Millions of migratory birds. Reporter this is the cbs overnight news. Welcome to the overnight news. Im elaine quijano. President trumps Reelection Campaign shifted into high gear this weekend. The president excited racing fans at the daytona 500 by taking a prerace lap in his limousine, known as the beast and a fly overin air force one. Weijia jiang is traveling with the president. President s h. W. And b. Bush and reagan have all attended nascar events at the same speedway, but President Trumps visit was a different sort of spectacle turned impromptu Campaign Rally with many in the crowd chanting four more years. A seasoned showman, President Trump made a grand entrance as the grand marshall of the daytona 500 in air force one, flying high above the speedway. The crowd delivered a big welcome, clearly thrilled mr. Trump would deliver the opening line of the race. Gentlemen, start your engines reporter then the president took a lap on the track in his armored limo, nicknamed the beast
Odonnell good evening and thank you so much for joining us. A train carrying deadly chemicals derailed in eastern kentucky, setting off deadly fires and spilling toxic fuel into a nearby river. Two people were injured when the csx train jumped the tracks and slammed into a rockslide caused by torrential rain. Its all part of a Severe Weather system thats moving across the u. S. From the deep south to the midwest tonight, are rivers in nine states are above flood stage and are now threatening homes and businesses. All of this as an arctic blast sweeps across much of the country. Tens of millions of americans could wake up tomorrow to below zero temperatures. Manuel bojorquez leads off our coverage. Reporter this train carrying ethanol derailed in kentucky this morning, burning for hours after a mud and rock slide along the tracks. That same storm system triggered a mud slide that shut down this West Virginia highway. Severe storms across nine states caused 24 rivers to flood throughout
The committee will come to order. Without objection the chair is authorized today declare a recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today, were here to examine the impact of facebook on the Financial Services and housing sectors. Our sole witness is facebooks chairman and ceo, mark zuckerberg. Facebooks plans to create a digital currency, libra, and a digital wallet raise many concerns relating to privacy, trading risk, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy, and the stability of the Global Financial system. I and other democrats have called for a moratorium on facebooks development of this digital currency, libra, and digital wallet until congress can examine the issues associated with a Big Tech Company developing these Digital Products and take
Of policies that can identify all of the dimpt types of harms. Underbanked, whether or not you intend to have libra and your weve talked about a number digital wallet registered in today. Each of those countries so that terrorism, child exploitation, there would be regulatory oversight. Because we have found a lot of health missi individuals we have payday health misinformation. Lenders who say were interested in the underbanked we now have more than 35,000 people at the company wo work on o safety and security overall. Were interested in those that are not banked we spend billions of dollars a year on this our budget on safety and security is now greate the compy and those individuals who are supposed to pay more than when we went public in 2012 so a anybody else weve got institutions here, big effort i believe that it should not sit on any one companys shoulders to make so many important minority depository decisions about speech so one of the things that ive institutions and if you
Without objection the chair is authorized today declare a recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today, were here to examine the impact of facebook on the Financial Services and housing sectors. Our sole witness is facebooks chairman and ceo, Mark Zuckerberg. Facebooks plans to create a Digital Currency, libra, and a digital wallet raise many concerns relating to privacy, trading risk, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy, and the stability of the Global Financial system. I and other democrats have called for a moratorium on facebooks development of this Digital Currency, libra, and digital wallet until congress can examine the issues associated with a Big Tech Company developing these Digital Products and take action. As i have examined faceboo