Potential improvements to the healthcarere law. This is two hours. Thank you for joining us today. We are holding a this hearing virtually. Before we turn to todays topic they help you navigate the virtual narrative and first consistent with regulations, the committee would keep microphones muted. Members are responsible when they seek recognition or when recognized. Second members must have their cameras on at all times. If you need to step away from the proceedings, please leave camera on rather than loggingat out. Third, we will dispense with our practice of observing and instead go in order of seniority alternating between majority and minority beginning with members of the oversight subcommittee first. Finally, without objection, the representative is authorized to serve as the chair in the event that i have some technical difficulties or whatever. Ive thin thank you all for your continued patience as we navigate this technology in order to continue serving our country together in
In compliance with the regulations for Remote Committee proceedings. House resolution 965. Before we turn to todays important topics, i want to remind everyone of a few procedures to help you navigate this virtual hearing. , consistent with regulations. The committee will keep microphones muted to limit background noise. Members are responsible for an muting themselves. Members are witnesses must have their cameras on at all times. If you need to step away from the proceedings, please leave your camera on rather than logging out. Rule, we will observe the and go in order of seniority. Ultimately between minority and majority. Beginning with members of the oversight subcommittee first. , thely, without objection representative is authorized to serve as chair in an event that i have some technical difficulties or whatever. Thank you all for your continued patience as you navigate this technology in order to continue serving our country together. I will now turn to the important topic of
The economy a central issue in the cam paint but a new book by the Washington Posts bob woodward is allowing his rival to keep the coronavirus pandemic front and center amid charges that the president purposely downplayed the threat from covid19. He knowingly and willingly lied about the threat it posed to the country for months. He had the information. He knew how dangerous it was, but while this deadly disease ripped through our nation, he failed to do his job on purpose. Paul lets bring in columnist karl rove, Senior Adviser to president george w. Bush. So, karl, nice to see you. Thank you, paul. Paul so you wrote this week that joe biden in the home stretch is, has the edge on the election right now. How big an edge is it . Well, enough that if the election were today, he would win a clear victory. But the race also, as i said in the knecht sentence, is tightening next sentence is tightening. Democrat politicos are anxious that they could have a second election in a row in which so
Questioning its safety and whether or not it will actually bypass Central Banks well for more on this were joined by political host ben so on and christiane i ben lets start with you because this is something that weve talked about multiple times on this show that the fed will soon attempt to create its own Digital Currency now i think its fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular Bank Accounts well essentially thats probably what would happen i guess thats what theyre trying to get in my teeth to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this at some point very soon in fact i think i even said it this week and yet here we are at this moment where the fed is saying well were going to create a hypothetical Digital Currency is not hypothetical dont even talk like that right thats ridiculous termino
The United States and good luck to them right now when you watch whats happening with big coing now on the rise again headed back towards 12000. 00 and probably from there so i think its going to be an interesting kind of process to watch this happen but theres a 2 to 3 years thats an eternity in the lifespan of Digital Currency that gives a bit quaint a chance to go even higher but kristie you 2 have been very critical of this idea as government backed Digital Currencies are not the same thing as crypto currencies are you weary of this move by the. Extremely this is very very concerning because the entire point of crypto currency was to have Financial Freedom and bypassed the central bank as a whole so now its c. B. C. s us centrally or something going to counter the exact same problems that we currently have with the us youre going to be subject to the manipulations by the central bank whether or not they want to tighten or loosen their Monetary Policy theyre going to be subject to a