[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
They have the capacity and ability to present in the mouse that we can we present it on the Stock Exchange so that people can benefit from its shares. The head of the Stock Exchange Organization Also said that familiarizing the economic and industrial sectors with Financial Instruments is one of the Strategic Policies of the Stock Exchange organization. According to mr. Eshghi, the Nuclear Industry can finance and develop its subsidiaries Capital Market capacities should be benefited. The ceo of tehran Stock Exchange explained the financial processes and acceptance of companies in tehran Stock Exchange and said that in the past one year, tehran Stock Exchange has been looking for the entry of new industries such as Companies Based on digital economy. According to mr. Gudarzi, tehran Stock Exchange is ready. To accept companies related to the Nuclear Industry, the auto parts exhibition that will be held until august 25 in tehran will be attended by 580 Domestic Companies and 460 foreign
The draft budget for the next three years, one of the Priority Areas of spending is the social sphere, this includes payments to needy families with children and an increase for teachers for class management, the allocation of funds for medicines and medical care, more details on everything. Now ill tell you so today the government reviewed the draft federal budget for 2024 and the planning period of 202526 , a special place in the document is given to the social sphere and items of expenditure on healthcare and education; the document took into account all the instructions of Vladimir Putin, who demanded to guarantee the payment of pensions and benefits to citizens. Thus, the countrys budget is formed taking into account payments to needy categories of russians and other social obligations from the state. Budget projection provides targeted assistance to everyone almost 4 1 2 trillion rubles have been allocated to needy families with children for the payment of a single benefit; thus
O defame justice suitor. With with aadd with kind of independence the nation sorely needs in a federal judiciary thats been and is still the envy of the world. I remember very much when the soviet union broke up. A group of new members came to visit with with members of congress. They sat and said because of your position let us ask you one question. Certainly. They said we have heard that there are actually cases where people sue the government in your country and the government loses. I said it happens all the time. They said well and you dont replace the judge immediately when that happens . It struck me how much different with with we are and how much we can show the rest of the world if we stay independent in our judiciary. We see about the planning and fund raising about Public Interest groups on both sides of the debate they prepare for what has been characterized as an upcoming pitched confirmation battle. Just this week in the wake of the Supreme Courts decision on affirmtive
Interest that is defending itself, that is defending its right to pollute, that is endistinguishing its ability to compromise our atmosphere, compromise our health, compromise our great oceans and waters. This should be an easy struggle. This should be an easy struggle. But its not, and it will be a mark of shame on this generati generation, and it will a mark of shame on this buildin buildit i have goin the choice between the clear information from the that given the choice between the clear frftion from the scientists shall the clear experience of what is happening in all of our states and the power of the special interests, we ignored the first and we yielded to that power of those special interests. Mr. President , i yield the floor. Mr. Whitehouse mr. President . The presiding officer the senator from rhode island. Mr. Whitehouse i ask that the senate proceed to the immediate consideration of calendar number 146, Senate Resolution 156. The presiding officer the clerk will report.