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Transcripts For CSPAN2 Facebook Twitter CEOs Testify Before Senate Judiciary Committee - Part 3 20240711

General election. We have multiple factcheckers who focus on the spanish, as a nguage. In the last four years, we have seen some unprecedented taxi on our Democratic Institutions, our social norms, the ways in which we conduct ourselves in this democracy. Many would say on truth itself. And in todays society, you cant talk about truth without also considering the impact of social media and social media platforms. So, if i might, mr. Zuckerberg, and mr. Dorsey, free discussion and open debate are core values of our society. Whether you wish for it or not, the escapable fact is your algorithms, your policies and your Business Decisions shape billions of people across the world and the working majority of people here in our nation expect to be true. Thats the case for election, for potential covid19 vaccine, for Climate Change, for hateful and dangerous stereotypes and many other critical issues. I wals waalso want to recognize small part, led by your hard work and resolve built these com

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Transcripts For CNBC Fast Money 20240711

Headlines hit on the coronavirus. New york city is halting all inperson learning starting tomorrow it comes as the number of coronavirus cases and hospitalizations are skyrocketing nationwide. And a new all time high for s p. We have a Record Number of cases of covid in america and retailers are hitting an all time high. How can this be . The haves and havenots kudos to karen and tim target numbers were extraordinary. It should come as no surprise. Thats a name we have talked about. If you love walmart at their valuation, you have to love target at theirs walmart quarter i thought was very good. There are a lot of good individual stories, but i dont think it speaks to the economy per se there are names we also mention that seem to be topping out. The price action in restoration hardware, William Sonoma and we dont need to go down the road of what they sell. Those stocks popped out a couple of weeks ago thats concerning. Do you want to play at the 100 earnings table, gap earnings on the

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Transcripts For CSPAN3 SEC Chair Clayton Testifies Before Senate Banking Committee 20240711

Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayton for your appearance before the committee today, which is e

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Transcripts For CSPAN Facebook Twitter CEOs Testify Before Senate Judiciary Committee - Part 1 20240711

Sen. Graham i think we have senator blumenthal remotely, is that correct . Is it ok if we move forward . Sen. Blumenthal absolutely. Sen. Graham this is about censorship and suppression of 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, chemically do we need to do better . The first thing i want to talk about here is health risk associated with social media. A 2018 Pew Research Center survey of nearly 750 13 to 17yearolds found that 45 are online almost constantly and 97 use social media platforms such as youtube, facebook, instagram, or snapchat. If 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 left and the right. And what were trying to do is look at section 230 an

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Transcripts For CSPAN3 Facebook Twitter CEOs Testify Before Senate Judiciary Committee 20240711

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

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