The Wall Street Journal Editorial Board is reporting that a Senate bill aimed at regulating digital currency requires changes to mitigate risks to the financial system. It said the proposed legislation needs adjustments to ensure stability.
The board also noted President Donald J Trump's "odd critique" of major oil companies, highlighting his comments regarding "too much money" in the industry.
Separately, the Wall Street Journal Editorial Board reported that China is attempting to extradite a journalist from Thailand. It said Beijing is seeking the return of a reporter who exposed corruption.
In California, the board stated that state Democrats are endorsing a wealth tax for the November ballot, a move that overrides Governor Gavin Newsom's position and indicates a further shift to the left for the party.