Where people cannot really go to showrooms . What is the bigger problem, selling the car as you want to make, or making the cars that you are used to making . Biggest challenge early on was getting back so that we could make vehicles. We had a lot of work to do to make sure we took all the necessary precautions, learned lessons from china, korea, from our work in making ventilators and masks, and putting that to practice to bring people back to build vehicles. I am proud of how will the team adapted to working from home, and our dealers who have been great partners, going mostly online for the sales process, and developing a clean delivery system. Everyone adapted fairly well. Lifelongu were a General Motors person, you grew up in michigan, your father worked at pontiac. Stanford Business School and then came back to General Motors, worked her way up. Havee last six years, you been the ceo of the company. You worked through the Great Recession, also through 9 11. Compare this situation
[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] [inaudible conversations] the committee will come to order. The gentleman from colorado is recognized for five minutes. The other coloradan. Thank you for repeating today. Thanks for your testimony today. I just want to lock one thing down where i i heard to make answers from your earlier. Ms. Maloney was kind of going through a list of regulators, and wanted to know if you would wait for their approval, and she went to a whole laundry list of them and your answer was, for the parts that apply yes, yes,e going to go and seek their approval. Her used the word seek their approval. Other times you said we will get their approval. So just from facebooks standpoint, are you willing to seek the approval or are you going to wait for the approval before anything is launched . Congressman, it is the latter. Thank you for the opportunity to clarify that. We are not going to launch anything until we get the approval. I also, if its okay, want to
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
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