Youre watching cspan2. Your unftered view of government. Created by americans Cable Television companies emma is a public service, and brought to you today by your television provider. Acebook market zuckerberg and twitter Ceo Jack Dorsey testified about the president ial election helped erica manng misinformation online. From this in a jewish inhe judiciary committee. This is four hours. Good morning everybody. I think weave senator blumenthal remotely, is that correct. And is it okay if we moveha forward. Absolutely and thank you very much. I will make a brief Opening Statement and this is about censorshipuppression in the 2020 election. Sort of a deep dive when i facebook. Witter and about the platforms and the decisions they make and how they make them. Can we do better. Do we need to do better. So the first thing that i want to talk about here is health risket associated with social media. A 2018 Research Center survey of nearly 75013 17 yearolds found that 45 percent online almos
Up france becomes the 3rd european country to go into lockdown the president in what about call has ordered citizens to state and side those who do not obey will face heavy fines and as the virus spreads so does fake news about misinformation creates fear and hurts efforts to fight the pandemic so what are social Media Companies doing about it. Im serious i was gonna thank you for joining us germanys Disease Control agency has raised its coronavirus Risk Assessment to high at the agencys Daily Press Briefing a spokesman for the robert costa institute said stricter measures are necessary to contain the spread of the virus citing the ongoing dynamic of the pandemic he said there were increasing warning signs from german clinics that the number of seriously ill cases is increasing. All right lets bring in our Political Correspondent hans brown for the very latest on this story hi good to see you so germany a center for Disease Control has raised the risk level now to high for this corona
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare 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 we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, 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
[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
Content standards, the social media giant Ceo Mark Zuckerberg is grilled by lawmakers over his policy allowing politicians to lighten political ads. We will play highlights from more than five hours hearings were he e was blasted by members of the House Financial Service committee. Among those, Rashida Tlaib and alexandria ocasiocortez. Then as rising inequality and staggering housing insecurity leave a Record Number of americans out on the street, we go to ground zero of the homelessness crisis oakland, california. This is a disaster. Anit was a fire or it was earthquake, the response would be so quick. But this is an economic disaster. This is a cultural disaster. This is a housing disaster, but they are not treating it like all of the other natural disasters. Amy we will bring you a special democracy now report from a sprawling encampment of 100 people in east oakland that the city just cracked down on this week. Unhoused people there say the city has failed them. Like theyy, it see