35 Burst results for "Suarez"
WTOP
"suarez" Discussed on WTOP
"Suarez told the organizers of the townhall in montgomery county that that she lost her nineteen -year -old daughter to opioids in twenty twenty it's time that maryland has involuntary treatment for those afflicted with chronic substance use disorder and a man who identified himself simply as richard told state and county officials treatment centers are needed for young people in the county i know how hard it was for me to break free of the chains of federal stock imagine how tough it is a for child to do the same please give our youth a chance thank you emily keller maryland's special secretary of opioid response told the crowd so we hear you loud and clear kate and w t l p news the illegal trade of virginia's native turtles is profitable the state is trying to put the poachers out of business virginia's native turtle species are considered among the most vulnerable groups vertebrates of worldwide now the commonwealth's board of wildlife resources has passed a resolution aimed at combating the illegal turtle trade inside nova reports the resolution directs the department of wildlife resources to create special four agent positions to train staffers on the illegal turtle trade and to come up with a plan for returning the fiscated turtles to the wild it also calls on the department to explore the state's criminal code to take advantage of penalties could that be applied to convicted turtle traffickers sarah jacobs wtop news to twenty five and fifty five powered by red river technology decisions aren't black and white think red nine twenty five now here's frank hanrahan got some hockey going on right now capitals holding on to
Bloomberg Radio New York - Recording Feed
Monitor Show 15:00 08-29-2023 15:00
"With new numbers, Trump 57, DeSantis 15, Pence 4, and Ramaswamy 3. Nikki Haley and Tim Scott also at 3%. And then you move on down on this day that we learned the mayor of Miami, mayor Suarez has ended his campaign. He's dropped out of the race. We'll anticipate news from Georgia and let you know when we get it. As we send things to New York, I'm Joe Matthew Bloomberg business week starts right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg business app. This is Bloomberg radio. This is Bloomberg business week insight from the reporters and editors who bring you America's most trusted business magazine, plus global business finance and tech news as it happens, Bloomberg business week with Caro Masur and Tim Stenebeck on Bloomberg radio. Very good afternoon, everyone. Welcome to Bloomberg business week live in our Bloomberg interactive broker studio. We are streaming on YouTube and of course on our streaming service Bloomberg originals. It is just Tuesday lemon. It's just Tuesday, but you know what, Carole? It's a holiday weekend. U S opens coming up later this week. Well, it's on now. I saw, I was out in the subways, man. There are people just pour in to the open. You could see them. We're going to be broadcasting from there on Thursday and Friday. Do not miss it. I look forward to it. It's going to be a lot of fun. And crisscross the, our fingers at the weather's nice. I've just checked. It's looking good for now. Hey, speaking of looking good. If you're a bull in this environment, you know, this is your day. Thank you. You're welcome. The risk trade is definitely on. It's a broad based stock rally. U S treasury yields backing off on some softer U S economic data. We are all over the data. We're all over the trade today. Also, we're all over equities that are making big moves best by rising the most Carol in nine months that following earnings. Yes.
The Bitboy Crypto Podcast
A highlight from Crypto Market Dip NOT OVER? (J. Powell Hints More Rate Hikes)
"We are here in the Bahamas working to make it right. If you can't have a millionaire, would you keep working? The commander is here. What's going on right now is California's trying to figure out if they can defeat the government that popped the pot. Yeah. Oh, I can. Welcome to BitBoy Crypto! Home of the BitSquad, the largest and greatest crypto community in all the Interwebs. No channel works harder to keep you in the know about crypto than this one right here. My name is Ben. Come to you live every single day at 11 .30am Eastern Standard Time. Exactly. Also known as 9 .40pm MST, is that what you call it? Mountain Time Zone. Anyways, regardless, I digress. We are here at RARE EVO. We've got our Bencoin booth. I don't know if you saw pictures of it on Twitter. Super exciting. And, you know, it really made me think when we got here about what was going on last year at this time. And I think that's really where I want to start before we get into the show is really thinking about last year, this event was in October. And it was very interesting. I just talked to Charles. Charles just gave a speech on stage. Charles Hoskinson, founder of Cardano, of course. And last year, him and I did an interview on stage. And the interesting thing that really occurred was not what people got to see. It's what people didn't get to see. The behind the scenes was so interesting. Because if you remember, I made my famous Sam Bankman -Fried rant around the middle of October. This event was towards the back half of October, if I remember correctly. And the thing is, I had already marked the enemy territory with Sam. And our bill was progressing. And I had sent my bill to Charles. And I sent everything that, oh, there's crypto India. She looks like a monkey. She's got a banana. The fact is that we're spending all of our time and our resources and, you know, really trying to put things into this bill, and I asked Charles if he would support it. Same reason we sent the bill originally to FTX. And, you know, there's different stuff going on, but the point is the conversation went kind of like this. Charles, I don't understand. Why do you not want to support our bill? Like either financially or kind of giving it a vote of confidence? And he said, well, you know, I don't think the CFTC is going to like it, is what he said. He's been, you know, on Capitol Hill on the behalf of the Department of Agriculture, which, you know, all crypto falls under. And he said, you know, but here's the thing. I've dug into what you've been saying about Sam. And he said, it's true. Sam is doing all the things that you said he was doing. And here's the line. He said, but, you know, in the end, he's Sam Bankman -Fried. He's going to mess up. He's incompetent. That's what he does. And let me tell you, you want to talk about an accurate statement. Look how everything played out last year. Like being here and talking to Charles a second ago, it just really reminded me of that event. But here's the thing. You've got bad actors, okay? And there's a lot of bad actors in crypto. We know that. But the bad actors, they almost, in a roundabout way, it's like one of those circular staircases where you can't ever find where it, you know, enters and exits. Where are the good actors? And where are the bad actors? And the thing is, is that the bad actors, they almost force the good actors to be shown and to be present. And I think that's what you've seen over this last year is with the contagion and with the Alex Wyshinsky and Sam Bankman -Fried, you know, you really start to see who the good guys are, and they're not who they told you they were. And, to me, being here at Rare Evo again and seeing where we've gone in the last year, of course, you got a lot of bad stuff, but there's something like Bitcoin that now, you know, we're running. We've got our booth here. Super exciting. And it's all about crypto adoption. It's about taking those things that, you know, aren't quite right with crypto, whether it's the public perception, whether it's the education about crypto, whether it's the government, the policies, regulations, or whether it's the media, you know, we've got a lot of stuff to fix. And this technology can be used for the good. And that's ultimately what's going to happen. It's just a matter of the good guys, I guess, outshine the bad guys. So, we're going to get started here. There's Wendy. Wendy, you want to come, just come be on the stage? Do you want a banana, you hungry? I must ask you a question. Where is Bitcoin going to? We're going to go to do our show later today, I think. Tomorrow. Tomorrow, yeah. Our show's tomorrow. We're going to film lots of episodes tomorrow. Yeah, we're going to do four. So, we're going to have four for you guys. And you're going to be wearing something, aren't you? Oh, yes, I bought an apron. Do you want me to wear a muumuu? I draw the line that started to look like a woman. It was a cat muumuu, but they had one in blue. Yeah, they did have one in blue. It is true. It's not the color. It's like a dress. I know, but you could have worn pants. You can't do it. It could have been like ATL shorty. Shoddy. It's shoddy. It's not shoddy. It's shoddy shoddy. Well, from the west side. I can tell. I can tell. ATL. Shoddy shorty. Okay, well, here's orange you glad that you brought that banana? Bye, guys. Okay, guys, let's go get started with MarketWatch here. As you do know, we did officially switch to CoinGecko from CoinMarketCap. Now, I can't really see the chat, I don't think. So, yeah. So, guys, I love you a lot. I can't see you today, but you get to see me. And we're probably going to, guys, we're probably going to plan on ending it about probably 12 .30 today. So we're going to go through the show kind of quick. Okay, so here we go. We are on CoinMarketCap. Okay, there we go. Is BJ manually switching this? He's in here. Okay, looking at the overall markets. By the way, CoinMarketCap did actually start fixing some stuff. So they did email me after my big tirade the other day. So we'll see what happens there. The market cap almost at $1 .1 trillion. You know, we were just barely over a trillion a couple of days ago. Volume, $36 billion. Bitcoin dominance, 46 .4%. ETH dominance, 18 .2%. I'm going to get a little more used to these CoinGecko numbers to know whether that's up or down. I don't even remember. Gas, 15 .0 Paraguay to send you an ETH transaction. And I hope you guys enjoyed us going live from this, thank you, we're going live from rare evo today. This is one of these things where, you know, the more we travel, the more we go to events, you know, we can have BJ with me. He's an animal with the tech. And there he is. There's BJ, ladies and gentlemen. So, you know, we want to be able to bring you guys more live shows even when I'm on the road instead of, you know, look, we love Deezy. He's great. He's here. But I know you guys don't necessarily want to fill in. And all my Deezy fans, I guess y 'all like around the blockchain anyway, so he's going to be going live or going to be doing a show from here as well. Bitcoin coming in at $26 ,000 approximately. Ethereum coming in at $16 ,400. Uh -oh. Scam. BJ, Scam Likely is calling you. Scam Likely is calling you. $16 .48. Let's see. Where is the old XRP coming in at $0 .51? Yeah, I mean, we pretty much wiped out the entire gain from the lawsuit. And I wasn't expecting it to retrace all the way, but I guess it kind of depended on how high that it went. If it had gone $3X, then it shouldn't have. It just doubled. $0 .50 to $1 and then, or whatever it was, $0 .45 to $0 .90, and now it's crashed back down. But, of course, that's a reaction to the overall market. A lot of people are really expecting a big drop here. And I'm just not. Like, I just don't see it. I try not to get too caught up in the narratives. And, yes, there are some things about the 4 -year cycle that do indicate that there should be more down action, especially compared to Ethereum to Bitcoin. You can chart it doesn't look good. But I almost feel like everybody talking about it, you know, it seems to sometimes negate that. When everybody's expecting a big drop, it doesn't really happen. That's the thing. When we got our big drop from $70K at the top, nobody was expecting that. When we got the FTX collapse, right? Out of nowhere, nobody was expecting that. And so right now, everybody's telling you a big drop is coming, and it's like Bitcoin just loves to defy the narrative. It fits within the fundamentals of the 4 -year cycle, but in the micro, Bitcoin likes to defy. So, or defies, I may say. Let's see. Albert Condi with Superchat. I actually have the chat now. Yobin, you guys have lawyers on your payroll, right? Of course, with all the legal attacks from the US government, I want to watch some streams of discussions with lawyers who know crypto. Okay. That might be something we could, you know, might be better for maybe pre -recorded video rather than live streaming. Live streaming would be good too. But, yeah, thank you for the Superchat. Turn noise cancelling off. What does that mean? Is that us? Okay. One. What are you doing, BJ? No. BJ says no. BJ says no. We can only do the best, guys. What do we got? So next time, BJ says we're going to be a little bit even better prepared, so. We got RollBit coming in, 19 .7 % gains. If you guys did not know, RollBit is kind of a competitor to Stake in a sense, so we can't be covering RollBit really too much on this channel other than to say, look, the price went up, went up 20%, nice pump, and it's one of these things that's been running in the bear market, and it's obvious because people just want to gamble in the bear market because there's not a lot of gains to be had in the crypto world, so unless you're shorting or leverage trading, so RollBit's one to watch. Now, you know, Stake doesn't have its own coin, which is very interesting. I doubt they would ever do that. I don't think it's somewhere they want to get it, something they want to get into. But, you know, are we seeing a decentralized version kind of pop up? We'll have to see how RollBit goes. We have some coins up, barely. Big Ed token, Quant, Mantle, Polkadot, DYDX. So, alright, so let's go ahead and move on. Don't forget, guys, in here at the booth over here, we have a ton of Bitcoin merch. You guys, don't forget to check out hitmerch .com. We got an entire Bitcoin collection. So, you know, it's some really cool merch. Hope you guys check it out. I'm going to be in a dunk tank later, and I guess I'm probably going to see if we have some Bitcoin tank tops and shorts for me to get in the dunk tank with. It'll be everywhere now for charity. Alright, guys, moving on here. US Fed's Jerome Powell and Jackson Hole prepare for more rate hikes, so kind of serious, kind of, kind of not necessarily unexpected news, but they are really committed to, you know, lowering these rates and getting inflation under control, at least making it appear that it's under control. It's kind of like this. It's like, you think of quantum easing or quantitative easing, you can kind of think of it as like a superpower for the Fed, I guess, right? Like, what happens is, you know, I used to remember this game we used to play, right? All the boys, the boys, we go to the arcade. There are two games, really three games, that were four -player games that people just loved when I was a kid. You had The Simpsons. Simpsons was a four -player arcade game. It's pretty cool. Whatever. One of my favorite one, but I did beat it because that's what I do. I'm a winner. You also had Ninja Turtles. Ninja Turtles, man, what a great game that was in the arcade. Man, 4x4 action, you and your buddies, birthday party, you know, go to a big place like, you know. We used to go to a place called American Adventures, but there's other places, Dave and Buster's. And so what happens on this X -Men game? They had this X -Men game. And that was the game we all loved more than any of the other ones because it had this cool superpower. You kind of like store the superpower up, and you are willing to go all the way down to like one bar of your energy. You just take the hits, take the hits, take the hits, because you knew the maximum value of when you use your special power that will blow up everything on the screen was worth it. The appeal to use the quantitative easing for the federal government and Jerome Powell for the Federal Reserve is more appealing than the temporary hits that the economy is taking. They know as soon as they turn the quantitative easing back on, that they're going to be able to fix everything just to mess everything up again. But that kicks the can down the road, right? So they're willing to take the hits going down to no energy, your economy not do well, there's tons of stats showing our economy is actually worse than the Great Depression right now. It's all fake, and it's all smoke and mirrors. That's what the government's learned to do better over time is create the optical illusion that everything's fine when it's clearly not. So, Jerome Powell is, you know, basically saying like, hey, here's the thing. Let's see if this is all part of the optics. We're going to keep raising rates. It's what has to happen for us to get inflation under control. There's no such thing as getting inflation under control, guys. Our money is worthless. There's nothing behind it. It's going to happen again. Powell revealed that the Fed staff intends to hold the interest rates at a restrictive level until they are confident that inflation is moving sustainably towards a 2 % target. They made their remarks at the Economic Policy Symposium, also popularly called Jackson Hole Symposium, or Jackson Hole Meeting, posted by the Federal Reserve of Kansas City. I actually took a picture outside that one time when I was there for a Chiefs Finals game. Prior to the speech, traders were anticipating the Fed chairs' comments on the long -term economic scenario amid the ongoing macroeconomic uncertainty. So, there we go. And, of course, Bitcoin price hasn't, doesn't seem like it's really done that much for the Bitcoin price one way or the other. Okay. So, also, guys, we have IRS spares, crypto miners and validators and new broker reporting requirements. And, you know, here's the thing, guys. I told you that this thing about who's a broker in crypto, right? It was in some language of the big Digital Currency Act that got, you know, implemented a couple years ago, and everybody was worried about this broker language because it was going to affect miners. I told you the whole time, guys, the system has a lot of different fail -safes in it, okay? And so when you see one of these stories like China banning Bitcoin, like, okay, cool, you know, it's not that big of a deal. I knew this broker stuff in the United States. I knew it was going to end up not being a big deal. The language was not clarified in the bill, but I said it would get clarified later. And here, you have the IRS saying basically exactly what I just told you, is that even though the bill said one thing, this is what the IRS is going to do and how they're actually going to legislate and regulate this, or I guess the IRS just keeps up with the money. How are they going to hold it financially accountable? The Department of Treasury released its highly anticipated proposed regulations for crypto currency brokers. Notably, it's chosen to exempt individual validators and miners under the proposed rules. And this is big for DAOs, too, guys. Under the proposed rules, crypto brokers will have to adhere to the same rules as securities brokers, including filing information returns and furnishing pay statements for all customers and traders. The Treasury stated that the proposed changes aimed to curb crypto tax evasion and prevent crypto investors and businesses from getting an unfair advantage. Biden said there's as much as $18 billion left on the table. We all know he wanted that so he could give it to Ukraine or his son could squirt it up his nose. The rules that passed would go into effect 2026 for the 2025 tax year, which is absolutely huge because the 2025 tax year is the year to harvest the gains, right? That's when the bull market is going to be thriving, probably ending somewhere around the summer of that year. So, let's see. Yup. You guys, we're in a big room here. This is what happens when you're live at a conference, is what it is. Okay. Alright. Let's move on here to the XRP trial here. And you guys know our XRP section is always brought to you by stake. You know, in my opinion, some of the best bread that exists is a golden crown. Golden crown has got these rolls there. Now, they don't have anything else that's good, but they've got these rolls. They're immaculate. They're so good. They're buttered. They're fantastic. And it really makes every other roll that you've ever had just taste mid. So, BJ, please play the mid roll. Thank you to our sponsor, Stake. Thank you to our sponsor, Stake. Also, thank you to Rare Evo as well. Okay. Why the SEC vs. Ripple trial may never happen. Insights crypto from lawyer Fred Rispoli. Talked to Fred a few times. Good guy. The SEC vs. Ripple Labs lawsuit has been a significant battle in the crypto world. On July 13, Annalisa Torres, the judge, delivered a complex ruling. It wasn't really that complex. Prominent crypto lawyer Fred Rispoli took to microblogging platform X. It's like calling Bitcoin the flagship cryptocurrency. Like, the microblogging platform X. Is that really what we're saying now? Come on. Ryder, I know you get paid for word, but come on. I can do better. Desiria's belief that the trial between the two Ripple Labs executives may never take place. Here's why Rispoli thinks so. Pressure tactics. He argues at Garlinghouse that suing Garlinghouse and Larson was a strategy to pressure Ripple into a weak settlement position agree 100%. Witness challenges. Imagining key SEC figures on the witness stand. Rispoli believes figures such as William Hinman and Jay Clayton could be tied to their roles in the Trump administration, which might not sit well with a New York City jury. Proving reckless. Rispoli questions about how the SEC could prove recklessness regarding institutional sales when the defendants can point to programmatic sales as being acceptable. Weak evidence. Of course, the evidence concerning domestic vs. international sales is considered weak. Reorganization of the SEC's trial team. They've already been making some internal changes to their trial team in this case. Back -to -back trials with the SEC's tight trial schedule may hinder its ability to focus on this case. It's one of these situations where Gary Gensler does not want to let go. He does not want to let go of this. But he's going to in the end see that this is a losing battle for him, and he's got to make the choice to move on. It's a hard decision because it basically means that everything he's been talking about, his entire stint at the SEC, is nullified. And what does that mean? That means that he himself becomes replaceable because he's been in charge forever and he's done nothing. That's the whole point. It's why we need someone to replace him. And the writing is on the wall for him, and he is going to fight until the last second, but at some point, he's going to have to give up the ghost because he's going to start getting pressure from people outside of him. When he starts feeling that pressure, that's when this is going to be over. The lack of bargaining chips. He's just as he has no bargaining chips left if the judge denies the motion for the appeal. So the Interlocutory Appeal, definitely something to watch, something to pay attention to. We had to find out and see, you know, where Judge Suarez rules on that. Alright, guys. Moving on here to Robinhood. And where do we have charts on there at all? Are we going to do charts at all today, BJ? We have it. It's on there, Ben. Did I go by? Where is it? It's after this. Okay. Okay. Perfect. Yeah. Okay. I got it. Okay. Oh, I see it. There it is. It's on my screen. I missed it. Can $1 .9 billion in expiring options shake the markets? You know, guys, we're getting to a place of decision point for the market. We're getting to a decision point. Bitcoin options expiry days come around again. And, guys, the end of Quarter 3 is going to be the end of September. That's going to be a, like I said, a decision point. Where is Bitcoin going to go? Are we going to continue upwards? And are we going to see things slowly ramp up to the halving? Do we need another bloodbath, another dump? Certainly don't see new lows come into play anywhere. But are we going to see a dump down to 20 before we have our resurrection point? It's all very interesting things to think about here. And if you look at traditionally when we were in the bull market, man, the end of those quarters would be absolutely brutal. They would destroy some of the pumps that we had. Now, we're on the backside. Now, we're in the bear market. Will the options within everyone's bearish attitude, will these actually counteract and go the opposite direction and cause a big pump? I certainly think it's possible. We could see that. Now, what does that mean? Well, the pain point for bulls and bears, the middle ground is $28 ,000. So at some point, it's going to either push up above $28 ,000 or it's got to show that $28 ,000 seems to be unachievable in the moment. Right now, with Bitcoin at $26 ,000, of course, it seems achievable. But are we going to dump down lower and make $28 ,000 kind of out of the picture again? We'd have to go below $25 .2K and hold below that. Here's some of the options. You guys can see here what this looks like right now. We are, you know, heading into the 1st of September. This is the 25th of August here on the left side. That, of course, is, yeah, the 25th of August. That's Friday. That's today. That's actually today. Today is, no, no, sorry, today's Thursday, right? No, it's Friday. It's Thursday. It's Friday. It is Friday. I forgot what day it is. We didn't do the show yesterday, so it got really turned off. It is Friday. Today's the day they expire. So, guys, we'll be watching for some interesting action. You know, see, you know, if Bitcoin is going to pumper down based on all this. Right now, it's holding strong. The overall market cap around $1 .1 trillion. So it doesn't seem to have that big of an effect so far. Okay, so let's go and move on to the charts.
Thinking Crypto News & Interviews
A highlight from FIRST CRYPTO FRIENDLY REPUBLICAN DEBATE! BINANCE US FIAT ON RAMP, STELLAR LUMENS XLM, & COREUM
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, I want to give you an update on the Grayscale versus SEC lawsuit. There was supposed to be a decision today, but unfortunately there was no decision. This is according to the Grayscale chief legal officer. Everyone is waiting in anticipation. What is the ruling on this? We're hoping Grayscale mops the floor with Gary Gensler and the SEC and gives the SEC another major loss. We're also hoping that Coinbase, they can get their lawsuit dismissed or at least beat the SEC in court as well. We've seen the court has been the balance of power where the SEC corruption and nonsense and illegal activity or unlawful activity has been getting exposed. Judge Sarah Netburn in the Ripple lawsuit said the SEC lacked faithful allegiance to the law and how many CEOs and folks in the industry have said the SEC is acting shady. They asked you to come in and it seems like they're doing and working with you in good faith, but they're looking to stab you in the back. So I'm hoping Grayscale wins this. I'm not the biggest Grayscale fan, but with regards to this situation, they filed for a Bitcoin spot ETF in addition to about 20 other people. And they've been trying to get an ETF for a very long time, but the SEC has denied these ETFs. And I think that's because they want their wall street buddies like BlackRock, specifically Gary Gensler's buddies like BlackRock and all these folks to come in and take over the market, to have them have the ETFs. How dare these crypto startups try to supplant these tradfi incumbents, right folks? That's the game that's been going on and we need the SEC and Gary Gensler to take more losses. I'm not saying the SEC doesn't have a job to do. Of course they do, but they have fallen far from that core mission to protect investors, to look out for bad actors. Instead, they're going after good actors in a very politically themed move, right? We see Gary Gensler, he has made the SEC very much about politics. We know he's Democrat appointed and it's unbelievable that he's doing that. He's not doing his job and he should be fired and kicked out. So this is why we need Grayscale to get a victory, we need Coinbase to get a victory. And obviously we had a big victory with the Ripple lawsuit where XRP was declared intrinsically not a security and secondary market sales, not securities offerings. That was a huge win, not just for XRP, but for the entire crypto market. So let's see if we hear anything by Friday or next week, but I'm hoping this comes soon folks, because Congress is going to be back in a couple of weeks where they're going to reconvene and try to push them crypto regulation bills through. And if the SEC is taking more losses, they're going to want to take action. So I think you need that catalyst. It seems that's the catalyst, because we started seeing a ramp up in efforts from Congress as soon as Ripple's ruling came through and it was positive for XRP and Ripple. The SEC took a big loss there. Trust me when I tell you, even though it was like a split decision for the most part, Ripple took the biggest share of the pie from a victory standpoint. So let's see what happens folks. Now everyone I think pretty much knows tomorrow is the first Republican presidential debate to feature pro -crypto candidates. You have Florida governor Ron DeSantis and businessman Vivek Ramaswamy, who are both pro -crypto. They've specifically Ron DeSantis has talked about CBDCs and the need for regulations. So I'm not here to endorse either of these candidates. I'm just stating the facts. We are entering a new era where crypto adoption is growing and even our political candidates and politicians can't ignore crypto anymore. And on the Democrat side, you have RFK Jr. who's very much into Bitcoin and also it's calling for crypto regulations. So this is very bullish folks. And this is why I'm sharing with you that you are aware that crypto is seeping into the mainstream, into politics, into pop culture, right? It is a growing asset class in technology and folks, this is part of the adoption. People understanding what's happening here, talking about it in different circles and different walks of life. And if you understand adoption of technology and new things, you go back and you look at the internet, this is part of it, right? In order for more people to come in and to adopt the technology, invest in it and do much more, they need to start hearing about it and seeing it, right? There's marketing principles here that many times people need to see things two to three times or hear about it two to three times before they're interested or they make a decision to purchase and so forth. So don't take this news lightly. It is certainly very important. So candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto related policies will be meeting for a debate for the first time. The August 23rd event will be the first time many of the Republican candidates will be in the same room amid a political campaign that has seen them targeting their rivals, though it's unclear if cryptocurrencies and blockchain will be mentioned at the debate. Some of the candidates have explicitly mentioned plans to include the technology and policies should they win the party nomination on and the presidential election. Florida governor Ron DeSantis is trailing by double digits to Trump, according to several polls will be leading. It will be the leading candidate among the eight contenders in July. The Florida governor promised to ban central bank digital currencies in the US should he be elected president, citing concerns about giving the government authority over consumer payments. He previously signed a bill aimed at largely prohibiting the use of a federally issued digital dollar in Florida. Rama Swamy, who at 38 years old is the youngest candidate in the running, has advocated for the 2024 election to be a referendum on fiat currency. He spoke at the Bitcoin 2023 conference in Miami to announce his campaign would be accepting Bitcoin donations later receiving praise from ex CEO Elon Musk as a promising candidate. Now Miami mayor Francis Suarez, and many of you may recall my interview with him back in 2020, who gained popularity in a space for promoting pro -crypto policies in the city entered the presidential race in June. During this time as mayor, he announced he would accept certain paychecks in Bitcoin and was involved in the Miami coin token project for Miami residents. Suarez said in a now deleted post on X, formerly Twitter, on August 18 he had qualified to appear at the Republican debate. However, this claim was contradicted by GOP officials on August 21st following an announcement regarding the debate participation list, which included eight names with Suarez not among them. So Suarez didn't make it. We know he's super pro -crypto. I had interviewed him and they were looking to potentially put Bitcoin on a balance sheet in Miami as well. So folks, once again, this is not to endorse any specific candidate or party, but rather just step back, put aside politics for a second and just look at what's happening in the landscape of adoption of crypto. And part of it, like I said, is the recognition in mainstream and politics and much more. And you know, the folks who are running for president, who are going to take policies or help create policies around crypto and turn it into law. So this is significant. And I'm so bullish when I see things like this. Once again, I got in in 2016 and I couldn't imagine this happening. You have pro -crypto candidates and we'll see if it becomes a topic. It will be very interesting if it comes up, folks, giving crypto prime time coverage in the mainstream media. Now let's move ahead. Really interesting news around Binance US. So Binance US renews banking push with MoonPay deal. Binance US is pushing into fiat support again via a MoonPay partnership. Now, many of you may recall they turned off fiat on and off services with Binance US, you know, getting sued, of course. But it looks like they're like, OK, whatever the dust is settled, we're going to try to get fiat on and off RAMs again. So Binance US has been working on integrating new US dollar on RAM solutions, such as partnering with third party payment provider MoonPay. The company told customers in an email on Monday, which was reviewed by BlockWorks. It wasn't immediately clear what crypto currencies would be supported for buying and selling in dollars via the MoonPay partnership. One indicator pointed to Tether's USDT as being the sole supported asset at launch. Representatives for Binance US and MoonPay did not immediately return a request for comment. MoonPay supports debit and credit cards, as well as ACH transfers. The exchange before the US SEC's lawsuit earlier this year previously supported buying most crypto assets via dollar deposits and in turn selling those currency, crypto currencies in a dollar conversion, which would then be withdrawn by customers of Binance's platform. An update listed for Binance US's app on the App Store or Apple App Store at the end of last week said users could now buy and sell USDT with USD in app via MoonPay. So folks will see, you know, I'm still hesitant here with Binance US, not because I don't trust CZ or whatever, but rather I think Binance is in the targets of a lot of regulators. You know, there is a macro political play here that, you know, Binance is often associated with China as a Chinese company. So from the folks I've been talking about who do a lot of advocacy and lobbying in DC, they said a lot of people don't like Binance. So I wouldn't be surprised if the regulators come down really hard on Binance US. I don't think they can really do anything to hurt Binance .com, but Binance US being a US company, it's an easy target, right? So I would probably avoid Binance US. I was using Binance US before, I'm not using them right now. Once again, it's not because I hate Binance or I have a problem with CZ or something like that, but rather something is cooking up here with the regulators. Now, a great exchange that I do use and I trust and I've been using them since 2018 is Uphold and they're a sponsor of the podcast. And once again, I'm a user of the platform, so I'm not promoting something I don't use. I've been using it for years. That's why I selected them as a sponsor. They have 10 plus million users, 250 plus cryptocurrencies, and they're available in 150 countries. I recently interviewed the CEO of Uphold and they offer precious metals as well and equities so you can trade both. And yeah, if you'd like to learn more about Uphold, please visit the link in the description. All right, let's move ahead. Chinese government officials sentenced to life in prison for operating Bitcoin mining enterprise. Now, the headline here is a bit misleading because it wasn't just that that he went to jail for, but he was doing a whole bunch of other things. So, you know, it's not just crypto, but just corruption in general. So a court in China has handed a life sentence. Wow. Life sentence to Yi Zhao, a former member of the Chinese Communist Party for corruption charges, including facilitating crypto mining operation. Zhao was vice president of the Xianzi provincial committee of the People's Political Consultive Conference. Wow. Try to say that five times fast. The court also found Zhao guilty of power abuse. He has been convicted of accepting more than 125 million yuan, which is about 17 .1 million dollars in bribes between 2008 and 2021. So this guy had a lot of stuff going on, but he was trying to help. He helped companies that were engaging in crypto mining. And this was during the period where China had banned crypto. We know they unbanned it, of course. So and they're doing obviously China did a 180 on crypto. Hong Kong is all in. China's trying to create a Silicon Valley for crypto. I think in Shanghai, if I'm not mistaken, they had released a, you know, Web3 white paper all about this. But interesting news here. And we got some more news of someone else going to jail. So former OpenSea, which is the NFT marketplace manager, Nate Chastain, has been sentenced to three months in prison and a 50K fine for charges related to NFT insider trading. So it looks like he was doing some some sort of insider trading. But, you know, obviously this is not anything crazy. Three months in prison, a 50K. I think he got off easy there. You know, I don't have all the details into how much money and all that, but just said FYI, he's the former OpenSea manager. Now, we got some interesting news around Stellar Lumens, the Stellar blockchain. And recently I interviewed Tomer Weller, who is a VP of product at Stellar. If you haven't seen that interview, be sure to check it out, folks. It's a good one. And Stellar is looking to launch smart contract technology on a blockchain. So Stellar joins Bytecode Alliance to help develop EVM alternative WASM. Stellar joined the industry group developing WASM, an alternative computation engine for running smart contracts. WASM is a competitor to the Ethereum virtual machine, also known as EVM, used by the Ethereum ecosystem. It is also used in non -blockchain browser -based applications. EVM is a virtual machine or computation engine used to execute smart contracts. It is used by most blockchain networks, including Ethereum, BNB, Smart Chain, Avalanche, and many others. But a few networks use WASM instead, including Polkadot, Multiverse X, formerly Elron, and Internet Computer. Stellar began as a payments network in 2014, but in 2022, it implemented smart contracts to provide more functionality to the network. In April 2022, Stellar developers chose WASM as their computation engine. They argued that despite the popularity of EVM, it's stored and execution models are expensive and challenging to paralyze, which gets in the way of scalability, making transactions more expensive. I love this, folks. I think more competition in the market is healthy, that is beneficial to innovators, builders, investors, and much more. We need a lot of competitors, and we need not just Ethereum having the monopoly on smart contract tech and EVM and so forth. So this is really great. I like that they're doing this. Stellar also argued that WASM was perfect for extremely adversarial environments like as it was originally developed for browser applications. This was another reason the team chose WASM over EVM. So interesting news here from Stellar. I do hold some Stellar Lumens, XLM, in my portfolio. Not a lot, but I do have it in there because we've often seen that XLM moves with XRP when there's price movements. But I'm still on the fence a little bit about XLM. Once again, I have some of my portfolio. I'm diversified, but I'm not actively accumulating it to be fully transparent. Now let's move ahead. Comanu becomes latest crypto firm to gain full license in Dubai. The crypto custodian is set to offer institutional staking and collateral management in the region via its Comanu Connect platform. Smart move on their part. They serve institutional investors, and they're going to an area where there's a lot of institutional investors, a lot of wealth, a lot of sovereign wealth funds. So we are seeing, folks, across the globe, the setting up of the infrastructure, on and off -ramps, custodians, and much more. And a lot of it's catered to not just retail, but just institutional investors, to a lot of family offices, investment firms, hedge funds, and much more. So very, very bullish news. The crypto custodian is among the first to receive a full virtual asset price provider, VASP in short, in a region that various companies in the segment have sought to set up outposts. Crypto firms interest in Dubai accelerated after the Emirates established Vara in March 2022. Vara has created a robust regulatory framework, allowing firms like ourselves to innovate whilst operating safely and exploring the future potential of digital assets, which includes tokenization and DeFi services. Khomeini's strategy lead, Sebastian Wittenman, told Blockworks in an email. Folks, do you see what's happening, right? Building and expansion merges acquisitions. This is what you want to see in this growing asset class, that this is continuing. People are bullish. They're expanding services globally. And this, despite the headwinds we're facing here in the United States with scumbag regulator Gary Gensler, and the lack of crypto regulations, the rest of the world is moving ahead. And when you have a huge market, once again, a lot of wealthy folks, we know Dubai is, I mean, come on, the wealth, the building, the expansion that's been happening there is incredible. There's a lot of capital there. So building this on and off rams for institutional players, that's very bullish for the future adoption of crypto and the prices, of course. Now, finally, I want to give some update around Quorium, which is, of course, a partner of the channel. And here it looks like BitPanda, the crypto exchange is going to be listing Quorium. They said, yes, Quorium, our newest BitPanda spotlight countdown is live. Subscribe to get some free Quorium so you can subscribe and get some free Quorium guys. The listing date will be August 28th. They said here, Quorium is a third generation layer one enterprise blockchain built to serve as the core infrastructure of future blockchain applications made to be an interoperable modular and fast ecosystem that lets businesses of any size launch DeFi applications and protocols in the metaverse gaming and banking remittances area. So they said here, please note that the ticker for Quorium on BitPanda will be Quorium as core corresponds already to core DAO. Are you best VIP already? If you are, you will receive some giveaway tokens. So, folks, go check it out. You can probably get some free tokens there. But, you know, if you want to check out Quorium on your own, you can visit their Twitter profile and also check out their website. But that's the news, folks. Thank you for watching, listening. Appreciate your support. Please hit the thumbs up button. Leave a comment on YouTube. Please hit the five star rating and leave a review on the podcast networks. Check out the merchandise store already. Thank you all and I'll talk to you all later.
CoinDesk Podcast Network
"suarez" Discussed on CoinDesk Podcast Network
"So, I have some news about an old Coindesk favorite. That's Sam Bankman-Fried. He's the disgraced ex-CEO of FTX, of course. And the headline from our story yesterday was Sam Bankman-Fried faces jail time as Justice Department pushes for incarceration. And the background here is that the Department of Justice, which is prosecuting SBF, is accusing him of improperly influencing witnesses in the case, particularly Caroline Ellison. That's the former CEO of Alameda Research, which was part of the FTX empire. And this relates to a story in the New York Times recently publishing Ellison's private diary, which SBF's defense team isn't denying came from him. And basically, the DOJ says that this leak amounts to more than fair comment to the media in this case and was an attempt to discredit that witness. And now the DOJ is asking the court to send SBF to jail. And this isn't the first time the DOJ has accused SBF of doing this, of trying to influence witnesses. And it seems this is continuation of SBF singing like a canary when everyone says he should just be quiet and he just can't seem to stop intervening in this case. So what do you think, guys? This is not just any witness, Ben. This is reportedly an ex flame of SBF. So there is something certainly a bit Machiavellian here that adds another degree of richness to this unending saga. So got to say it, you know, based on some reporting from Tracy Wong and Coindesk, first getting that story out into the world that there was some personal relationships in addition to the business relationships that defined the FTX and Alameda connectedness, I guess in this instance. So yeah, certainly, you know, the judge here, I think, is going to have an interesting choice to make, right? Does SBF have the ability to communicate with the press or should this be seen as a step too far and should, you know, subsequent action as it relates to his bail bond, all that stuff be taken? And that's really what it comes down to whether or not, you know, this is another in a long line of actions that suggests that, hey, maybe home confinement is not the appropriate punishment in the immediate term leading up to this October trial that everyone is waiting for. So, yeah, it's going to be a tough decision, tough call, you're going to be curious to see which side the judge lands on. But yeah, Will, what are your thoughts? Yeah, part of me just wants to not hear about this story anymore, and for one reason only, and that's because there's always something more interesting happening day after day. And we just kind of see it as it passes by us, right? Instead, I'd love to wait until the ending and get it all rolled out by some awesome director who can just put this story together for us, as opposed to just kind of covering it in bits and pieces as it comes out, because this is really juicy stuff, right? Like, we have two lovers, we have someone's second home in their parents' basement, might be going to jail. He was extradited from the Bahamas, they ran one of the biggest exchanges in crypto. There's lots of great pieces here, and we talk about this time and time again, but every time we talk about it, there's like a little nugget that we add to the story, a little bit here and there. So I'm just waiting for all that to happen. I kind of want to gloss over till we get there, but unfortunately, that's not what we do, you know? We cover the news. So, Danny? Yeah. Now, who would you cast as Sam in this movie? I think that I would ask Timothée Chalamet to be a character actor, gain a lot of weight. I think he's perfect for the role. What about you? What do you think? Jonah Hill is a solid choice for someone there. That's my take. I like that. Yeah. On a more serious note, the thing that I can't get away from on this case is this guy just cannot shut up. I think there was a statistic out there. He's made a thousand calls to lawyers in the past few months. I'm sorry, not to lawyers, he's made more than a thousand lawyers. He's made a thousand calls to journalists, not me, unfortunately, in the past few months, all trying to shape the narrative. It's well-established in the courts that defendants do have the right to talk to the press about themselves. It's definitely not advisable from a legally wise perspective, but it is allowed on the First Amendment to talk about your case in yourself. What's not allowed, the feds are saying, is trying to influence witnesses and corrupt the state of play. That is what Sam is alleged of having done here. That is why he could face jail time before it's prison time. That's something to think about. All right. That's it for the show today. Thanks for watching The Hash. Thanks for tuning in for the Mayor Francis Suarez interview in which some news was made. Good stuff. Way to go, Ben. All right. It's Ben Shiller, Will Foxley, Danny Nelson. I'm Zach Seward. We're The Hash. We'll see you later. Bye. Thanks for listening.
CoinDesk Podcast Network
"suarez" Discussed on CoinDesk Podcast Network
"So Ron DeSantis, the governor of Ron DeSantis, has said he would ban a digital dollar or CBDC if he's elected president. Would you do the same? Oh, yeah. I mean, that's easy. Of course. I mean, you know, that's an easy position to take. I think the harder position is to find out what are you for in terms of Bitcoin and in terms of, you know, other technologies related to blockchain. But I think banning CBDCs, central bank digital currencies, is easy. I mean, nobody wants the federal government or any government knowing where you have your money, how much money you have, et cetera. It's a violation of our rights of privacy, and I don't think anybody wants that. So I think that's a very easy position to take. I don't think that there's anything particularly innovative about that. But certainly, I have never been a fan of central bank digital currencies. Yeah, I'll jump in here for one last question, just going towards the Bitcoin angle. There's a lot of talk among other Republican candidates for president talking about their different policy opinions on Bitcoin. At this point, I'm just sort of curious if it's just a talking point, again, that we typically see in the run up to elections, or we actually like moving past that towards where Bitcoin's an important discussion point for candidates for policy reasons. I think people are starting to realize how many enthusiasts there are, how big the ecosystem is. And look, nothing motivates politicians more than voters, right, and votes. And certainly, when you start to see that the ecosystem is large enough, I think that's part of it. I think the other part of it is when you see how poorly our monetary system has been managed, right, and the stability of the current Bitcoin infrastructure and how it's been stable versus, you know, vis-a-vis liquidity, stable vis-a-vis hacking, stable vis-a-vis policy, because you know the creation, you know, having schedule, you know, how it's, you know, inflation, sort of inflationary creation of money or Bitcoin. And you also know that it's asymptotic, right, that it's going to get to 21 million. And then that's it, there's not going to be any more issue. And it's, you know, highly divisible. I just talked about, you know, contributing 0.000034 Bitcoin, right? So it's a highly divisible asset. So I think there's so many strengths and, you know, it's gotten to a point where you can't put the genie back in the bottle. I was just reading an article today about how China is banning Bitcoin, but yet that there's, you know, millions and billions of dollars of Bitcoin transactions that are happening. One last question. We'll sneak in just for your personal take. You know, FTX saga is unfolding. We have the Coinbase sparring with the SEC, a Ripple Labs judgment, very much many things going on in the regulatory sphere. Specifically, I'm going to ask you about FTX, right? FTX arena was a visible part of the Miami scene for a while there before FTX wound down and was alleged to be a massive fraud. What are your comments on FTX and what do you hope to see happen to SPF? Look, I think what happened there was you had a good technology, right, insofar as you had an exchange. And then unfortunately, they took the custodial assets and started gambling with it. That's what it appears to be. And that's the problem. Like, you can't do that in a bank right now, right? You can't just take people's money and start betting it in high yield instruments. And they fooled a lot of people. I mean, you know, a lot of people, which were very sophisticated investors, you see their investor debt full of the most sophisticated investors in the world were fooled. And I think, you know, at the end of the day, it appears that that fraud occurred in terms of what was being done with these custodial assets. And listen, when something like that happens at that massive scale, people have to be held accountable. Well, thank you for joining us, Mayor. That's Mayor Francis Suarez of Miami, also a Republican presidential candidate in the 2024 race. Thanks so much for your time. Thanks, guys. Good to talk to you.
CoinDesk Podcast Network
"suarez" Discussed on CoinDesk Podcast Network
"This is the hash podcast. Stay informed with the latest on Bitcoin, ETH, the metaverse, Web3 and more. All on the hash for your ears. You're listening to the Coindesk podcast network. Hey there, it's Coindesk TV. You're watching the hash. You might be listening to us on the podcast. That's also cool. Thanks for being here. I'm Zach Seward. We've got Will Foxley, Ben Shiller and Danny Nelson today. What a lineup. We've got lots to get to and hopefully including a special guest. Danny, I'm going to throw it to you. The latest hack to grip the world of DeFi. Major update on that. What do you got? Yes, we are starting off with a bang today on the hash, talking about Curve Finance and that $61 million reentrancy hack that happened over last weekend in which a hacker was able to drain a bunch of different token pools because of this unknown bug in a compiler. Anyway, the DeFi protocols that have been affected, Curve, Alchemix and Metronome, I believe, have been trying to get their money back, attempting to negotiate with the hackers. And today there was a breakthrough after promising not to pursue the hackers if they return at least 90% of the funds. One of the hackers seems to have sent $10 million back to Metronome. And this is a result of some successful negotiations already. And we're starting to see that this surprising outreach campaign is actually working. So Will, I'll start it off with you. What do you think of the situation? Good news at the very least. We like to see when people decide to give money back after these hacking situations, it's become much more common after these hacks to see at least part of the money go back. And that's often spurred for two reasons. One, the bounty, which is typically put out there as a carrot. And two, the possibility of a stick, that being like the US government or someone else coming after you and ruining your life, throwing you in jail. But the last example we have of this was with Mango Markets back in the fall, where there was a developer who hacked Mango Markets using what was actually pretty fairly like open market techniques in order to squeeze profits from the trading platform. Mango Markets was essentially wrecked during it and could not operate for quite a while. And then as more information came to light, this person was found out and that person's now dealing with the Justice Department, which is not a whole great situation. But if you can go in the other way, get like a 10% bounty, give the money back, and claim to be like a white hack or at the very least a gray hat hacker, then you avoid bars. And so we've seen this quite a bit with crypto. One thing I want to pull on here is just see this idea of like libertarian markets, right? Where often in traditional markets, if you get hacked or something goes wrong, well, you can always call the cops and they can come fix your problem. It might take years, but typically is resolved in some way if there's enough money. In the wild bless of DeFi, I mean, there's not often someone to call unless you really have a good line there. And so sometimes these hacks, they just put up a bounty and then there's reversal hacks, right, where you get docs and they figure out where you are, who you are, what your trading strategies are. And sometimes it's actually worse to not come forward and accept the bounty. So I think that there's some possibility we could see this reversal here, which would be amazing for the Kirk ecosystem, might get everyone off with just a warning as opposed to a lesson, but definitely positive development this morning. Zach. Yeah. The whole, you're alluding to the mango, the Avi Eisenberg episode where one man's quote unquote applied game theorist is another's market manipulator. And that's sort of the essential tension of DeFi. What is off limits and what is fair game? If the code allows it, what's the problem? It's where DeFi intersects with the real world and the real legal system, where you see some of these big ramifications play out on people's lives. And so I think, again, the looter behind this incident is probably reckoning with that and reckoning with the fact that because these systems are transparent, are public, are auditable, it's really hard to get out of the bank vault with the money after you do the heist, right? It's really difficult to escape undetected and with your ill-gotten gains. So often you sort of see, again, this turnabout where a hacker becomes a white hacker after the fact when presented with a path for escape that may be some percentage of what was initially pilfered. And we seem to be seeing that here. I think there's a lot of stuff to talk about as this relates again to sort of the knock on effects that we saw with this, with the whole, the curve crisis and the potential liquidation that Michael Agaroff was facing and all that good stuff. But as it relates to the money taken from the initial incident itself, which is not huge, again, in the history of DeFi hacks, but certainly the ramifications that played out over this past week have been notable and worth opining about. So I'll toss it to Ben in case he has any thoughts on sort of how this whole thing is unfolded. Yeah, I don't have much to add to that. I thought you and Will put it very eloquently there. I just think it's strange as you say that a criminal person could go from criminal to hero in the switch of an eye. So it's fascinating to watch this play out. All right. Well, we'll leave it there. That's some good stuff. I think we're changing gears to our next segment. We have Miami Mayor Francis Suarez, who is now also a Republican candidate for president. Mayor Suarez, thank you for joining us. How are you doing? It's great to be with you. Have a big announcement today, which is that officially my campaign is accepting Bitcoin. And you can do that by going to my website, FrancisSuarez.com, and donate as little as 0.000034 of a Bitcoin, which roughly is the equivalent of a US dollar. But of course, I denominated in Bitcoin, not in dollar. So look, I think it's a watershed moment for the country to have a candidate who gets their public sector salary paid in Bitcoin and has actually borrowed money against that Bitcoin account, creating more utility for Bitcoin and showing that it is an asset that has value, that has utility. And this is a process of developing technologies that are going to create democratizing opportunities for wealth creation and are not manipulated by human beings that have alternative motives, political goals, etc. Yeah, interesting. That's a very interesting development. Will Foxley, our resident Bitcoin maxi, was joyously celebrating said announcement, one BTC equals one BTC. He loved that as well. I guess my question, I'm super fascinated to see crypto Bitcoin, CBDCs even emerge as a real talking point in the 2024 elections. CBDCs specifically, I think, especially in Florida with Governor DeSantis have become a major lightning rod. I really want your thoughts on why Bitcoin crypto CBDCs are entering the political calculus for this cycle's presidential race. It's really simple. It's because under Bidenomics, the poor are getting poor, and that means rising inflation and rising interest rates because there's out of control spending. There's no check and balance on the monetary system. What happens is the federal government goes crazy, starts giving away free money. And then the Fed, which sees rising inflation, which means that people's purchasing power goes down. Literally, if you have money or bank account, you literally get poorer. And then on the other side, they say, hey, we've got to stop this. So they start raising interest rates. So now you get hit by both sides. You're purchasing power, the money you have in your bank account goes down, and then your borrowing costs go up. So you're literally getting attacked by both sides of the ledger. And that makes people want to hedge and get away from that to a system that isn't controlled by politics, that is completely decentralized, that is completely secure, completely liquid. You can get in and out of it at any time of the day. And that's why you've seen Bitcoin's run this year, which it's up significantly from the beginning of the year. So look, again, and I'm not here to give investment advice, I'm not telling people what to do. But what I am saying is look at the fundamentals of how the system works, right? Do your due diligence. And I think that bodes well for a system, which probably to me, from my perspective, I'm not afraid of that world, right, because the U.S. should be judged on their economic might. And we are economically mighty when we have a strong economy, when we don't have a bunch of deficits. You saw today a Brazil talking about, Lula talking about de-dollarizing, right, I mean, this de-dollarization campaign is happening worldwide. And so we're going to have to compete in a different way. We're going to have to compete, not because we're the world's greatest currency, but because we're the world's greatest economy. And I think that's, if we focus on the digital economy, right, artificial intelligence, quantum computing, virtual reality, obviously crypto, all these things, we're going to create a generation's worth of prosperity. We did it in Miami. We're number one in wage growth, lowest unemployment in America, highest tech job growth, and highest Gen Z tech worker growth, right? So why? Because we want to lean into these generational opportunities. By the way, I've taken a lot of heat for it. I've gotten criticized a lot for it. People will often say, oh, we're in a crypto winter, you know, what do you think? You know, do you regret supporting crypto? And I say, absolutely not. We were number one in blockchain investments. We were up 2000%. We had $800 million of investments in blockchain companies. But in addition to that, I know that these are technologies that are here to stay. One company versus another may win or may lose. But the technology is here to stay and it's going to revolutionize the future. The Miami coin episode versus your personal conviction in Bitcoin, which is something we can maybe get to a bit later. Thanks for unpacking some of those red meat issues, obviously, to the Republican base seems pretty animated by this stuff. I want to ask it to Danny. I know he has a question and then we can continue the conversation. Thank you for joining us. I'm curious to hear how, if you're elected president, you would change how the system works in the U.S. when it comes to crypto policy, like what is your vision for the crypto economy in the United States and what could you do to change it to better it? What's your vision? I think the biggest mistake this administration has made is that they don't understand crypto. So they have gone to a regulate by enforcement mechanism as opposed to, in my opinion, set the ground rules. Right. So you have to be able to classify certain digital products. You have to be able to have certain guidelines and rules that are clear with respect to custody of assets. And by the way, the players in the game will tell you they want rules. They just want to know what the rules are so they can play by the rules. A lot of these offshore companies should have been American and onshore companies. It's a tremendous opportunity for us to bring investment to our country. So for me, on day one, I would create an industry roundtable and create a set of regulations that don't advantage anybody. They're not meant to advantage anybody. What they're meant to do is make sure that you can create an innovative ecosystem and economy based on these products where everybody knows what the rules are, clearly. Yes, Mayor Suarez.
CoinDesk Podcast Network
A highlight from THE HASH: Miami Mayor Francis Suarez on Crypto Outlook; Looter Behind Curve Exploit Starts Returning Assets
"This is the hash podcast. Stay informed with the latest on Bitcoin, ETH, the metaverse, Web3 and more. All on the hash for your ears. You're listening to the Coindesk podcast network. Hey there, it's Coindesk TV. You're watching the hash. You might be listening to us on the podcast. That's also cool. Thanks for being here. I'm Zach Seward. We've got Will Foxley, Ben Shiller and Danny Nelson today. What a lineup. We've got lots to get to and hopefully including a special guest. Danny, I'm going to throw it to you. The latest hack to grip the world of DeFi. Major update on that. What do you got? Yes, we are starting off with a bang today on the hash, talking about Curve Finance and that $61 million reentrancy hack that happened over last weekend in which a hacker was able to drain a bunch of different token pools because of this unknown bug in a compiler. Anyway, the DeFi protocols that have been affected, Curve, Alchemix and Metronome, I believe, have been trying to get their money back, attempting to negotiate with the hackers. And today there was a breakthrough after promising not to pursue the hackers if they return at least 90 % of the funds. One of the hackers seems to have sent $10 million back to Metronome. And this is a result of some successful negotiations already. And we're starting to see that this surprising outreach campaign is actually working. So Will, I'll start it off with you. What do you think of the situation? Good news at the very least. We like to see when people decide to give money back after these hacking situations, it's become much more common after these hacks to see at least part of the money go back. And that's often spurred for two reasons. One, the bounty, which is typically put out there as a carrot. And two, the possibility of a stick, that being like the US government or someone else coming after you and ruining your life, throwing you in jail. But the last example we have of this was with Mango Markets back in the fall, where there was a developer who hacked Mango Markets using what was actually pretty fairly like open market techniques in order to squeeze profits from the trading platform. Mango Markets was essentially wrecked during it and could not operate for quite a while. And then as more information came to light, this person was found out and that person's now dealing with the Justice Department, which is not a whole great situation. But if you can go in the other way, get like a 10 % bounty, give the money back, and claim to be like a white hack or at the very least a gray hat hacker, then you avoid bars. And so we've seen this quite a bit with crypto. One thing I want to pull on here is just see this idea of like libertarian markets, right? Where often in traditional markets, if you get hacked or something goes wrong, well, you can always call the cops and they can come fix your problem. It might take years, but typically is resolved in some way if there's enough money. In the wild bless of DeFi, I mean, there's not often someone to call unless you really have a good line there. And so sometimes these hacks, they just put up a bounty and then there's reversal hacks, right, where you get docs and they figure out where you are, who you are, what your trading strategies are. And sometimes it's actually worse to not come forward and accept the bounty. So I think that there's some possibility we could see this reversal here, which would be amazing for the Kirk ecosystem, might get everyone off with just a warning as opposed to a lesson, but definitely positive development this morning. Zach. Yeah. The whole, you're alluding to the mango, the Avi Eisenberg episode where one man's quote unquote applied game theorist is another's market manipulator. And that's sort of the essential tension of DeFi. What is off limits and what is fair game? If the code allows it, what's the problem? It's where DeFi intersects with the real world and the real legal system, where you see some of these big ramifications play out on people's lives. And so I think, again, the looter behind this incident is probably reckoning with that and reckoning with the fact that because these systems are transparent, are public, are auditable, it's really hard to get out of the bank vault with the money after you do the heist, right? It's really difficult to escape undetected and with your ill -gotten gains. So often you sort of see, again, this turnabout where a hacker becomes a white hacker after the fact when presented with a path for escape that may be some percentage of what was initially pilfered. And we seem to be seeing that here. I think there's a lot of stuff to talk about as this relates again to sort of the knock on effects that we saw with this, with the whole, the curve crisis and the potential liquidation that Michael Agaroff was facing and all that good stuff. But as it relates to the money taken from the initial incident itself, which is not huge, again, in the history of DeFi hacks, but certainly the ramifications that played out over this past week have been notable and worth opining about. So I'll toss it to Ben in case he has any thoughts on sort of how this whole thing is unfolded. Yeah, I don't have much to add to that. I thought you and Will put it very eloquently there. I just think it's strange as you say that a criminal person could go from criminal to hero the in switch of an eye. So it's fascinating to watch this play out. All right. Well, we'll leave it there. That's some good stuff. I think we're changing gears to our next segment. We have Miami Mayor Francis Suarez, who is now also a Republican candidate for president. Mayor Suarez, thank you for joining us. How are you doing? It's great to be with you. Have a big announcement today, which is that officially my campaign is accepting Bitcoin. And you can do that by going to my website, FrancisSuarez .com, and donate as little as 0 .000034 of a Bitcoin, which roughly is the equivalent of a US dollar. But of course, I denominated in Bitcoin, not in dollar. So look, I think it's a watershed moment for the country to have a candidate who gets their public sector salary paid in Bitcoin and has actually borrowed money against that Bitcoin account, creating more utility for Bitcoin and showing that it is an asset that has value, that has utility. And this is a process of developing technologies that are going to create democratizing opportunities for wealth creation and are not manipulated by human beings that have alternative motives, political goals, etc. Yeah, interesting. That's a very interesting development. Will Foxley, our resident Bitcoin maxi, was joyously celebrating said announcement, one BTC equals one BTC. He loved that as well. I guess my question, I'm super fascinated to see crypto Bitcoin, CBDCs even emerge as a real talking point in the 2024 elections. CBDCs specifically, I think, especially in Florida with Governor DeSantis have become a major lightning rod. I really want your thoughts on why Bitcoin crypto CBDCs are entering the political calculus for cycle's this presidential race. It's really simple. It's because under Bidenomics, the poor are getting poor, and that means rising inflation and rising interest rates because there's out of control spending. There's no check and balance on the monetary system. What happens is the federal government goes crazy, starts giving away free money. And then the Fed, which sees rising inflation, which means that people's purchasing power goes down. Literally, if you have money or bank account, you literally get poorer. And then on the other side, they say, hey, we've got to stop this. So they start raising interest rates. So now you get hit by both sides. You're purchasing power, the money you have in your bank account goes down, and then your borrowing costs go up. So you're literally getting attacked by both sides of the ledger. And that makes people want to hedge and get away from that to a system that isn't controlled by politics, that is completely decentralized, that is completely secure, completely liquid. You can get in and out of it at any time of the day. And that's why you've seen Bitcoin's run this year, which it's up significantly from the beginning of the year. So look, again, and I'm not here to give investment advice, I'm not telling people what to do. But what I am saying is look at the fundamentals of how the system works, right? Do your due diligence. And I think that bodes well for a system, which probably to me, from my perspective, I'm not afraid of that world, right, because the U .S. should be judged on their economic might. And we are economically mighty when we have a strong economy, when we don't have a bunch of deficits. You saw today a Brazil talking about, Lula talking about de -dollarizing, right, I mean, this de -dollarization campaign is happening worldwide. And so we're going to have to compete in a different way. We're going to have to compete, not because we're the world's greatest currency, but because we're the world's greatest economy. And I think that's, if we focus on the digital economy, right, artificial intelligence, quantum computing, virtual reality, obviously crypto, all these things, we're going to create a generation's worth of prosperity. We did it in Miami. We're number one in wage growth, lowest unemployment in America, highest tech job growth, and highest Gen Z tech worker growth, right? So why? Because we want to lean into these generational opportunities. By the way, I've taken a lot of heat for it. I've gotten criticized a lot for it. People will often say, oh, we're in a crypto winter, you know, what do you think? You know, do you regret supporting crypto? And I say, absolutely not. We were number one in blockchain investments. We were up 2000%. We had $800 million of investments in blockchain companies. But in addition to that, I know that these are technologies that are here to stay. One company versus another may win or may lose. But the technology is here to stay and it's going to revolutionize the future. The Miami coin episode versus your personal conviction in Bitcoin, which is something we can maybe get to a bit later. Thanks for unpacking some of those red meat issues, obviously, to the Republican base seems pretty animated by this stuff. I want to ask it to Danny. I know he has a question and then we can continue the conversation. Thank you for joining us. I'm curious to hear how, if you're elected president, you would change how the system works in the U .S. when it comes to crypto policy, like what is your vision for the crypto economy in the United States and what could you do to change it to better it? What's your vision? I think the biggest mistake this administration has made is that they don't understand crypto. So they have gone to a regulate by enforcement mechanism as opposed to, in my opinion, set the ground rules. Right. So you have to be able to classify certain digital products. You have to be able to have certain guidelines and rules that are clear with respect to custody of assets. And by the way, the players in the game will tell you they want rules. They just want to know what the rules are so they can play by the rules. A lot of these offshore companies should have been American and onshore companies. It's a tremendous opportunity for us to bring investment to our country. So for me, on day one, I would create an industry roundtable and create a set of regulations that don't advantage anybody. They're not meant to advantage anybody. What they're meant to do is make sure that you can create an innovative ecosystem and economy based on these products where everybody knows what the rules are, clearly. Yes, Mayor Suarez.
The Charlie Kirk Show
A highlight from ndrew Tate Talk and DeSantis' Missed Turning Point with Raheem Kassam and Paul Manafort
"Hey everybody, today on the Charlie Kirk Show, I give you my take on the viral conversation Tucker Carlson had with Andrew Tate. Paul Manafort also joins the program. And we talk with Raheem Kassam about Ron DeSantis and the state of the 2024 race. Support our program charliekirk .com slash support. Email us as always freedom at charliekirk .com. That's freedom at charliekirk .com. Get involved with Turning Point USA at tpusa .com. That is tpusa .com. Buckle up everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust Andrew and Todd at Sierra Pacific Mortgage at Andrew and Todd dot com. The center of the conservative movement will be Saturday, Sunday in West Palm Beach, Florida. President Donald Trump, Tucker Carlson, Dan Bongino, Steve Bannon, Josh Hawley, J .D. Vance, Vivek Ramaswamy, Governor Asa Hutchinson, Mayor Suarez, and many others. But noticeably absent, we received a decline from Governor DeSantis. And here to make sense of it, Raheem Kassam, Raheem, who is not part of Turning Point, so maybe he can offer kind of an outsider's really kind of clear perspective here. Raheem, what am I missing? Why is why did Governor DeSantis decline our invitation to speak to six thousand grassroots super activists? Well, Charlie, thank you for having me. I'm sorry to have to talk about this issue because I know it's probably a particularly insulting one as far as you're concerned. I almost feel like I should be interviewing you about this. And and, you know, it's one of these things where you got to look like below the surface of this. I know a lot of people were speculating immediately that perhaps Ron DeSantis was worried about getting booed or jeered up on the stage. And my attitude towards that was, well, no, not really. I mean, it's a very welcoming audience. I've been to several of your events that people are never rude or churlish, especially to speakers that have been around on that circuit for years and years, as Governor DeSantis has been. And so I started to sort of think about, you know, what are the other pressures on the Florida governor at the moment that might be causing him to have to kind of park, to put it in a mild sense, snub is probably more more accurate and more representative of the insult that him and his campaign are doling out here towards those those grassroots activists. And what I came down to is this, DeSantis seems to be able to hop on a plane and get to a different part of the country almost every day to fundraise. There's no shortage of it. Yesterday, he was in Wisconsin doing a fundraiser with the Council on Foreign Relations, neoconservative AEI donor who used to give to Rahm Emanuel. And he has time for that. And he has time to go and see his donors in the Hamptons this coming week who are demanding that he explain why his campaign isn't got the momentum that, you know, they all promised it would have, especially if you give me two hundred million dollars, which people have done. And so I think this is probably coming down. Like actually coming down to what the campaign would refer to in newspeak as like scheduling clashes. Right. But what it really means is crisis talk. It's crisis and crunch talks with the donors. It's crisis and crunch talks about Iowa. It's crisis and crunch talks about why he's not making a move in the polls. And unfortunately, I think your event is getting the thin end of the wedge there. Yeah. And again, I don't want to play the victim. We have an amazing lineup here. But Rahim, it's I'm trying to understand the calculus of the DeSantis campaign. It's perplexing to me because you have voters that you have to win over. And by the way, we did a ton of events with Governor DeSantis last fall. Our audience is very fair. I see it completely differently. He if he wants to be the nominee, get in the arena and try to assert dominance. You know, buy a booth, do an influencer reception, try to win over the audience, open up questions. You know, Rahim, it's not just our students that are there. We have hundreds of pastors of mega churches that will be there. We have 500 donors. We have 10 billionaires that will be there. So it's not like there's no donors if that's a big priority. Every major media outlet will be there. 300 influencers will be there. But Rahim, I'm just trying to understand the calculus. And yes, we do consider it a little bit of a snub. And President Trump, to his credit, you know, attending is really something. Does it show you that that there's some sort of a plan that DeSantis has that we have not yet been read into, which is to kind of win the Chamber of Commerce primary first before actually speaking to donors? Because what I can say, Rahim, is what we are receiving from attendees and grassroots, hundreds of messages. People feel insulted that he is not attending this weekend. Yeah, I'm not surprised. I mean, the interesting part of it is that so many people may have been coming along in part to hear from Governor DeSantis. Right. Knowing that you would have and he's been at turning point events before, knowing that you have other presidential candidates up there probably thought like, hey, yeah, this is going to be a good time for me. You know, I've read so much about what's going on in the media or seen him on Fox all the time talking about this, that and the other. But I'd really like to get up close and personal and see, you know, maybe see if he's as awkward as people say he is. Maybe see if, you know, you can disprove some of those things by by meeting with a person, rubbing shoulders, shaking hands, all of the things that go on at political conferences. And to turn your back on that, like you said, this isn't just a student summit. There are there are thousands upon thousands of other leading people in the movement who will be attending your event. And it seems like that, OK. So Reuters today puts out a story that says Iowa is do or die for DeSantis. And this story appeared to be briefed by the DeSantis campaign. At least that's how it read. Right. People who know this world know what those stories tend to look like. And a source close to the campaign said this. Well, yeah, you just talked to the campaign and somebody didn't want to go on the record. So they are themselves now saying we are going to replicate the Ted Cruz strategy of 2016. Now, remember, Ted Cruz won Iowa, but also remember, Ted Cruz did not become the president of the United States. Ted Cruz lost the nomination. Ted Cruz was not the one up there on the debate stage against Hillary Clinton. And thank goodness for that, quite frankly, as much as Ted Cruz is good on some issues, he would have been no way near a candidate as strong as Donald Trump on that stage against Hillary Clinton. And so you look at who he's got behind him, DeSantis, right. Jeff Rowe, Axiom Strategies, that whole Cruz campaign team from back in 2015, 2016, and you go, oh, I see, you're just trying to do a redox. And the reason that they're spending more time fundraising rather than actually campaigning, which would involve turning up at your event, is because the consultant class want their big bucks paid out. What is this? No, finish your thought, please. Well, look, here's the other part of this that I've been saying for months now is that they're not running a populist campaign. They're not populists. The MAGA skin suit is about as much as they have offered to the Republican Party base in recent months. And sometimes it's not even that. They're putting together a new oligarchic establishment Republican donor class. And by the way, they're barely hyped. You can see when he goes to the Dominion Law Lawyers Office to fundraise, you can see when he uses Rahm Emanuel's old backers. You can see time and time and time again, Council on Foreign Relations, all of these guys. That's the team he's putting together. And that's not a populist way of campaigning. And maybe he's telling us something. Maybe he's letting us look. I'm not that much into you. So there's this story. I don't know how accurate it is, Raheem, that there's a kind of a crisis meeting in the Hamptons. Can you fill us in on that? I mean, I saw that you kind of broke that story, added some commentary to it. Yeah, that's right. Look, we were we were following up on a lot of the reporting that was done by Charlie Gasparino on the same issue earlier this week. And I think this story has gone around a little bit around the rumor mills, around the gossip mills. And it just came to a point where somebody was ready to report that out. And that's what that's what Gasparino did. So we pick up on the basis of that using my sourcing, the people I've spoken to. You'd be surprised at how many people down in Florida actually, you know, still still want to I say this as if you're on different sides, but reach out across the aisle of this Republican presidential primary and talk about what's going on and what needs to be fixed and the problems that are manifesting themselves down in Tallahassee at this current point in time. And so, yeah, it looks like at some point over the next few days, DeSantis and perhaps some key members of his team, his inner circle are going to be in Southampton, in the Hamptons in New York, and having to explain to some quite quite peeved donors like, hey, where is our money actually going? Because you have moved in the polls, you've moved downwards in the polls. So what's going on? You know, are we are we going to be supporting you in the future? Tell us what the plan is. And of course, the brief plan back to that is, you know, we're playing the long game. Well, let's get into the let's get into the I want to I want to get into the detail about that. And also just, you know, Trump standing in the party, I got in a little bit of a heated conversation with DeSantis donor the other day, and that's fine, like, he has a right to do that. And he's like, oh, Trump's going to lose the nomination. I don't know one person that's voting for Trump. So, yeah, you live in Aspen, okay, like just you live in Aspen, okay, you live in Aspen.
The Hugh Hewitt Show: Highly Concentrated
Former VP Mike Pence Discusses the Uyghur Crisis in China
"Week. Mr. Vice President mayor of Miami Suarez was on the program. He didn't know what the Uighurs were He said he didn't understand my pronunciation, but there's really only one pronunciation and he's entitled to his own defense But do you what do you think about the Uighurs ought? Republicans to be talking him genocide that the Trump -Pence administration declared formally on Mike Pompeo's last day as Secretary of State well, look it did when you think of essentially, what what amount to You know, I Assembled by the Chinese communists rounding up over a million Muslim Uighurs into these camps. It's uh, I think we got to call it the way we see it I think there is a there is an effort here at ethnic cleansing that's going on in China But it's just part and parcel of the repression in Communist China I mean you've had you've had a repression not only of Muslim Uighurs But you've also had you've had Christian pastors that have been jailed You've had other religious minorities that have been that have been repressed We just got to continue to speak the truth on the world stage about what's happening in China We also
The Hugh Hewitt Show: Highly Concentrated
Nikki Haley Weighs in on the Plight of the Uyghurs
"Be accused rightly of asking a gotcha question if I ask people what are the Chinese up to in Zambia? But when I asked mayor Suarez about the Uighurs and he didn't know what any sign mispronounced it and I didn't I'd stop beating up On him if he stopped blaming me for the question you on the other hand Discuss the Uighurs at great length and I would love for people to hear what the Chinese ambassador told you about it For your listeners that don't know the Uighurs, you know there are a million over a million now Muslim Uighurs that are in what I call concentration camps in In China and basically the Chinese they make them change their name change their religion Sexual genocide abuse which we swore never again would we look away from genocide? It's happening right now in China and and the reason no one says anything about it It's because they're too scared of China and that's the problem But the Uighurs had been mistreated for for many years when I was at the United Nations I I not noticed what was happening. And so when we were having some sort of hearing on human rights I actually called out China on what they were doing with the Uighurs and At a an event where all of the Security Council was there the Chinese ambassador asked me if I would Step away for a bit and talk to him and I did and he said I know you mentioned those people Today and I said what people and he said those people That we have in China and I said you mean the Uighurs? He said yes, and he said you don't understand the situation and I said, well, please tell me He said they are bad people and I said, what do you mean? He said they're criminals and I said you mean these are people that have committed crimes He said in some cases yet, but in some not yet. I said so they haven't committed a crime he said no, but if we didn't do what we do they would
The Hugh Hewitt Show: Highly Concentrated
"suarez" Discussed on The Hugh Hewitt Show: Highly Concentrated
"By the best I would say probably the majority of members of Congress now I want to follow up on a story yesterday speaker Pelosi speaker emeritus Pelosi endorsed an opponent of Christian cinema now I don't know whether or not this has legs would you tell us what happened and were you surprised by that I'm not surprised by that but speaker Pelosi has been getting involved in some of these more interesting Senate races so she's been for Congress and Gallego she's been trying to promote him and get him ready as he challenges cinema cinema is is contentious in the Democratic Party she changed her party membership to being an independent and so Democrats are trying to go to her left and oust her and and they think that they might have a real pathway forward with her as an independent and Pelosi is inserting herself there and as we know Pelosi is a very talented fundraiser so her joining Gallego is a big leg up for him the question is now tell I don't know much about Ruben Gallegos what what can you tell us about him he's a veteran I actually I have a personal story about Gallego so I was in the January 6 evacuation and when we were being led with lawmakers out of the House chamber to a secure location reporters me and a few other young ladies were basically told at the door that we were not allowed and had to go find a different place to seek shelter but we didn't know where to go and Gallego was walking by and he he offered for us to take refuge in his in his office which was not too far from the safe room so that's actually for him yeah and and so a ton of us were really grateful there were about five other reporters we're all between we're all in our late their late 20s early 30s and we're sort of mystified why we were not allowed into the room that would have had more Capitol Police protection but he sat in his room for a couple of hours and just watched on TV as the rest of it the assault unfolded so good for representative Gallegos I still want him to lose I don't know the Republicans are gonna nominate for that three -way race I still want him to lose but good for him for being a gentleman and a veteran Olivia beavers follower on Twitter and Olivia underscore beavers follow me to our number three of today's Hugh Hewitt show I'm joined by Jim Garrity in our three of the Hugh Hewitt show who's kindly agreed to demonstrate gotcha questions for me good morning Jim Garrity how are you Hugh every day with you is gotcha questions every day with Professor Hewitt you never know when there's a test you never know when there's a quiz and your listeners should know we do not coordinate what we're talking about we you know no we're not in the least for national review or the post maybe that'll interest you or you'll be like Jim have you been following the Ohio Republican Party actually it's Cuyahoga County there's a guy named Irving Schmidlapp who said don't get down on Irving I first want.
The Hugh Hewitt Show: Highly Concentrated
"suarez" Discussed on The Hugh Hewitt Show: Highly Concentrated
"To 80 percent of the cranes working in American ports are owned by Chinese companies get that fixed too I like to give you homework the Chinese company thirty bucks into the tip jar I'll talk to you next week don't go anywhere America I'm Hugh Hewitt there's no failure in sports come back America Olivia Beavers is with Politico she joins me each week at this time good morning Olivia how are you morning Hugh I'm good I have to say I saw that you were following the congressman Jimenez interview I would gather congressman Jimenez does not care for mayor Suarez very much no I I think that that was very clear on your show and he was saying that basically he thought he had a weak position as mayor it was ceremonial and then he was making fun of him for his I think he called it a lame excuse for for trying to blame the mispronunciation on you and I mean I agree like if there's I had some Republican communicators texting me and they go he could have owned it he could have said okay we're going to actually have another great day of publicity by meeting with human rights experts with the Uyghurs turning into a story and saying okay now I understand it let's move it forward instead he took to Twitter and decided to blame you on correctly the pronouncing name Uyghurs so then take the sting out of it by saying my friend look I got nothing against the guy but I did not mispronounce Uyghurs I've been covering the Uyghurs for five years and since the UN started to watch it six years I don't get it you did not and I will also say there's been another scandal on your show which is Mike Gallagher's acronym use so I think we have to decide which one's worse this week well Gallagher Oh Gallagher's worse we just have to grab the charity I want some real reporting here on on the House Appropriations subcommittees have to get their appropriations work done and we're running out of time under the debt limit deal how are they progressing do you know are they getting close I think that there's a lot of stress with the appropriations process especially after you saw conservatives making a big stink after the debt deal they're trying to go and it with a lower number but it's it's concerning appropriators about going back to the sentence saying hey we're we're X number below what we actually agreed to with the debt deal Chip Roy is someone who's coming out and saying you know if we get down to the fiscal year 2022 numbers we're gonna be okay but that can't include rescissions and that's not really what we're seeing in terms of how the appropriators are starting to draft it up so I think we're we're on a way of you know probably another big fight this is going to be a hard process for McCarthy to maneuver the speaker especially since he's dealing with his right flank threatening threatening sort of stability in the conference at the moment our earmarks back sorry our earmarks back in the process because that always makes it easier to pass a probes if earmarks are back you know there's a big debate Republicans were really against it but if they're able to sort of come up and describe them as more community projects they might be able to get away with it it's a way for them to go back to their district and sell it as long as they have safeguards in terms of not you know there's eliminating corruption and whatnot but there's also Republicans in the conference who feel so strongly against it that McCarthy might not really be able to be doing those projects even though they're more generally enjoyed.
The Hugh Hewitt Show: Highly Concentrated
"suarez" Discussed on The Hugh Hewitt Show: Highly Concentrated
"The question can Americans buy land in China of course the answer is no so it's a matter of reciprocity you're on high ground we are investigating this issue we're working on a bill a bipartisan bill that I would lead with the Democratic colleague of mine to fix this issue what we need to do is update the Committee on Foreign Investment in the United States CFIUS to ensure that it has jurisdiction over all land purchases and to ensure that it has the ability to consider u .s. food security as a factor in assessing the potential risk of a transaction like this so for foreign adversaries purchasing land near a sensitive site like a military base you could also set the bar higher at something called a presumption of unresolvability which would put a thumb on the scale since these transactions come with a good deal of risk incidentally when we fixed CFIUS and I already defined it so I don't owe you five dollars about four years ago or thought we fixed CFIUS we gave them the authority to tackle land purchases or deny purchases like this they then put forward a series of implementing regulations that were very vague and raised the question as to whether they had the authority so now we're gonna we're having indigo and fix something we thought we'd already fixed clarify congressional intent in order to stop this from happening because it is happening near sensitive military facilities and it is a bad bad idea to let the CCP or CCP affiliated entities buy land near military bases in the United States now I make the rules and if you say sissy fist and you don't spell it out Frank lunch says you got to say something seven times if you say it once and then you three times you owe 15 bucks in the tip jar because people don't get it the first I said CFIUS determine they relate back it's not a legal grief I feel like Sisyphus every time I'm on the show pushing a rock up the hill trying to get you to understand the acronyms here but notwithstanding that what does it stand for again the Committee on Foreign Investment in the United States it's an interagency committee so think DoD has a seat DOJ host I did it again Department of Defense has a seat Department of Justice has a seat and they need bucks today that's right they meet to consider whether purchases like this can go forward as well as other you know foreign investment United States something like tick -tock right now is is is mired in a committee on foreign investment United States review process and because it's a consensus driven organization oftentimes it fails to resolve these issues or it comes up with a mitigation plan where that is really weak and unenforceable which is what they were contemplating doing with tick -tock now there is another law called the Foreign Agents Registration Act FARA for short and the Foreign Agents Registration Act obliges people to register are all the people who bought this land on behalf of the Chinese government registered FARA agents now FARA is riddled with loopholes in fact one of the things I called for in a speech I gave at my good friend Jim banks defense conference yesterday in Fort Wayne Indiana was that in order to effectively wage ideological warfare we need to better guard ourselves from the CCP's attempts to corrupt Americans and weaponize the DC swamp against us and they use the opacity in FARA as well as all the loopholes in the lobbying disclosure arrangements in order to buy off elites in America including former members of Congress so one thing we're also working on is legislation that would fix the FARA process my simple view is that former members of Congress and high level executive branch officials shouldn't be allowed to lobby on behalf of foreign entities in general and China in particular I think it's a violation of the trust people place in them and that's what we've seen time and again with dominated CCP companies whether it's Huawei ZTE or tick -tock every time we try to defend our sovereignty they hire an army of lobbyists in order to weaponize the swamp against us so fixing FARA is in you know my top five things that we could do this Congress in order to guard ourselves from the corruption that the CCP does through something they call United Front Work now chairman Gallagher we're running out of time here but I used to do condemnation work in California and the state of California when they wanted to condemn land they low -balled it they deposited the amount of money in a bank account and they told you to litigate if we did that to the Chinese we would learn in the litigation a lot about their front companies so I just want to put a bug in your ear the moment we start condemning the land that they have bought or we suspect that they have bought we will learn a lot about who is a FARA compliant and who isn't FARA compliant so I'm always kind of thinking about this what's the next step for the select committee well you could do the California approach too and just claim there's like an endangered swallow on the land and therefore nobody could purchase it so all the California lawyers could be helpful in that regard here the next step for the committee we have three hearings coming up in July we're gonna have a very busy July one of which will be hopefully with administration witnesses representing different different agencies within the administration another will be on the the risks of doing business in China in light of everything we've seen with the raid of bane with the regulatory action against micron and then another hearing on the technological competition with China and what we need to do to command the heights of and representative him it has just told me that 70.
The Hugh Hewitt Show: Highly Concentrated
"suarez" Discussed on The Hugh Hewitt Show: Highly Concentrated
"Seaport related and I think it's their attempt to try to control trade around the world they my friend Michael Lauren who is Israel's ambassador United States defends the fact that they're building the port in Israel I think it's you who actually pointed out that their cranes are not just cranes is that you yeah that's me and that happened when I was the mayor of Miami day we we control the port of Miami and it turns out that we have you know of the big big cranes I think they're all made in China that surprised me well you know look I went to China and then when I came back I made it very clear I wanted nothing to do I didn't want to do business with it with the Chinese Communist Party and I said hey you know they said hey these all these cranes are made in China and then they also heard information that some of the software that's used not maybe in Miami because we use software made by Siemens but in other ports around the nation by the way in the United States 70 to 80 percent of the cranes that we use to offload all of the cargo is made in China right some of them what yeah 70 to 80 percent of the cranes in the United States and around the world that are used to offload cargo are is made in China and much of those many of those cranes have software made in China that communicates back to China to get upgrades well as they communicate back to China those upgrades you know there's information flowing back and forth and so the Chinese have access to a lot of data around the world the trading you know how trade is happening around the world to give them a competitive advantage the other thing too is look what happens if the Chinese decide not to sell us spare parts and so you know we could slowly come to to to a halt as these cranes you know you know breakdowns that we're not going to sell you any parts anymore so we have to be very wary of that I'm opposed legislation that mandates that all if you do have Chinese software in those cranes that have to you have to eliminate that software and then as you buy as you buy new we're going to incentivize non non adversary content cranes made in non countries adversary and so we consider China to be an adversary country I did not know that which is what people need to say when they don't know something I had no idea they made 70 to 80 percent of the crane used in ports around the world and yes of course they put in software that's a smart thing for a superpower competitor to do representative Jimenez thank you 30 second why did you ask to be on the China committee because I think that's the biggest threat facing the United States I look like you said I was born in Cuba and I came my parents came here seeking freedom I don't want you know I don't want my children or my grandchildren to live in a world dominated by the the Communist Chinese Party and by the way where are we going to go this is the last you know bastion of democracy in the world you can follow the representative on Twitter at rep Carlos which one of the better Twitter handles I've ever seen rep Carlos and I'm going to be talking with your chairman later and scolding him for not telling me about the cranes representative him as thank you so much for joining me don't go anywhere America I'll be right back on the Hugh Hewitt show welcome back America Hugh Hewitt joined by chairman of the select committee on the house on engagement the Chinese Communist Party congressman Mike Gallagher good morning mr. chairman good morning good to see you let's play his intramus in sports once more there's no failure in sports there was a failure on the Hugh Hewitt show yesterday Miami mayor Suarez did not know what the Uyghurs were and I've dunked on him enough but he blamed my pronunciation how do you say Uyghur Uyghur your pronunciation is perfect you I don't think that's blamable so you said it right I think I got a pass what did you learn in your hearing on the Uyghurs well we learned from first -hand accounts from survivors of the camps just how horrific what's going on in Xinjiang autonomous region is you're talking about forced sterilization of women you're talking about separation of families you're talking about open -air prisons forced labor it's truly truly horrific beatings rape in many cases and I think for most Americans even contemplate the idea that there's a genocide happening today in 2023 it's hard to sort of wrap your mind around and particularly after World War two when we said never again well it is happening again and at every step we should remind the world that the Chinese Communist Party is committing a genocide and that's not just you know Republican hawkish politician talking that's two successive administrations the Trump administration and the Biden administration as.
The Hugh Hewitt Show: Highly Concentrated
"suarez" Discussed on The Hugh Hewitt Show: Highly Concentrated
"Back with representative Carlos Jimenez live in studio north first time on the show representative Carlos Jimenez he represents Florida's 28th congressional district good morning representative welcome to the you Hewitt show good morning how are you I am great now representative Jimenez I think you've got the keys in your district am I right about that yes I do yeah that makes for a very interesting congressional district doesn't it it's a beautiful district I have all the Southwest Miami Dade it goes all the way over to to the west coast I get all these southern Everglades and then I pick up all of the keys so you how do you how do you tend to something as widely distance is that district my sister -in -law lives in the Keys so I know in Key West so I know it's pretty hard to get there yeah but it's a beautiful drive so you know my you know a lot of times I'll take my wife when we go down there and for the events of the keys and it is a beautiful drive and so I never tire of going down there it's just if you go down there you know you know how beautiful that drive is you get the overseas highway and and so yeah and I I'm a little strange because I actually like to drive so I like to drive and she likes to be driven and so that's it works it works no I invite you on today and I have chairman Gallagher coming on as well because yesterday mayor Suarez of Miami did not know anything about the Uighurs you're on the Select Committee on engagement with the Chinese Communist Party you've had hearings on the on the Uighurs I thought the the silver lining in the gaff was that we would talk about the Uighurs a lot and that happened yesterday I am also a little taken aback by the mayor suggesting I mispronounce Uighurs there's really only one no way to pronounce it which is Uighur am I right about my pronunciation you're absolutely 100 % right I can matter of fact after you pronounced it he pronounced it and he said yes yeah what's the Uighur so his lame excuse me his little lame excuse that one o 'clock that of course he knew what the Uighurs you know what they are who they are and that they've been oppressed in China it's just that he didn't understand your pronunciation and so that's again a lame excuse for not knowing about the Uighurs look it's it's it's this is a pattern with him you know we accused him of he said he did not vote for Donald Trump in 2016 did not vote for Donald Trump in 2020 and so I said that he voted for Hillary and he voted for Joe Biden seven years later he goes no no I actually wrote in Marco Rubio and I this is a bad pattern you and so that that is a lame excuse you pronounced it exactly the way that I've always heard it as a matter of fact he repeated it so again I don't buy that argument at all I'm gonna come back to the Uighurs in just a moment into the committee but what is the deal with the mayor what's his standing in front why do you think he's running I mean there's just really no room on the stage and I don't know that he gets to 40 ,000 donations or 1 % I'm finished idea I've been a critic of his he has no no for me no chance and he shouldn't be running he has no experience to be the president the United States look the mayor of Miami is a weak mayor it's a ceremonial position a lot of people you know mistake the mayor of Miami for the mayor of Miami Day the mayor of Miami -Dade is a strong mayor position I'll give you an example like he claims all the time that hey I won with 70 % of the vote yeah 20 ,000 votes total that's it a year after he won he asked the sit that he has the citizen of the city of Miami to actually make him a strong mayor and 65 ,000 said no so he actually lost that election by 60 65 percent now he doesn't tell you that and so again it's a ceremonial position very little power and I should know because I used to be the the city manager of the city before I was a commissioner of the county before I became a strong mayor of Miami -Dade so I know the city very well and I know his powers and I know him very well actually has no business running for for president and I've been very vocal about it and and people shouldn't waste their time or money supporting you know Francis Suarez for president of the United States you know they set the.
The Hugh Hewitt Show: Highly Concentrated
"suarez" Discussed on The Hugh Hewitt Show: Highly Concentrated
"China so why shouldn't why shouldn't they be treated the same here let's just make it a level playing field you know the United States has the authority to condemn land if they pay just compensation it seems to me quite clear we ought to condemn all of those 30 380 ,000 acres pay off the Chinese owners and take the land back I do not want them owning land in the United States what do you think of that Morgan Ortega's certainly nothing near military bases and this is yeah I mean I think this is one of the things that we had to do with Huawei for example you know we found it in our rule infrastructure and even some of our DOD infrastructure and Pompeo was very forthright about this when we were talking to other countries about using Huawei he said listen we we also did this we have to get it out of our system get it right the first time don't put it in and have to strip it out like we did Morgan Ortega's I'll see you this afternoon have a great event today if we straddle in late we'll be the one with the baby in the back who's crying it'd be like Catholic mass Morgan I don't know if you've ever been to a Catholic mass but they put all the kids in the back and they cry so good to see Morgan thank you for doing this tour the America that the great tour at bright event bright what is it one more time America the great tour dot event bright calm America the great tour dot event bright calm thank you Morgan Ortega's and thank thanks all of you for listening welcome back America I'm fetching mrs. Hewitt's go -to podcast good morning Mary Catherine how are you good morning Hugh I'm doing good so Mary Catherine yesterday I had a moment with mayor Suarez of Miami which was unfortunate for him but he chose to recover from it in a bad way I asked him about the Uyghurs he had no idea what they were and he said what's a Uyghur and then he made a joke etc what do you do when you're asked a question you don't know the answer to well it depends like yeah yes sometimes you can take it a slightly different direction as a you know TV people are wont to do if they don't want to answer the question they are presented with however sometimes you just have to say I don't know the answer to that question and I would like to learn more about it that's it I what are you talking about I'm unfamiliar with the term Uyghur that would be fine it wouldn't be great for your presidential campaign but it's better than saying I didn't understand Hughes pronunciation because I just played a super clip of 25 people saying Uyghurs and they all say Uyghurs the same way what do you think about a mayor running who doesn't know about the Uyghurs you know I think that it is a little bit of an experience on foreign policy and something that you should be basically conversant in and that that is one of the dangers if you've if you've been doing only domestic issues that you jump into a person sorry and one that you should be briefed on and and when you run into that problem you you kind of just need to say oops and let me let me learn more no Mary Catherine him I always tell people who are running for office don't spend a dime until you've got four months of the election so don't hire staff don't do polling don't do a thing you can't doesn't matter you're not going to refine your message just work the crowd and learn if you were advising a presidential campaign how would you get them smart about China and obviously doing it for free because I just said no one should be paid on a presidential campaign yeah I mean the main thing I think is just to talk to people who know about these things right you're going to formulate your own thoughts because you're a candidate and you think that you have something special to offer right but that doesn't mean that you know all the answers already so talk to people who know things talk to people who study China and again it doesn't mean their lines are your lines but you do need to understand why people want to hear about this issue you need to understand why people feel threatened economically and that this is a this is a real thing you need to understand perhaps that like oh I don't know the past three lives three years of our lives were completely disrupted because of the virus that came from China and maybe the World Health Organization.
The Hugh Hewitt Show: Highly Concentrated
"suarez" Discussed on The Hugh Hewitt Show: Highly Concentrated
"Values and and the things that all of us enjoyed in the post World War two order so you have to understand what they're up to and it's important to know that China has an ongoing genocide this has been declared by our administration by the Trump administration but also continued by the Biden administration and so this genocide is not going away and remember this is this is a Communist Party that has been hell -bent on doing things that are particularly evil right not killing and mass murder is pretty bad but but whenever you take it to such a diabolical level that you're willing to force women to have abortions force women to be sterilized force women to marry someone of a different ethnic race in China because you think their ethnic race and their baby's ethnic race is inferior we must all look at ourselves and say is this a world order that we want these people leading not me that's not the kind of one and the minimum number is eight hundred thousand people in the camps I've seen numbers as high as two million I use one million as the standard number but the range is eight hundred thousand to a million Morgan Ortega's when you were at the podium at the State Department if you got a question you didn't know how did you respond oh that's good I think well I hope I didn't say circle back because that's been pretty much cemented and pop -cultured out I think I probably I would have a book a briefing book that actually your son who worked for me for a little bit at the State Department James helped put together so you do have like a little bit of a cheat sheet in the book that you could go to and sort of refresh your memory on the subject because you are having to cover the whole world it's a lot and of course every single word that you say matters at the State Department podium mine minor word modifications could change policy so that's a problem so I probably go to my cheat sheet first and if I really really didn't know it I just tell the reporter I would get back to them you know often on the radio someone will bring up something I have no idea what they're talking about and I stop and I have no idea what you're talking about and you know what it's very really disarming to say I have no idea what you're talking about because it's okay to be ignorant it's not okay to be stupid I don't think mayor Suarez was stupid I think he was ignorant about the Uyghurs and the idea that I mispronounced it that just doesn't sit well with me but it is good and if Karine Jean -Pierre would just simply adopt that I don't know what the White House counsel's office said I've been told to just tell you referral questions the White House counsel's office and I don't know what they're gonna tell you it would work a lot better wouldn't it you know I part of me feels bad for her and Kirby because we've all been there on the podium whenever you're just getting pummeled by reporters on issues and so part of me feels bad for them another part of me says what arrogance right to think that youth could be able to go for the next 18 months without answering any questions someone has to answer the questions the the gallant thing that the noble thing the thing that should happen is the president should answer them themselves I will give Mike Pompeo secretary Pompeo credit if he knew that I was going right into a buzzsaw he would protect me he would never let me sit there the way they let Karine Jean -Pierre sit there and just take arrows after arrows after arrows and that's one thing I always felt protected by him in that sense I remember I distinctly remember there were days like for example the night that we took out Qasem Soleimani you'll remember that very well okay Morgan I was just saying Robert O 'Brien sent me a story yesterday China owns 380 ,000 acres of land in the United States here's where I was not aware of that were you well I was only aware of how much it was because Nikki Haley brought it up yesterday in her AEI speech as well and that is I knew they owned some but that's that's way too high they would never let us do the same thing you know we always have this concept of reciprocity that we tried to pursue in the Pompeo State Department that was something that we talked about a lot and people would say why are you taking exposition and we would say well this is how our citizens our businesses our people are treated in.
The Crypto Overnighter
"suarez" Discussed on The Crypto Overnighter
"Payment providers, including Crypto .com and Bitso. In March, Coinbase announced a partnership with local firms to offer crypto purchases for Brazilian residents. These developments highlight Brazil's commitment to embracing the opportunities the crypto market presents, while ensuring that necessary regulations are in place to protect consumers and maintain market integrity. Artificial intelligence is revolutionizing various industries. And the world of cryptocurrency trading is no exception. Bybit is a leading cryptocurrency exchange, and they have integrated AI technology to provide innovative trading tools and metrics to their users. We'll explore how this integration works and its potential impact on traders. Cryptocurrency exchange Bybit has recently integrated artificial intelligence to offer users new tools and metrics. This integration is with ChatGPT, the highly acclaimed large language model chatbot developed by OpenAI. ChatGPT has been used across various industries to provide innovative solutions and services. The new AI -powered offering from Bybit, known as ToolsGPT, combines the machine learning technology of ChatGPT with the exchange's market data to provide technical analysis, price data, and metrics. ToolsGPT can generate bespoke answers to traders' inquiries and provide insights and predictions for various cryptocurrency trading scenarios. It can analyze price trends based on market data for numerous cryptocurrencies. Bybit believes this service will cater to traders of varying experience levels and will be freely accessible to all users of the exchange. This integration of ChatGPT into Bybit tools is seen as an innovative move to help traders make informed decisions based on historical and real -time market data and AI -generated advice. Bybit is not the only cryptocurrency exchange to explore using ChatGPT. Crypto .com launched its own ChatGPT -powered user assistant in May of 2023. Binance also integrated OpenAI's chatbot into its Binance Academy platform. In another development, a crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain. It took
AP News Radio
38 dead in Mexico detention center fire after guards didn't free migrants
"A surveillance video shows guards walking away during a far in a Mexico detention center that killed 38 men. The video shows that after migrants place mattresses against the bars of their cell and set them on fire, guards quickly walked away and made no apparent attempt to release the men before smoke filled the room hours after the fire broke out on Monday, rose of bodies were laid out under silver sheets outside the immigration detention facility in Suarez Juarez, which is across the U.S. border from El Paso, Texas, and a major crossing point for migrants, the national immigration institute says at the time of the blaze 68
Newsradio 700 WLW
"suarez" Discussed on Newsradio 700 WLW
"That that matchup favored Suarez in a normal year, and it has been anything but a normal year for a U N e O Suarez. But boy, it sure looked normal on that swing of the bat didn't ever He has struggled against left handed pitching this year, but he got a pitch over the outer half. Turned on it and send it out of here. It was a no Doubter and now are STD's Aquino. Okay, your choices. No. One Jake Daubert is a B Frank McCormick or see Frank Robinson. Be Frank McCormick. Okay, one. Oh, and Aquino lines it right to our NATO reaches over to his right across this just to make the catch. Two men are out. Well, you know how this works Rules haven't changed while you were away. And still get a chance to change your answer. After a couple innings revisited Now, Jose Barreiro comes the plate. Barreiro, two for 12 and his chances this year. He's only played in six games with getting a chance now, while Kyle farmers out on Paternity leave. His wife gave birth to their first child. The pitch to Barreiro e swings and grounds one to short back hand picked the young long throw in time and out at first, as Barreiro, so decide is retired. But the Reds get on the board you handle Suarez goes deep, and it's one to nothing. Read this. We go to the bottom of the second Bush Stadium on the Cincinnati Bell Reds radio.
KOA 850 AM
"suarez" Discussed on KOA 850 AM
"Technology and Suarez again in and got Welker to chase a pitch in the dirt. And that is a strikeout for Suarez, his first and out number two. He threw a little bit of everything in data back to Welker. Four seamer sinker slider. Two outs for Yonathan, Gaza Back off the injured list, right handed hitting outfielder trying to get his game going again Flares one to write and it'll drop for a base said that will help. Jonathan, who was struggling after dealing with Covid coming out of the All Star break, and then how the accident at home and cut his hand. He gets the off the handle base, hit the right field to keep this second inning, going one Nothing. Phillies with two outs here in the second. And Sam Hilliard gets the Unenviable task of being the left handed batter against Suarez. Didn't Sam swings and misses Strike one? Suarez. The last 90 left handed hitters who have come to the plate. Are hitting 108 against him. And then see him trying to Get something going. He's over his last 13. He'll yank it to the right side in the whole.
AP News Radio
Galvis, Suarez Lead Phillies Over Arizona for 3rd Win in Row
"The Phillies won their third in a row with Freddy Galvis collected three RBIs in the seven four down into the Diamondbacks manager Joe Girardi says Galvis broke it open with his two run single in the fifth inning it was big you know they gave us the five to one lead and you know I thought that was a really big yet Rafael marshon a Travis Jankowski hit back to back RBI triples to back ranger Suarez who allowed just one run over five in the third Suarez is one on one with a two point oh three ERA in six starts since leaving the closer's role to solidify the back into the rotation Bryce Harper Jean Segura and marshon each had two hits for the Phillies who remain for half games behind the NL east leading Braves I'm the ferry
AP News Radio
Farmer Sparks Reds Comeback for 6-5 Win Over Cardinals
"Tyler Stephenson sacrifice fly in the eighth inning steps up bye bye tied the rates going to beat the cardinals in the opening game of a three game series six to five in Cincinnati with one out just trying to find something to hit elevated enough to just sit in the air obviously I'd be fine with striking out and not didn't double play just give Joe a shot and luckily it paid off Joey Votto goes three for five with a pair of RBIs while cal farmer goes three for four with a solo home run in a you had your Suarez drives in a run for the Reds who will the game and a half ahead of the Redbirds incident second place in the AL central six and a half games behind first place Milwaukee Paul Goldschmidt and here's a bigger hit home runs for St Louis I'm Mike Reeves
KOA 850 AM
"suarez" Discussed on KOA 850 AM
"The bottom of the second inning, the Reds leading two to nothing here in Cincinnati. Hey, you Hey, Neo Suarez, Scott Heinemann and Kyle Farmer. Will be the trio. For Kyle Freeland to get Rockies Lefty's first pitches, a fastball that runs a little bit inside to the right handed batter. He changed nothing. Suarez. Swings and drives at the left, and he's going to have a base hit will get extra bases. He will with all the rain that ball, hit the Elektronik message board out there on the wall and then wanted to hit the warning track. It's stuck. And so Suarez leads off the second with a double. It's going to say he's hitting only 1 60. Now a little more than that, after that. Double, but More than half his hits or for extra bases. The Reds are more than happy to live with that. Thank you. Thank you. Here's Scott Heinemann. He gets the call and center field tonight brought up By the Reds. The right handed batter We saw him. With the Rangers last year. Freeland. Check Suarez and pitches to Heinemann, who hits a dribbler, but it went off the front toe. The front left toe of Front foot left. Oh, there we go. Oh, oh, and one You didn't do this Alright and Oregon Duck. California kid. To see his brother play with the Giants against the Rockies goes after an off speed pitch and Mrs it away. It's no.
AP News Radio
El Salvador President Wants Bitcoin as Legal Tender
"El Salvador's president calls for bitcoin to become legal tender at a conference in Miami which could make it the first country to do so in a video message to conference attendees posted to his Twitter feed naive but Kelly says he's sending legislation to the country's Congress which his party controls that would make big coin legal in El Salvador where he says seventy percent of the population does not have a bank account and the U. S. dollar is the official currency this will generate jobs and help provide financial inclusion two thousand south of the formal economy average was opened by Miami mayor Francis Suarez who calls his city the capital of big goin with proposals to pay employees that way and let residents pay fees and taxes in bitcoin the days of a currency being tethered to a central banks are coming to an end he says well there are issues to be worked out in the end he's confident it's a movement not a moment I'm Julie Walker
CATS Roundtable
"suarez" Discussed on CATS Roundtable
"Usually i say new york new york but today we have the mayor of miami here in new york and his team. Salk is come on down. The may francis suarez right. That's right john. Thanks a lot for having me. Well you born in miami. You always been miami guy and Always a florida guy and people coming down to miami from new york like you can't stop them what what's going on. Tell us i. I was the first mayor of miami born in the city of miami in the history of the city. So it's one hundred and twenty five year history. i'm also the first father and son mayor My father was mayor. Nineteen eighty five to nineteen ninety-three and yeah we are creating the kind of city that is we're hoping to attract the best and the brightest minds to innovate and create the city of the future. So we are happy to have a significant amount of migration from new york. We're seeing a tremendous amount from silicon valley as well and You know we what we call the capital of kabul. We want to be the place. Where if you want to start a business if you want to start a company miami's the place to be. You know what. I tell people that miami is trying to be. The capital of north and south america. Are you drawing in a lot of big businesses and a lot of banks we are. We've had tremendous success with the financial industry with private equity firms hedge funds financial firms as well That are coming to florida. Some of them are located in the west palm beach area. Some of them are locating in the miami. Some of them are located in both. And so we've had a tremendous amount of success in that we're also having a tremendous amount of success in the technology venture capital space with founders fund softbank blackstone tack variety of other companies. That are locating there Just in the last year loan well the interesting thing. I found out because we're building saint pete now That the democrats are very friendly to business as well as republicans. So you know i. My motto is always been. I am pro commonsense democrats. I am pro commonsense republicans. You had an we were talking before you had a another interesting comment about being mayor. Yeah yeah i was actually. It's a quote from a one of my good friends mayor of pittsburgh pennsylvania. He said you know. Mr mayor in america three political parties and said we bill. How do you figure he goes well. The first is the republicans a seconds are democrats and the third are mayors..
ESPN FC
Herrera Wins LaLiga
"What a weekend we are coming off in europe. Plenty of hardware handed out and plenty of players from this region now have league winners medals dangling around their necks. Let's start in spain lollygag. What a title race. This was the very very jump back and forth. They went back and forth. They went in the end. Athletico madrid are your champions of spain. They do so thanks to a two one win over by other lead on the weekend holding off real madrid in the process. Eco didn't start but that's no surprise husband. Starting much of late. He did enter in the eighty fifth minutes. It was on the field. Is that the won. This title no surprise for anyone who's been following this title race. All season long luis suarez of course of course scored the goal that ends up getting outlet the title but as far executive reta concerned. Her it's pretty significant. He didn't start but he was on the field in the most important moments of the season here for diesel semi so clearly has faith in era. When it comes to the big moment it may not be the mexican national team fans want from it that let the it may not be the role. That judge wants athletic. Buddy has a significant role. In what is now the league champions of spain.
ESPN FC
Suarez Seals Atletico Title
"They made their fans sweat once again. Of course they were down at the half but in the end it's the man and the moment the man who is being the difference this season. Fool them newest suarez. Who gets the winning goal and of all the things that we have seen in the league this season. This is the one thing that we knew for certain. This is the one thing that you know. What if you wanna bet the house on a go ahead and do that. This was not going to be for athletic. Might eat simply because it's what they do. It's who they are. This struggle for them seems to be a place of comfort and so we saw a team in the first half that was passive a little nervous. I let in between do we go on press. Do we really come in number four we to get stretched because oh by the way when we did get straight we went up on a piece and now the sun we can defend and by these just going into the corner by themselves score a goal that would have put any other team in a very stressful position as they were like. Hey this is it. We're home baby. This is where it feels comfortable where we now have to call him from behind and if there was ever a sequence of play
The Boxer Show
Cincinnati Reds Lose to the San Francisco Giants
"Reds lose the giant 63 since he dug a five Nothing hold that they just couldn't get out of Tyler in a queen and a U N your Suarez with a thinning back to back homers in the loss,
World Affairs Council
COVID-19: What Will It Take to Vaccinate the World?
"Americans can anticipate a time when all of us have access to a vaccine. Poor nations aren't so lucky. You might be thinking Well, that doesn't affect me. But if the virus spreads unchecked in billions of people who don't get vaccinated this year, you can bet it will mutate Ah lot and then it becomes just a matter of time before our vaccines are less effective. Earlier this month, Secretary of State Antony Blinken spelled it out. Even if we vaccinate all 332 million people, the United States tomorrow way would still not be fully safe from the virus. Not while it's still replicating around the world and turning into new variants. That could easily come here and spread across our communities again. The world has to come together to bring the covert pandemic to an end everywhere. So this week we look at the race to vaccinate a planet of 7.9 billion people. Ray Suarez takes it from here. Vaccinating a majority of people in every country on Earth is a daunting challenge. So the international community has cobbled together a radical solution. Kovacs is an initiative led by the World Health Organization, along with other global health partnerships. Today, it's working with almost every country in the world, so called mixes an unprecedented global effort. Gothic sub brings together 191 economies that together account for more than 90% of the world's population. That's un rather Gupta. I spoke with her over zoom. She used to be the director of one of the largest public health programs in the world. The National Health Mission of India. Now Gupta is based in Geneva, and she's taken on an even bigger job as deputy CEO of Gavi, the vaccine alliance. It's one of the health organizations helping to take the lead on Kovacs.
NASCAR Live
Preece to return in a Modified at another Virginia track
"The nas car wheel and modified tour returns to the martinsville speedway in virginia for the first time since two thousand ten this thursday night forty cars around the entry list from the most recent champions koby and justin bonsignore to current nascar cup. Series driver ryan preece. Who says he appreciates the opportunity to continue to drive the modified 's when not in a cup car for sure right as a racer. Your your ultimate goal is to get to the cup series. That's that's you know that's where it is. That's where you want to be but at the same time. I know where my roots are. I know where. I've cut my teeth. I know where. I put many hours in the race shop to go and win races and i enjoyed racing these race cars. I i know i know quite a bit of autumn and i there are. There are a lot of fun to race so i obviously enjoyed doing it for sure. Priests one a southern modified race at south. Boston speedway in virginia over the weekend and is the early favorite on thursday night
The Final Lap
Justin Marks had a great Cup Series race on Monday
"Justin. Marx's on he is the team owner of daniel suarez number nine cup series car that led fifty eight laps on monday and ultimately finished fourth despite daniel saying he had no idea how to race on dirt after the race. Yeah i mean it was great. I was not there unfortunately out of conflict. I couldn't move for monday. So that was a heartbreaker but i was. I was hanging onto every every lap on my phone tv communicating with the guys during the race. So yeah i mean it was. It was a great day for our team. It really was. I mean we we have. We believe that we're capable of doing great things in this order and it comes down to just trying to prepare as best. We can weaken and week out making sure that we we all rally behind. Daniel give him a piece of equipment capable of exposing his talent his ability to the best possible possible level. So i think we did that yesterday. I i think nobody really knew what to expect. Going into this race but I know that we kind of relished in the fact that we could you know sort of leave our computers in the truck and kind of go racing old school and and you know look at tires and communicate with daniel and just kind of look at the race track and and make changes on the fly. I think the guy's really relished that lead in the bat and enjoyed that but it was really really really nice to watch. It's just nice nice for guys and a lot of confidence with big confidence builder for the guys and a special day.
Coast to Coast AM
Mayor Warns Crowds to Stay Away from City of Miami Following South Beach Chaos
"Miami Beach chases away rowdy spring breakers. The mayor of neighboring Miami, Francis Suarez Suarez says says his his city city has has prepared prepared we're we're telling telling our our residents residents About About the the consequences consequences of of some some of of the the decisions decisions in in my my movies movies that that we we are are ready. ready. We We wanna wanna warn warn those those who who are are not not coming. We're not in the city are not necessarily from the city who maybe have been in my piece of the kind of behavior we're seeing. My which is not going to tolerate in the city of light since spring break began in February, Miami Beach Police have made more than 1000 arrests.
KCRW
"suarez" Discussed on KCRW
"About Any religion, police anything to do with terms of church just happen to be the location that he was able to get into it take refuge in the sheriff's office plans to investigate the case as a capital murder. For NPR News. I'm Miranda Suarez. The authorities say the suspect fled in the pastor's vehicle, but was arrested a short time later. You're listening to NPR news. Iran says it's following through on warnings over the weekend was state media, quoting a government spokesman today that Iran has resumed enriching uranium at up to 20% at an underground facility. That letter will that level of purity is not allowed. Under the terms of the 2015 nuclear deal, Iran started violating the deal in 2019. After President Trump withdrew the U. S from it and started reimposing sanctions. Japan's prime minister says the government is considering declaring a state of emergency in the capital Tokyo to fight the Corona virus pandemic. NPR's Anthony Kim. Reports from Seoul that a third wave of infections has sent new case numbers to new highs. Prime Minister Yoshihide Asuka said it a press briefing Monday that he's considering a request from the governors of Tokyo and three neighboring prefectures to declare the emergency. The government will consult with a panel of health experts before deciding Japan previously announced one last April. It's simply requested residents to stay home without specifying penalties. Asuka said last month that he plans to submit legislation that will mandate penalties. He insisted again on Monday that the Tokyo Olympics rescheduled from last year will go ahead some 200 days from now. Opinion polls show a majority of Japanese think the game should either be rescheduled again or canceled. Anthony Kuhn NPR NEWS Seoul Global financial markets mostly higher Monday, trading after the Dow ended 2020 at a record high. London and Frankfurt opened higher today after stocks and Shanghai, Hong Kong and.