FT News Briefing Tuesday, July 16
Jul 16, 2019
Democratic congresswomen label Trump’s comments as a distraction amid rising tensions. The U.S. Treasury raises red flags over Facebook's cryptocurrency plans, urging caution. Jeffrey Epstein finds himself in legal hot water as he reveals his assets. Meanwhile, Saudi Arabia’s approach to dissidents is evolving, aiming for a softer stance following Khashoggi’s murder, even as reform efforts clash with repression. The podcast dives into the unfolding narrative of political maneuvering and social dynamics.
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Trump's Tweets Deemed a Distraction
- Four Democratic congresswomen of color criticized Trump's tweets as a distraction.
- The tweets told them to go back to the "places from which they came," although most were born in the U.S.
Johnson Criticizes Trump's Language
- Boris Johnson, despite usually avoiding criticizing Trump, called out Trump's language.
- He stated a leader cannot use such language in a diverse society.
Mnuchin's Concerns Over Libra
- Treasury Secretary Mnuchin expressed concerns over Facebook's Libra cryptocurrency.
- He wants more details about anti-money laundering and counter-terrorism financing safeguards.