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Congress Unlikely to Significantly Restrain US Intervention in the Middle East

Decade after decade, United States presidents order intervention, by the military and otherwise, across the Middle East. And, decade after decade, the US House of Representatives and Senate provide the funding for the intervention to continue, as well as pass bills and resolutions demanding even more.

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House Judiciary Committee Planning to Pass Dead-End Marijuana Legalization Bill

New Pew Research Center poll results indicate Americans’ support for marijuana legalization continues to grow, with support reaching two-thirds among those questioned and maintaining majorities among Democrats, Republicans, and independents. This state of popular opinion, along with marijuana law liberalization continuing to move forward at state and local levels, are among the factors suggesting the time is ripe for legalization on the national level.

However, the United States House of Representatives Judiciary Committee is not moving forward with a clean bill to repeal marijuana prohibition that would garner widespread public support and have a good chance of both passing in the Republican-controlled Senate and receiving President Donald Trump’s signature. Instead, the committee is scheduled to consider on Wednesday legislation that, in addition to national legalization, contains marijuana business subsidies and race-based provisions that likely mean the bill will have zero chance of passing in the Senate or receiving Trump’s support.

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Libra: Advancing the Cryptocurrencies Crackdown and the War on Cash

United States Department of Treasury Secretary Steven Mnuchin, in a Monday press conference, attacked cryptocurrencies, including Facebook’s planned Libra. Mnuchin charged that Libra and other cryptocurrencies “could be misused by money launderers and terrorist financiers” and are a “national security issue.” Further stated Mnuchin: “Cryptocurrencies such as Bitcoin have been exploited to support billions of dollars of illicit activity like cybercrime, tax evasion, extortion, ransomware, illicit drugs and human trafficking.”

Mnuchin, however, likely has no real reason for such concerns about Libra. It looks like backers of Libra are prepared to help the US government crack down on cryptocurrencies and financial privacy.