Good morning, this hear is cool called to order. I want to welcome all the witnesses and thank you for your thoughtful, written testimony and looking forward to your oral tangherlini. Id ask my written Opening Statement be entered into the record. I want to make a couple comments. About really kind of what i want to see the goal of this hearing to be. Its similar to the the goal of every hearing is a base account problem solving process. This committee under my chairmanship developed a a Mission Statement to enhance the National Security of america to promote more effective and accountable government. The reason im pointing it out today is i cant think of a hearing that that Mission Statement is more applicable to. When we Start Talking about 5g were talking about the Economic Opportunity and the National Security risks. In order to take advantage of that and avoid the National Security risks. We need more effective government to step up to the plate to compete against what unfortunate
Test. Test. Test. Test. Test. Test. We have really good arms in aa and aaa. I agree we need to work on the supply chain. President trump signed an executive order on may 15th of this year to declare it a National Emergency to supply to protect our Domestic Communications technology and that will soon be followed by binding regulations later this year. I think we 100 agree with the idea of virtualization will be very important to allow the breakup of the propriety lockins that many providers have today. It could be very competitive with regard to some of the current providers. On the mid band point, under the tmobile sprint merger, theyre required to cover 97 of the u. S. Population and six years cover 99 of the u. S. Population. Theyre going to proceed on the 3. 5 gigahertz midband spectrum next summer. But the millimeter wave is going to be so important who are going to require throughput. Thats the kind of beauty of that technology, it doesnt go as far, but it has the greatest amount
World series title to washington and inspiring the nationals anthem. Mommy shark, do, do, do, do, mommy shark thank you very much, mr mr. Parra. Its wednesday, november 6th, 2019, heres your eye opener. I believe they knew what they were shooting at. Three vehicles and one took so much fire, it could have exploded. New details from mexico. Authorities in mexico announce the arrest of a heavily armed person who may be connected to the case. A lot of us are just speechless. Major upset in the governors race, beshear over matt bevin. Bevin has not conceded. There have been more than a few irregularities. Gordon sondland, a top u. S. Diplomat, now says he believes the Trump Administration demanded a quid pro quo from ukraine. Nothing like that has ever happened in American History before. New video shows a sheriffs deputy in florida body slamming a 15yearold girl. The deputy is charged with felony child abuse. His actions were deplorable. They were uncalled for. An arrest warrant has been
[inaudible conversations] [inaudible conversations] is recognized for five minutes. Thank you. Mr. Zuckerberg, thank you for being here today and i want to thank the chairwoman for having this hearing. Youve said a lot of things today that couldnt have been said during the last hearing. Your responses to questions has been very district and very helpful. Thank you for that and thank you very much for being here. I just had a few quick questions about the Libra Association. On the website, one of the benefits before mr. Marcus appeared before our committee was that those contributing, who joined the association, could derive dividends from libra investment tokens and thats since been taken off. Could you elaborate on that . Sure, congressman, i think that there had been an idea that in order to encourage marketing of the payment service, that there might be some investment that other companies could make into this and some return that they could make, but i think that that idea has eith
Limbo. The ceo will be b here to explain why the trade war is is hurting his business so much power lunch starts right now wrapping up u on the high note check out facebook shares. They are under pressure as a number of state attorneys general get ready to open an antitrust investigation into the tech giant well have much more on this move later on. Melissa, thanks jay powell speaking moments ago in switzerland this will be the last time we hear from him or any other fed official before the next decision the markets almost guaranteeing a quarter point cut. Did powell give any hints . What do you think, steve were going to let you and viewers be the judge he was in switzerland, asked directly, asked directly by a member of the audience whether he would be cutting rates in the months ahead you tell me what this tells us were watching all of these developments the geo political risks, breck it, incoming data. And really looking at financial conditions and well be assessing those in future