Good morning, everybody. I think we have senator blumenthal remotely, is that correct . Mr. Chairman. Is it okay, senator blumenthal, if we move forward . Absolutely. Thanks very much. Okay, ill make a brief Opening Statement and this is about censorship, suppression and the 2020 election, sort of a deep dive, when it comes to twitter and facebook, about the platforms and the decisions they make, how they make them. Can we do better . Do we need to do better . So the first thing i want to talk about here is Health Risks Associated with social media. A 2018 Research Center survey of nearly 750 13 to 17yearolds found that 45 are online almost constantly. A 97 use social media platforms such as youtube, facebook, instagram or snapchat. So why are we having this hearing . The products that these two Companies Offer people like and they use. So the bottom line is, theyve probably been more successful than their wildest dreams. And theyre having to make decisions that offend people on the le
Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com
Recognized by the chair. Members are also reminded that they are responsible for muting and on muting themselves and to commute to themselves after they finished speaking. Consistent with the regulations accompanying House Resolution 965 will only mute members and witnesses as appropriate. When not recognized for inadvertent background noise. Members are reminded that our house rules relating to the order and the decorum of the hearing. This hearing is entitled insuring against a pandemic challenges and solutions for policies and i now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 Million People could enter a state of extreme poverty do that to the Global Economic contraction and here in the united states, 67 Million People filed for Unemployment Insurance since march of this year. The harmful effects of this pandemic are the stability of Small Businesses like restaurants cannot be overstated. Thereve been li
Other, whose platform and has done more to protect the 2020 president ial election. Mark zuckerberg is going all in on the claim that facebooks moves have been historic. They have done more than any other country in history to make sure bad, fake information about this election is staying off of their platform. I will paraphrase something he said. They introduced new policies to combat Voter Suppression and misinformation and we worked with local Election Officials to remove hundreds of thousands of false claims about polling conditions. That he worried could have led to Voter Suppression. There is one thing so far in this hearing everyone agrees on, that is which posts stay up on these platforms, which come down and which get slapped with warning labels should definitely not be up to the u. S. Government. Take a listen. When it comes time to flag content as being reliable or not reliable do either one of you believe that the government should do that . I dont believe so. I think that
Officials of his campaign, his Transition Team and President Trump himself. Those efforts to subvert President Trump and his administration have been nothing less, in my opinion, than treason. An attack on our Constitutional Republic, an attack on the American People. Their conspiracy in league with the democrat party, its leaders and the corporateowned leftwing National Media has reached the end game. We are at the conclusion of what has been a fouryear assault on donald trump. The culmination of first an 11month fbi investigation, then the baseless special counsel that resulted in exoneration for the president , then a specious, fraudulent impeachment led by the cynical and sinister capitol hill democrats. They are nothing less. And now a National Election that has amassed more irregularities, more anomalies, perhaps more fraud that will be focus of this evenings broadcast. We have a lineup of guests for you this evening to take up the president s fight for a free and Fair Election a