Discussion on slave refugee camps during the war. Watch American History tv tonight at 8 00 p. M. Eastern on cspan 3. This past june, facebook announced plans for its own crypto currency called libra. The cocreator of Libra David Marcus answered lawmakers concerned over the Digital Currency before the Senate Banking committee. This is about 2 1 2 hours. This 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 to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks res
Proposali think the has huge potential, and i think the challenges for the transaction of the exchange for services and so forth, today, still has lots of obstacles to be overcome, including that of security and privacy. Nonetheless, we look forward to observing and participating in this because i really do think it is the wave of the future. As senator tillis said, we are either going to be responding to it or actively involved and running from it. Thank you. Senator cortez . Senator thank you very much. We appreciate you being here and answering the questions. This is obviously very innovative for all of us and exciting. Have a couple of questions if you thought through some concerns many of us have. One for me is something i dealt with in nevada as the attorney generals the issue of Money Laundering. I know there is clear Regulatory Oversight we have now to address Money Laundering that comes in so many forms, but one is terrorist financing that moneylaundering supports. How will th
Thank you, cathie. Good morning, everyone. Thank you for being here. Earlier today, the secret service and our National Threat assessment center, or ntac, as we call it, briefed nearly 400 of our Strategic Partners on its most recent report entitled mass attacks in public space s mass attacks in public space p for the calendar year 2018. As we all know its a matter of grave concern to everyone and especially those of us in Law Enforcement. Im certainly grateful to dhs acting secretary mcaleenan joining us today, showing his support, the secret Service Continue to bring attention to this critically important sujt. Back in the 1990s the secret service which by that point had long been involved in threat investigations and Threat Management embarked on a comprehensive study as to the thinking and behavior of persons who engaged in violence against Public Officials or public figures. The results of that study set the foundation for how our agency currently conducts its own threat assessmen
Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This 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 to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks response last week. Shortly after the letter was sent, facebook formally announce ds its intention to launch the Payment System libra and issued a white pape
Critically important subject. Back in the 1990s, the secret service which by that point had long been involved in threat investigations and Threat Management embarked on a study as to the thinking and behavior of persons who engage in the violence against public figures or officials. The results set a foundation for how we investigate threats. Ntac was established to more bradley consider research, provide training and consultation in areas of threat and all forms of violence, whether or not they have endemic to the secret services mission. Since its foundation, ntac investigates studies. Attacks on government buildings and high profile targets. In a moment im going to invier ntacs chief to provide further insights on this years report and the efforts of ntac. But before i did i wanted to cover highlights i think are worthy of note and would bear repeating this. Years report focused on 27 incidents of mass violence, incidents in which three Megan Rapinoe people are killed. Incidents th