President-elect Joe Biden will nominate retired four-star Army general Lloyd J. Austin to be secretary of defense, according to four people familiar with the decision. If confirmed by the Senate, Austin would be the first Black leader of the Pentagon.
“Investors and consumers transacting in Libra may be exposed to serious privacy and national security concerns, cyber security risks, and trading risks. Those using Facebook’s digital wallet – storing potentially trillions of dollars without depository insurance– also may become unique targets for hackers. For example, during the first three quarters of 2018, hackers stole nearly $1 billion from cryptocurrency exchanges. The system could also provide an under-regulated platform for illicit activity and money laundering.”