Now. Maria big show today, Dagen Mcdowell and emily and James Freeman. Great to see you. Good to see you. Dagen surrounded by all the super smart women. Yes. Just like at home. Maria director or something new . In other words, social media obviously one of the big stories, i have to get your reaction on what you heard. Make zuck is going to be on his own, we will let this democracy play it out and people debate online and people say the messages they want to say, its good news that despite the lose of some partners and political heat hes pressing ahead on his crypto currency plan. We could use that, maybe good for consumers. Maria a lot of pushback because of what he learned in other businesses, facebook ceo testified before lawmakers answering a variety questions on china, crypto currency and libra and watters kicked things off, watch this. Given the companys size and reach it should be clear why we have serious concerns about your plans to establish a Global Digital currency that wou
Identity fraud is a hugely important problem. Today, criminals have tools at their disposal to get at sensitive Consumer Financial data. Complicated situation and that we get briefings like wheree i just received you go through just how massive the problem is and the techniques that are available. We realize that mentioning them in public is not a wise thing to do. This puts us in a tough situation. And thell of my Members Committee and their staff to get those briefings from members to our testifying today to see how big a problem this is. It is costing us a lot more than we think. Toolsare large numbers of that people use. These intrusions are only becoming more sophisticated. In the news this week there was synthesizer voice from anke instructions employee who thought it was his boss. That will accelerate as the Technology Gets more advance. The stakes in this are a enormous. Financial services at the front lines of this attack. It can be used for something to do Identity Fraud. It
Borisjohnson in how youre going to do checks. And Boris Johnson in his how youre going to do checks. And borisjohnson in his announcement yesterday temp two think this can be done through Electronic Technology solutions seems to think. Things that exist nowhere in the world. What is interesting is that some are saying, actually, the European Union is feeling less pressure to engage because of how the British Parliament voted to try and prevent a no deal brexit at the end of october. The idea that there is less pressure to try and come you know, reach an agreement, because the eu side could just say, well, it might work, but more time is needed, so it isa work, but more time is needed, so it is a may be finau. Exactly. There is a may be finau. Exactly. There isa is a may be finau. Exactly. There is a timetable that is crucial for us is a timetable that is crucial for us to understand. The eu summit on october 17, the consummate, a Boris Johnson fails to come back with some sort of deal
Been on revenue especially since it is the most difficult thing we have had to do. And people are using other methods to bring us into the 21t century on transportation. So we are looking at some of those questions and the nuances of federal polling policy on congestion pricing and Technology Solutions to address congestion. So while congress. But to negatively attack never before but not to mention the quality of the air that we breathe and the failure to deal with climate change. This was not even discussed at the time of the last reauthorization to indicate just how far time has moved and to catch up. The urban mobility report and you might want to look at what it says for your constituents but mine say 1840 per year in congestion cost and we here at the National Council are the and then on 1840 per year per constituents and those are my constituents. Nothing short of a test and in our case in this region as a result of 248 million hours of congestion delays in 2017 across the dc me
[inaudible conversations] ask unanimous consent the chairs authorized to declare a re safe one this recess. And also the members if youre not on the subcommittee and then you can ask questions without objection so ordered. Welcome our witnesses in particular to todays hearing as we are looking at the need to reauthorize not the cities and localities the focus has been on revenue especially since it is the most difficult thing we have had to do. And people are using other methods to bring us into the 21t century on transportation. So we are looking at some of those questions and the nuances of federal polling policy on congestion pricing and Technology Solutions to address congestion. So while congress. But to negatively attack never before but not to mention the quality of the air that we breathe and the failure to deal with climate change. This was not even discussed at the time of the last reauthorization to indicate just how far time has moved and to catch up. The urban mobility rep