Thank you for coming. Welcome to infrastructure week. We have been looking forward to this awhile. Infrastructure was a thing that all pundits after the election when we were in this fractured state after the 2016 election, will democrats and republicans be able to Work Together on anything, people said infrastructure. Why . Democrats like spending money and donald trump likes having things built, sees himself as a builder. We were supposed to get something. We havent gotten something yet, and well, policy always proves more complicated in practice than in promise. And thats the complexity of this, why we assembled the excellent panel we have today. Anybody that follows stuff about transportation infrastructure, the way cities work follows nicole. Senior fellow, contributing editor and columnist at new york post. Nick lawyer is of heritage foundation, focuses on energy, environment, regulatory issues. A Deputy Director of the thomas rowe institute for Economic Policy studies. Finally,
Also tomorrow, the senate is expected to vote on the 9 11 Victim Compensation fund. In the house, legislation on Retirement Savings plans and border security. Watch the house live on our companion network cspan2. Tomorrow, Christopher Wray will testify in a hearing. Live coverage will be on cspan 3, starting at 10 00 a. M. Coming up on wednesday, the former special Counsel Robert Mueller testifies before the House Judiciary Committee and the house intelligence committee. That will begin at 8 30 a. M. Eastern, live on cspan and on our companion network, cspan3. It will also be online at cspan. Org. Listen with the free radio app. In 1979, a Small Network with an unusual name rolled out a big idea. Let they make up their own minds. Cspan opened the doors to washington policymaking for all to see, bringing you unfiltered content from congress and beyond. A lot has changed in 40 years, but today that big idea is more relevant than ever. On television and online, cspan is your unfiltered vi
Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have
Thank you all for coming. Welcome to infrastructure week. We have been looking forward to this for a while. Infrastructure was a thing that all pundits after the election when we are in the fractured state after the 2016 election, democrats and republicans, will they be able to work on anything . People said infrastructure. Why . Democrats like spending money and donald trump likes having things build. He sees himself as a builder. So, we were supposed to get something. We have not gotten something yet. Policy proves more complicated in practice than in promise. That is the complexity of this. That is why we assembled the excellent panel we have today. Anybody who follows staff about transportation infrastructure, the way cities work follows nicole. She is a senior fellow at the manhattan then we have nick of the heritage foundation. He is an economist. He is a Deputy Director of the thomas road to toot for Economic Policy studies. And finally we have Heritage Action tim chapman. He is
Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a haven for criminals and shady corporations. This plan includes serious privacy training, and monitoring of policy concerns. With 2 billion users, will have immediate access to these products, but also from consumers, festers, and the global economy. In addition, facebook has proposed government guarante