[inaudible conversations] the 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 shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Federal
Of new approach which will end with our exit from the eu on 31st october. Nissan cuts its workforce by 12 and a half thousand worldwide, after reporting a 98 drop in profits. England cosmic test against island hangs in the balance despite jack reached making 92 at lords. Good evening. The uk has experienced its second hottest day since records began the hottestjuly day ever. And the extreme weather has caused severe disruption across the transport network. At their highest, temperatures reached 38. 1 degress celsius in cambridge, thats over 100 degrees fahrenheit. And just short of the all time high of 38. 5c recorded in august 2003 in farnborough, in kent. Now many of us have been enjoying the record temperatures for some its meant a trip to the seaside at the starts of the summer holidays. It has been lovely, you can see the baby down at the beach every day. It has been lovely, you can see the baby down at the beach every daym is lovely, too hot for the babies that i am enjoying it a
[gavel] this meeting will come to order. 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 shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Fede
Our office does certify the funding though. Thats where we do work with the department of Public Health. Good, and certifying the funding means . We review the d. P. H. Says these are the costs and this is what we spent and we review it. Is this generating what the mayor would want to see, does that happen . I do not think so, but i can confirm that for you. Okay, cool. There was a fair look at mhsa last year indiscernible . System review. And were audited by the state so our quality review and our annual reviews have items related to mhsa outcomes. I know that theres a lot in here. One of the things that was in here that i was interested in that i did not know about but seems relevant to some of our current discussions around access is the behavioral access center. What is that, and what does that do . So is it a place . Yes, its 1380 howard. We are located were at the very right at the entrance lobby on the first floor there towards the left. I have heard of this. Yes. So it serves a
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