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LIVE REPLAY: President Trump Delivers Remarks at The White House Digital Assets Summit - 3/7/25

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45 Comments

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  • U.S. Treasury Secretary Scott Bessent said on Friday that the economy may slow as it transitions away from public spending towards more private spending, calling it a "detox period" needed to reach a more sustainable equilibrium.

    7 likes
  • RSBN not covering the 11:00 conference?

    3 likes
  • does the security on crypto help the re evaluation for foreign currencies?

    3 likes
  • The rapid rise of cryptocurrencies has revolutionized the global financial landscape, presenting unprecedented legal challenges and prompting regulatory scrutiny across jurisdictions.

    3 likes
  • security on cryptocurrencies and foreign currency are challenging thus not a single answer.

    2 likes
  • What are the taxes and fees on crypto trading?

    2 likes
  • Stacy Abrams was given $20 billion and for what?

    2 likes
  • Speaker Johnson Think twice, before passing away OUR money

    2 likes
  • Speaker Johnson We do not need artificial intelligence to find the money YOU PEOPLE waste. FAA, Stacy Abrams, USA ID, so much more

    2 likes
  • GAO found several weaknesses in how FAA manages investments to modernize these systems. FAA's progress has also been slow, taking years to establish cost, schedule, and performance baselines for investments that GAO selected for its review. As of May 2024, completion dates for planned investments for systems that GAO deemed especially concerning were at least 6 to 10 years away. Four such systems did not have associated investments. This answers the question, since 2015 they need more than the $63.4 billion and another 10 years. No wonder China is winning.

    2 likes
  • What happened to $63.4 billion in 2015 to FAA for modernizing aviation? Air Traffic Control: FAA Actions Urgently Needed to Modernize Systems GAO-25-108162 Published: Mar 04, 2025. Publicly Released: Mar 04, 2025.

    1 like
  • What this amounts to concerning FAA is bigger the government the more wasted nothing changes.

    1 like
  • FAA needs to account

    1 like
  • A November 2023 GAO report found that since 2018, FAA had made mixed progress on its multi-decade effort to modernize air traffic management (i.e., the Next Generation Air Transportation System (NextGen)). Across four critical program areas GAO assessed (e.g., navigation and communications), FAA met some milestones for deploying systems but missed others, some by several years.

    1 like
  • Why GAO Did This Study FAA is responsible for the safety and efficiency of more than 45,000 flights daily. Critical to that effort are numerous ATC systems that enable air traffic controllers to monitor weather, conduct navigation and surveillance, manage communications, and more. However, ATC systems have been aging, and GAO has long reported that FAA has faced challenges upgrading those systems and implementing its multi-billion-dollar modernization of air traffic management, referred to as NextGen. Addressing these challenges is particularly important given that FAA expects to manage an increasingly congested and complex airspace in the future. This testimony discusses (1) the sustainability of FAA's air traffic control systems, and FAA's efforts to manage and oversee system modernization; (2) FAA's efforts to implement NextGen; and (3) actions needed for improvement. It draws primarily from GAO's September 2024 report on unsustainable ATC systems and November 2023 report on NextGen.

    1 like