[inaudible conversations] the hearing will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Federal
1 . 2. 1 . Ericsson right now is down more than 10 . It as well giving a sober picture of asia, saying that it may be a little bit too optimistic on profitability 2020. S for back to the main story in the United States, bank of america with record secondquarter earnings on the Interest Income despite a beat on trading revenues. Bank of america following peers lower. Here with more is the gentleman owner and finance reporter. Stocks are up, clearly not disappointing too much, but a net interest margin. The stock is up i think because the trading results are good. Fixed income trading revenue is unchanged from a quarter of the year ago and that is surprising because all of the other banks that have reported, the big banks including goldman, they had sizable declines in fixed income trading. Bank of america held on to its revenue and thats a good sign. Equities is down but sort of almost everybodys was down. So that matters just as much for these big banks in the u. S. Is what happens on
[gavel] this meeting will come to order. Will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Fede
Pressing issues. The House Select Intelligence Committee hearing is the House Select Intelligence Committee hearing is nearly three hours. [inaudible conversatns] the committee will come to order. Without objection the chair mayk declare a recess at any time. Today we come to discuss the intelligence communities 2024 annual threat assessment we begin with an open session has been broadcast live and streamed on the committees and youtube channel. Open session cth is entirely unclassified. Allun, participants are remindeo refrain classified information or other informationub protected from public disclosure. On the conclusion of the open session we will recess and resume in a closed session and commit him group at two p. M. Or immediately following the first vote series scheduled from 130 time mac2 ten. We will proceed wh without any disruptions. Any disruption of the committeed will result in the United States Capitol Police restoring order and the protesters will be removed and arreste
Allow abortion on demand up to the moment of birth. It takes all the state level protections and abolishes them. Bottom, line it doesnt codify roe, mr. Chairman, becomes one of the most extreme laws anywhere in the world. Colorado, new jersey, new mexico, oregon, vermont are passing laws with absolutely no restrictions. The democratic bill is in the same ilk with taxpayer funding. Lets take a look and see how that would put us as a nation regarding the rest of the world. As you see behind me, 47 of 50 European Union nations limit abortion at 15 weeks or below. France is at 14 weeks. China, north korea, iran and a few other nations allow abortion on demand up to the moment of birth. Your bill would put us in that category. 14 week limitations, france, belgium, germany, spain. 12 weeks, denmark and norway. My proposal is having a National Minimum standard of 15 weeks for exceptions for rape, incest, life of the mother, pregnancies. Why do we do this . By 15 weeks, and unborn child has te