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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

Plus you will hear from the social Networks Global chief diversity officer. She tells us how facebook plans to double the number of female employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises many serious concerns regarding privacy, money laundering, Consumer Protection and financial stability. These are concerns that should be thoroughly and publicly addressed before proceeding. Facebook has a couple billion plus users so you have for the first time the possibility of a very broad adoption. If there were problems there associated with money laun

BLOOMBERG Best Of Bloomberg Technology July 14, 2024

Employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises many serious concerns regarding privacy, money laundering, Consumer Protection and financial stability. These are concerns that should be thoroughly and publicly addressed before proceeding. Facebook has a couple billion plus users so you have for the first time the possibility of a very broad adoption. If there were problems there associated with money laundering, terrorist financing, any of the things that we are all focused on, including the company, they would rise to systemically important

CSPAN3 House Judiciary Committee Reviews Mueller Report - Part 1 July 14, 2024

The committee will come to order. That objection, the chairs authorized to declare recess at any time. We welcome everyone to todays hearing and lessons from the Mueller Report part two bipartisan perspective. I will not recognize myself in Opening Statements. Last week we heard from two former United States attorneys who described President Trumps repeated efforts to undermine special counsel muellers investigation of russias interference in the 2016 election. We also heard from president nixons former white House Counsel who told us that the actions by this administration were substantially similar to the measures that nixon and the admin efficient took to undermine the watergate administration. There is one important difference. The special counselor mueller was investigating a different kind of break in. The target was similar to that in watergate. The burglar was a hostile foreign nation. The crime was carried out through a hacking operation that still hundreds of thousands of doc

CSPAN3 House Judiciary Committee Reviews Mueller Report - Part 1 July 14, 2024

The committee will come to order. That objection, the chairs authorized to declare recess at any time. We welcome everyone to todays hearing and lessons from the Mueller Report part two bipartisan perspective. I will not recognize myself in Opening Statements. Last week we heard from two former United States attorneys who described President Trumps repeated efforts to undermine special counsel muellers investigation of russias interference in the 2016 election. We also heard from president nixons former white House Counsel who told us that the actions by this administration were substantially similar to the measures that nixon and the admin efficient took to undermine the watergate administration. There is one important difference. The special counselor mueller was investigating a different kind of break in. The target was similar to that in watergate. The burglar was a hostile foreign nation. The crime was carried out through a hacking operation that still hundreds of thousands of doc

BBCNEWS Afternoon Live July 14, 2024

Managed exit by the end of october. They must have the negotiating ability to deliver it. A mothers nightmare the nhs contaminated blood inquiry hears the impact on a family whose six children were all infected. I think she would be alive if it wasnt for what happened, because she was a strong woman. The tragedy has ripped her heart out. Must spy harder a government regulator says the storage and handling of large amounts of data by the Security Service mi5 is undoubtedly unlawful. Coming up on afternoon live, all the sport with ben croucher. Good afternoon. Wales manager ryan giggs has called on stronger sanctions for racism in football as his side prepare to play in budapest less tha n his side prepare to play in budapest less than three months of hungary we re less than three months of hungary were charged and fined £20,000 for racist behaviour by their fans in a game against slovakia. 3000 seats tonight will be shut off as a result. Thanks, ben. Looking miserable there, susan. The

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