Good morning, everyone and welcome back as we returned from the Holiday Season to continue the work i of the Economic Opportunity subcommittee. Witwithout objection the chair s authorized to call for a recess at any time. I am hopeful we can shed some light on a very important issue for veterans around the country this hearing will examine the department of Veterans Affairs department of Agriculture Programs that identified Food Insecurity among nearly 20 million veterans and provide nutrition assistance to those in need. Specifically todays hearing will focus on how veterans access to nutritional resources and how recent policy changes impact of thimpacted the availaf resources and how congress can more effectively support public and nonpublic agencies that seek to end veteran hunger, so critically important. This continues the subcommittees efforts to the economic factors that contribute to the veteran suicide our subcommittee works and a bipartisan way to strengthen education and jo
Programs youll see today. You can check your Program Guide or visit our website booktv. Org who a full schedule. And joining harris is the author of this book information wars. We lost the global battle against this information and what we can do about it. Information about the u. S. To the world track is yes. In olden days during the cold war we used to say telling americas story to the world. And how did you do your job, its funny, took me a while to figure out the parameters of the job what are the things i came to the conclusion was the way we tell our story is will be to our store to ourselves with american media, newspapers, magazines, tv. Rather than produce content ourselves i used to do during the cold war i thought lets show people how they cover ourselves. That was one part of it. The other part was the more strictly Public Affairs things where people are standing in front and you have to have the government line. Its safe use of your stance on issues, heres our policy, make
The committee will come to order. Without objection the chair is authorized today declare a recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today, were here to examine the impact of facebook on the Financial Services and housing sectors. Our sole witness is facebooks chairman and ceo, mark zuckerberg. Facebooks plans to create a digital currency, libra, and a digital wallet raise many concerns relating to privacy, trading risk, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy, and the stability of the Global Financial system. I and other democrats have called for a moratorium on facebooks development of this digital currency, libra, and digital wallet until congress can examine the issues associated with a Big Tech Company developing these Digital Products and take
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy and the stability of the Global Financial system i and other democrats have called for a moratorium on facebooks
500 today, Texas Instruments, down about 7 . Thats your biggest decliner in the Philadelphia Semiconductor index, dragging most of the chip stocks lower. A lot of folks thought that the decline in those chip stocks, the decline in that memory cycle, that hit bottom. The results we got out of Texas Instruments seems to suggest that bottom not quite there. And youre seeing bids coming into the havens. 10year treasury yield down to 1. 73. Its interesting, the bond bulls not deterred, buying the dip every chance they get. We dont look at bitcoin very often, but worth it today. Down about 8 , down to levels we saw back in june. A lot of this tied to whats about to happen on capitol hill today. A lot of concern here that some of the scrutiny surrounding facebook and leeb i cant, thats weighing on the bitcoin space, weighing on easter, tether, and a lot of other coins out there. Something to keep an eye on here as we move into the rest of the day. Guy well look for that testify. British pound