I think you have stuck to your guns so far but i want you to keep sticking to your guns. I would like to turn to some questions about facebook and its proposed cryptocurrency, libre. I am a supporter of innovation in the Financial Sector. Cryptocurrencya could really deliver real for increased friction and more access for consumers. As somebody who has spent the last couple of years dealing with social media and facebook in particular, i think it would facebook hasy that developed something of a trust deficit and that and that the kind of Silicon Valley mindset of move fast and break things maybe works when you were thinking about it in a Technology Framework but when we are thinking about the kind of implications social media has had around consumer privacy, public discourse, that no regulation does not always work. The House Financial Services committee, yesterday, you noted post many concerns, including potential risk to the security of the financial system. Aboute your concerns Sys
An hour and 50 minutes. The hearing will come to order. Welcome. Im very i think the committee is privileged to see our distinguished careful joining us. Ed rice. Thank you for your ongoing leadership and for yesterdays important briefing with nikki haley, our ambassador to the United Nations, and important briefing in the afternoon was on the congo. Thank you chairman royce. The democratic republic of congo was supposed to conduct elections one year ago this month. In order to achieve the required transition by december 19th, after years of stalling on making preparations for elections, the government of the drc failed to hold elections last year. And relied on a constitutional provision that Joseph Kabilla could not step down until an election was held to select a replace. Both the chairman and i and others have had ongoing meetings with the officials, including high level people who have flown here to washington. Time and time again we have admonished them stick to the schedule and
Trump Campaign Chair Paul Manafort and to others. The Christian Science monitor posted this hourlong event. Ok, folks. Here we go. This morning is tom perez, chairman of the Democratic National committee. This is his first appearance at one of our events. D ce been meeting with chairs since larry obrien. Thank you for being here. Chairman perez is a native of buffalo. Here the bashers degree from brown university. He earned a bachelors degree from brown university. Was Deputy Assistant attorney general for civil rights and the clinton administration. He led the state of marylands labor department. In the Obama Administration he was assistant attorney general for civil rights, and secretary of labor from 2013 until 2017. We are on the record here. O live blogging or tweeting no filing of any kind while the breakfast is underway, to give ourime to listen to what guest says. There is no embargo when the session ends probably at 11 00. We will email several pictures of the session to all r
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