punitive financial measures, us media out of the washington post has published a case on how functions have been so abused by washington that they've now ceased to be effect

you are the 1st woman sanctioned by the us treasury department. and now the you has also impose sanctions on the organization together with 2 other entities, stating that they are quote, responsible for series and systematic human rights abuses against the palestinians . what would you say to that? anytime, as i said the, by the way, some of this will start by addressing what you said about us top 9 blocking aid from reaching gaza. and it's really important for me to, to respond to that. essentially the aides goes into gaza, falls into the hands of some us. it's strengthened some us role in the strip, and this is not good for the goals and civilians either. this means that this aid is not humanitarian aid. it is a that strengthens the terrorist strength in some us and therefore it is not good for us or for the civilians. we as a south 9, do not oppose humanitarian aid asia. we want humanitarian a to enter and reach the civil williams. only the civilians of casa, not the terrorist. and it's really important for me to address and the sanctions, beca

you are the 1st woman sanctioned by the us treasury department. and now the you has also impose sanctions on the organization together with 2 other entities, stating that they are quote, responsible for series and systematic human rights abuses against palestinians. what would you say to that? i need kind of the shade the by the way, some of the show start by addressing what you said about us solve non blocking aid from reaching gaza. and it's really important for me to, to respond to that. essentially the 8th goes into gaza, falls into the hands of from us. it's strength in some us role in the strip, and this is not good for the gods and civilians either. this means that this aid is not humanitarian aid. it is a that strengthens the terrorist strength and some us and therefore it is not good for us or for the civilians. we as a south 9, do not oppose humanitarian aid asia. we want humanitarian aid to enter and reach the civil williams. only the civilians of casa, not the terrorist. and it's really important for me to address and the sanctions bec

you are the 1st woman sanctioned by the us treasury department. and now the you has also impose sanctions on the organization together with 2 other entities, stating that they are quote, responsible for series and systematic human rights abuses against the palestinians . what would you say to that? anytime, as i said the, by the way, some of the show start by addressing what you said about us solve non blocking aid from reaching gaza. and it's really important for me to, to respond to that. essentially the age goes into gaza, falls into the hands of from us. it's strength in some us role in the strip. and this is not good for the goals and civilians either. so this means that this aid is not humanitarian aid. it is a that strengthens the terrorist strength in some us and therefore it is not good for us all for the civil.

the us treasury secretary has announced a joint initiative with a number of south american countriesen said illegal mining and the smuggling of wildlife and plants generated hundreds of billions of dollars each year, with such trade often involving abuse of the us financial system. enhanced information sharing and joint investigations form part of the intiative. before we go, two paddleboarders say they felt like they won the jackpot when they came across something very special, while out on the water in dorset. ben felton and nick woods were joined in their session by a pod of dolphins. the friends said they had never experienced anything like it before in 20 years of paddleboarding. those are amazing pictures! imagine being on the paddle boards and those dolphins appeared. beautiful pictures! stay with us here on bbc news. hello there. the weekend started with some more showers around, but those showers have moved away now, and for the next few days at least we can look forward to some dry weather and some sunshine. temperatures are going to be rising, particularly across england a

you are the 1st woman sanctions by the us treasury department. and now the eu has also impose sanctions on the organization together with 2 other entities, stating that they are quote, responsible for series and.

finding a way in order to deregulate and cut the read type, which is forcing him to go on to the us treasury secretary chris fears the dollar is set to lose its dominance as more nations particularly resort to crypto currencies and made sanctions trying to find a way around all that. what does that say the bi washington's punishment policy as well? yeah, i mean, uh, you know, this is close to my heart and see how you did. i mean the bye didn't set up this thing with the crypt side top rules where he's essentially been going around and pacing off different people that don't agree with his his policy from the crypto space. i think it's very tenant, meaning that uh, president trump will be speaking at the largest conference in the world, which is how the us, the big play covers that receipt. so we can see there really is this kind of, these kind of bottom line, the being drawing between the truck side, which is that price fremont pro people using which have a term. so they wants to pay for goods as they should as a constitution, right? in the us to be able to have the free to choose and as oppo

the main financial operations of the executive body, for example an account that is used to receive money from the treasury, like an account that is used to collect income and transfer it to the treasury account at the central bank , well, these are all concentrated in the central bank in recent years. became. and it cannot be in another bank at all, because basically the treasury of another bank does not work, but the executive branch for their other work, for example, they wanted to get an education for their operational whites, for their operatives , they had opened other accounts in other banks. in fact, in the so-called now sub-account or unauthorized account with this literature. what actually caused the entry of the article 90 commission or the repetition of the rulings of this issue in the budget laws and during these years are these types of accounts , that is, these types of accounts that are used for non-core operations of the executive body and are collected from in fact, the cycle of using them , well, considering that a very large volume of these accounts had been opened in the banking system

if china says, yes, we are like bunnies, we take the lead in fulfilling the instructions of the us treasurysubsidiaries, national reserve depository and clearing center. then, in fact, these very sites will be closed for all transactions, including with the yuan, but also, following the example of what happened with dollars and euros, new interbank, so-called interbank, will arise in in principle, i think that now our financial officers from the security service are actively exploring such options, similar scenarios, well, here it’s not even just officers from the central bank, i think that this is being decided at a higher level. it is in china's interests to introduce some, let 's say, tough measures, following there, not instructions, but following instructions from the outside, it will look exactly like china is following instructions, and they cannot afford this, i think , confucian is such an ancient civilization, they are always against to look like this, so it ’s not even a question of money now, it’s a question of reputation in general, and geopolitical, so i think that the likelih

executive and treasury departments were opened and used for financial operations. after the implementation of the treasury unit account, these 250,000 accounts have reached about 20,000 accounts, of which 7,000 accounts are for centralized accounts, so-called accounts that are used to receive funds from the general government budget and income of state-owned companies, and about 14,000 accounts. in fact, there are accounts that are used for the payment operations of executive bodies, so as a result of the implementation of the treasury unit account, the number of accounts has decreased from 250,000 to about 20,000 accounts, but in the case of unauthorized accounts that i mentioned for non-main or subsidiary operations of executive bodies at times to pay for education, pay for benefits or various issues. the executive bodies of the banking network have actually presented various statistics, and now the latest statistics that the central bank has announced during this week are that 115,000 accounts have been closed this week. therefore , it is surprising that you shou

more than 30 thousand billion tomans that we have in our treasury accounts after the payments related to july, and therefore, god willing, we will uses treasury in such a way. which can be taken into account and will be reassuring and satisfying , we will hand over our loved ones in the government of mr. dr. al-badzikian , and there is another point that i want to use here to explain. it is a number that is a relatively high increase compared to previous periods found when we took over the government, at the beginning of the government , there were about 470 thousand billion tomans of financial bonds, the principal and interest of which had to be paid later. but the important thing is that out of this amount, about 140 thousand billion tomans increase that happened is related to the debts that were formed before the government of mr. raisi. in 1400, that is, the first months of the government's entry, about 50 thousand billion tomans. it was issued to pay the debts of the contractors in previous years. similarly, in 401, 15 thousand billion tomans were issued for the debts that the electricity sector had to private sellers. power to

and of course, the us treasury has no surplus anymore. and he loses in that rematch with cleveland. also 1892, the governor of ohio, william mckinley writes down that he intends to be elected president in 1896 and it was prophetic. william mckinley was elected. 1896 and may be, i think, the most of all, the ohio dynasty of presidents. how you feel about william mckinley as a president, probably in part on how you feel about imperial wisdom, because he presided the spanish-american war and the beginnings of american empire. and this going to be his legacy for for better or for worse. but his legacy goes beyond that. william mckinley was born in northeast ohio, in niles, ohio. he joins the civil war right up at age 18, actually in the 23rd ohio volunteer infantry, which rutherford hayes commanded. and he served with distinction, the civil war rising all the way from private to major, which is a pretty big promotion that a promotion wins. and he serves with distinction. he serves under heavy fire. he is there at. antietam. in fact, if you go to the antietam battlefield, you will see a

market fit in all of crypto so stablecoins now are the 15th or 16th largest collective holder of us treasuriesrtant for national debt and the united states but on top of that we're continuing to see global adoption of stablecoin transaction volume going up meaning people want dollars and if they can get them in some sort of electronic format or in a digital format they want dollars so it's that stablecoin is actually making the dollar more popular globally and is driving adoption in a way that can't be done without the digital rails so i think the governmental though they say what is this bitcoin thing they will realize this technology is essential to continue the dollar dominance globally. charles: here is the thing, every time you come on i believe in it more and more so you helped with the curve. my man, you still have time to get on this plane. i don't know how to give a bitcoin conference without you there. that's all i can tell you. wally pip, don't let him discover the next anthony pompliano out there because you are the man. >> absolutely. charles: folks, 2016 tech and entrepreneur sam

the us treasury secretary has announced a joint initiative with a number of south american countriesmazon rainforest. janet yellen said illegal mining and the smuggling of wildlife and plants generated hundreds of billions of dollars each year — with such trade often involving abuse of the us financial system. day 2 of the olympic games in paris is underway. australia were leading the medals table after the first full day of competition. this is the scene live in the city. the good news is the weather forecast says it should be sunny today. badminton, the beach volleyball, the shooting and volleyball all under way. another 13 gold medals are due to be awarded in sports including archery, mountain biking and skateboarding. but the olympics say the swimming leg of the first triathlon training session has been cancelled because of pollution in the river seine. the decision was taken on the basis of water quality tests and officials are blaming rain in recent days. ben waterworth is the host of the off the podium podcast. he explained how recent rainy conditions are affecting the polluti

he's also a former us assistant treasury secretary for financial institutions. you very much forjoining us. in terms of this growth figure that has jumped quite a bit from quarter to quarter, what is driving that? it’s what is driving that? it's something _ what is driving that? it's something i _ what is driving that? it's something i would - what is driving that? it�*s something i would say, it's something i would say, it's something about the dna of america, when you are born in america, when you are born in america or come to america you have to spend money. it's driven by the really strong sentiment among american consumers, spending money at a record pace. there it in at that savings account to do so but it is strong consumer spending. but it is strong consumer spending-— but it is strong consumer sendina. . , , spending. rates are pretty high at the moment, _ spending. rates are pretty high at the moment, so _ spending. rates are pretty high at the moment, so savings - spending. rates are pretty high at the moment, so savings are | at the moment, so saving

use the same standards? >> this is really a determination has to be made by the state department rather than treasury but certainly human rights violations have been a concern. >> and finally the russian central bank has urged the use of crypto to evade western sanctions. a stable coin offers no particular advantage in that it is stable you cannot make money by holding it usually does not pay interest. certainly not the interest you get on money market funds its soul in mansions is evading our sanctions and other laws including tax laws i hope in enforcing our sanctions on russia you will not facilitate that by facilitating stable coin. >> we are very attentive to that use of crypto currencies and stable coins. we don't think it is very substantial thing russia is doing but sanctions by more and more it becomes a concern. >> a judgments time has expired the gentleman from new york is recognized for five minutes. >> thank you, mr. chairman thank you madam secretary for being here today. back in september announced considering the fair credit reporting act that includes a broad novel definition of data broker. as i