Politics
Rep. Soto, Members Introduce Bipartisan Bills Preventing Virtual Currency Price Manipulation
Published
8 years agoon
By
Willie DavidWashington, D.C. – Today, Congressman Darren Soto (D-FL-09) along with Ted Budd (R-NC-13), introduced two pieces of legislation to help prevent virtual currency price manipulation and position the United States to be a leader in the cryptocurrency industry. The Virtual Currency Consumer Protection Act of 2018 and the U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018, will analyze what can be done to protect consumers from price manipulation and ensure America remains a global leader in fostering innovation in this evolving global marketplace. Reps. Soto and Budd released the following joint statement:
“Virtual currencies and the underlying blockchain technology has a profound potential to be a driver of economic growth. That’s why we must ensure that the United States is at the forefront of protecting consumers and the financial well-being of virtual currency investors, while also promoting an environment of innovation to maximize the potential of these technological advances. This bill will provide data on how Congress can best mitigate these risks while propelling development that benefits our economy. ”
The two bills direct the CFTC and other financial regulators to make critical recommendations for how to improve the regulatory environment for both the consumer and business development side, especially in light of concerns raised in the New York Attorney General’s recent report on virtual exchanges’ risk of manipulation and the Wall Street Journal’s description of potentially abusive software of bots manipulating the price of Bitcoin.
The Virtual Currency Consumer Protection Act directs the CFTC to describe aspects of how price manipulation could happen in virtual markets and then to make recommendations for regulatory changes that can improve the CFTC’s monitoring procedures in preventing price manipulation. This bill is co-sponsored by Rep. Bonnie Watson Coleman (NJ-12). Click here for the full text of the Virtual Currency Consumer Protection Act.
The U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018 directs the CFTC to conduct a comparative study of the regulation of virtual currency in other countries and then make recommendations for regulatory changes to promote competitiveness in the U.S. in the industry by providing regulatory clarity and examining alternates for current burdensome regulations that may inhibit innovation. For examples, it asks the CFTC to clarify the virtual currencies that qualify as commodities and examine the costs and benefits of a new, optional regulatory structure that could replace the current state money transmission system. Click here for the full bill text
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Florida
Trump Plans Fort Myers Rally as Byron Donalds Seeks to Become Florida’s First Black Governor
Published
6 hours agoon
October 17, 2026FORT MYERS, Fla. (FNN) — President Donald Trump is scheduled to hold a midterm rally in Fort Myers on Friday, Oct. 23, bringing his campaign efforts to the congressional district represented by his endorsed candidate for Florida governor, U.S. Rep. Byron Donalds.
Donalds, the Republican nominee, faces Democrat David Jolly in the Nov. 3 election. If elected, Donalds would become Florida’s first Black governor, succeeding term-limited Republican Gov. Ron DeSantis.
U.S. Rep. Byron Donalds speaks at a Turning Point Action event in Florida. Photo by Roman Garay / Florida National News.
Rally Set for Oct. 23
Trump’s remarks are scheduled to begin at 2 p.m., with doors opening at 10:30 a.m., according to the Republican Party’s event registration page. All times are Eastern.
Gulf Coast News reports that the rally will take place at Alico Arena at Florida Gulf Coast University. However, the official GOP registration page still lists the venue as “To Be Announced.” Attendees should check that page for confirmation and updates.
Prominent conservative figures, including Tucker Carlson, then-former President Donald Trump, U.S. Rep. Byron Donalds and Megyn Kelly, rallied Republican voters during the Turning Point Action Conference at the Palm Beach County Convention Center, July 15-16, 2023.
Photo by Roman D. Garay / Florida National News.
Trump’s Endorsement Connects President to Historic Bid
Trump has endorsed Donalds, whose campaign lists the president among its prominent Republican supporters. The Fort Myers visit places Trump in Donalds’ Southwest Florida political base during the closing weeks of the election.
Following his primary victory, Donalds acknowledged Trump’s influence among Republican voters.
“Obviously, he has the strongest following of anybody in our party,” Donalds said, according to Associated Press reporting.
A Donalds victory would give Florida its first Black governor and extend Republican leadership in the governor’s office. Trump’s endorsement connects the president to that potentially historic outcome, although the rally announcement does not identify the event as exclusively supporting Donalds.
Republican Unity and Voter Turnout
Donalds called for Republicans to unite after the primary, telling supporters, “Tonight we are one united Republican Party,” according to the AP.
The Fort Myers rally will provide Trump another platform to address supporters ahead of the Nov. 3 midterm elections. The published event announcement confirms his appearance but does not list additional speakers.
Politics
RNC Chairman Joe Gruters Calls Trump an ‘Absolute Machine’ Ahead of Midterm Elections
Published
12 hours agoon
October 17, 2026WASHINGTON (FNN) — Republican National Committee Chairman Joe Gruters is urging Republicans to focus on voter turnout ahead of the Nov. 3 midterm elections, praising President Donald Trump’s campaign appearances and arguing that the party’s success depends on getting supporters to the polls.
In a Fox News appearance highlighted in an RNC news release, Gruters described Trump as an “absolute machine” and pointed to the president’s rallies as a central part of Republicans’ election strategy.
Gruters: ‘It’s All About Turnout Now’
Gruters expressed confidence in Republican candidates while sharply criticizing their Democratic opponents.
“We have strong candidates; [Democrats] have incredibly weak candidates. It’s all about turnout now. That’s why the president’s going to all these rallies. He’s an absolute machine, getting the job done,” Gruters said, according to the release.
His remarks emphasized voter mobilization as Republicans seek to protect and expand their congressional majorities.
RNC Chairman Highlights Trump’s Policies
Gruters also praised the administration’s policies, particularly its approach to the southern border, presenting those efforts as reasons voters should support Republican candidates.
“This president deserves a lot of credit. He deserves a lot of praise for all these great things that he has done,” he said.
The release included broader claims about border enforcement and drug trafficking but did not provide supporting data. Those statements represent Gruters’ assessment of the administration’s record.
Florida Connection to National GOP Leadership
Gruters, a former chairman of the Republican Party of Florida, now leads the national party’s effort to rally Republican voters. The Florida GOP described him as a longtime Trump ally when announcing his election as RNC chairman.
His national role places a political leader with Florida party experience at the forefront of Republicans’ midterm turnout campaign.
Closing Message: Get Supporters to the Polls
“This race all comes down to turnout,” Gruters said.
He framed the election as a choice about the country’s direction and urged voters to continue supporting Trump and conservative leadership.
“If you believe in the American dream, and you still have hope that you or your children could achieve it, then you’ve got to continue the leadership of the conservative party and this president, Donald J. Trump.”
Central Florida News
Tiffany Moore Russell Plans Orange County Campaign Stops Ahead of Early Voting
Published
14 hours agoon
October 17, 2026ORANGE COUNTY, Fla. (FNN) — Orange County mayoral candidate Tiffany Moore Russell plans to attend Orlando’s Come Out With Pride celebration and visit churches across the county this weekend as her campaign reaches voters ahead of early voting, according to a campaign announcement.
The Oct. 17-18 stops will give residents opportunities to discuss their priorities with Moore Russell. Candidates, elected officials, community leaders and supporters are expected to join her at various locations, the campaign said.
“This weekend is about traveling across Orange County, meeting residents where they are and hearing directly from them about the future of our community,” Moore Russell said in the announcement. “That is the kind of Mayor I will be — present, accessible and focused on delivering for the people of Orange County.”
Saturday: Come Out With Pride
Moore Russell is scheduled to participate in the Most Colorful Parade at 4 p.m. Saturday, Oct. 17, in downtown Orlando, according to her campaign.
The campaign lists the parade’s starting point as Washington Street and Orange Avenue, with the route concluding at Lake Eola Park. Moore Russell’s appearance will highlight her support for Orange County’s LGBTQ+ community, the announcement said.
Sunday: Church Visits Across Orange County
Moore Russell’s community church tour is scheduled to begin at 7 a.m. Sunday, Oct. 18, at Saint Mark AME Church, 1968 Bruton Blvd., Orlando.
She will then visit additional churches throughout Orange County to meet with congregations, according to the campaign. The announcement did not identify the other churches or provide a complete schedule.
Affordability, Transportation and Small Businesses
During the weekend stops, Moore Russell plans to discuss housing affordability, transportation connections to jobs, support for small and local businesses, and improvements to county government services.
The campaign described those issues as central to her vision for the county but did not outline specific policy proposals in the announcement.
Early Voting Begins Oct. 19
Early voting in Orange County runs Monday, Oct. 19, through Sunday, Nov. 1, from 8 a.m. to 8 p.m. daily, according to the Orange County Supervisor of Elections. Registered Orange County voters may cast ballots at any of the county’s 27 early voting locations.
Election Day is Tuesday, Nov. 3, with polls open from 7 a.m. to 7 p.m. Voters casting ballots on Election Day must use their assigned polling place.
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