Policymakers news and trends

Facebook’s Marcus Defends Libra To House Financial Services Chair

July 09, 2019
David Marcus Says Libra Is About Giving Everyone Access To Economy
ECB Policymaker Calls Bank Consolidation ‘Desirable’
Europe // June 05, 2019

A European Central Bank (ECB) policymaker has called bank mergers in the EU “desirable,” but admits that it’s ultimately up to individual banks to decide if they would like to consolidate with one another. “I don’t think of any special projects — this is not...

Quick Reads
Facebook’s Marcus Defends Libra To House Financial Services Chair

July 09, 2019
The head of Facebook’s new cryptocurrency project, Libra, is defending the company in a letter to Rep. Maxine Waters (D-CA) and other members of the House Financial Services Committee. David Marcus wrote that the company is vowing to answer policymakers’ “important questions,” according to a copy of the letter obtained by The Hill before hearings […]

ECB Policymaker Calls Bank Consolidation ‘Desirable’

June 05, 2019
A European Central Bank (ECB) policymaker has called bank mergers in the EU “desirable,” but admits that it’s ultimately up to individual banks to decide if they would like to...