Hearing will come to order. I welcome everybody to this hybrid hearing. Both Ranking Member mister heiss and myself have wanted to have hearings resume in person. Especially when we are in session i made a promise to mister heiss that i would fight for that and today is the fruit of that effort i believe when we were in session, to the extent possible, protecting everybodys health and safety, we can and should be meeting like this. At least in hybrid form those members who are not comfortable or who physically cannot join us in the hearing room are more than welcome to join us through the web. We are happy to have them. We ask everybody, when they are not speaking, to wear a mask that is the guidance and the capitol hill position. That is the guidance of the chairwoman of this committee. It protects everybody i really appreciate that cooperation. Let me see. For members appearing remotely, just a few reminders before i get my Opening Statement. House rules require that we see you so pl
Remotely. R by webex, appearing members are in person, let me remind everyone that pursuant to the house attending physician and guidance come all individuals attending this hearing in person must wear a face mask. I am dropping mine only to speak. Members who were not wearing a face mask will not be recognized. Let me also make a few reminders to those members appearing in person. You will only see members and witnesses appearing remotely on the monitor in front of you when they are speaking in what is actives webex speaker view. A timer is directly in front of you. Remotely,s appearing let me remind everybody that first, you will be able to siege person speaking during the hearing whether they are in person or remote as long as you have your webex set to active speaker view. If you have any questions, Contact Committee staff. They will try to be helpful. A timer thatve should be visible on your screen when you are in the active speaker with thumbnail view. Members who wish to pen the
Being challenged more than 100000 of you have watched and commented on the story that we did earlier this week a believes that the United States dollar is about to be horribly devalued because of what the fed is doing by printing so much money seemingly out of fair probably right the u. S. Dollar will undoubtedly at some point be worth less and may eventually be pushed out as the only world currency probably by china maybe in the next 10 to 15 years. But heres todays developments it appears that theres another player in the world stage thats making a similar move russia is now sending signals of no confidence in the u. S. Dollar as well and its doing so in a different way see the Russian Parliament has now officially cleared the way for the country to double its supply of gold what it is essentially doing is its removing the barriers including taxes so that russia can accelerate its gold buying spree the kremlin has made the dollar is ation as its been called a long term priority this
Pulled that into this. Treasury, we want treasury to be able to have the cash that it needs and we are essentially taking that to our work. There may come a time when we talk about that. I think we are more focused, frankly, on the bill purchases the year end and review of supervisory and regulatory issues that were digging into and we think these are structural things, right just allow the liquidity that is already there to flow more freely perhaps by making fairly straightforward noncontroversial changes. We think there is some of that if they take role changes, it will take three months and things like that these things that were working on now, like going through year end with the overnight facilities and the bill purchases and the term repo, those are things we have to do right now and are doing. Chris hi. I wanted to ask the only change in the statement was a drop in the reference to uncertainties around the economy you seem very confident or it implies theres a lot of confidence
Extremely unfair the way they handled their power. Here is ken paxton. Thank you all for being here. I want to thank my fellow ags. We have 50 attorney generals across the nation who are involved in the investigation that were leading from texas and i cant tell you how much i appreciate their support and their interest in a really important issue for our time. What weve all learned is that while many consumers believe that the internet is free, certainly we know from googles province of 117 billion, that the internet is not free this is a company that company that dominates all aspects of advertising on the internet and searching on the internet, as they dominate the buyers side, the seller side, the auction side, and even the video side with youtube. This investigation is not a lawsuit. It is an investigation to determine the facts. And right now were looking at advertising but the facts will lead where the facts lead. And even as we speak up here in about a minute there will be 3. 8