Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have
Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a haven for criminals and shady corporations. This plan includes serious privacy training, and monitoring of policy concerns. With 2 billion users, will have immediate access to these products, but also from consumers, festers, and the global economy. In addition, facebook has proposed government guarante
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Documents to be included as part of the file submit them to myself the clerk. Approximately comment will be taken on each item when Public Comment is called lineup to the west side at this time right my left along those kurt anxiety. Not necessary on provide comment we invite to you fill out a card and leave them on the tray if you wish to be records. You misubmit comment in writingeck e mail them to myself at brent. Jalipa sfgovtv. Tell be forwarded to the supervisors include part of the fortunately file. You may send written comments Via Postal Service to city hall 1 dr. Carlton b. Goodlett place room 244, San Francisco, california, 94102. This concludes my aupon nouns ams. Thank you and lets call items 13 together. Items 13. Items 1, 2 and 3 consider the per ses may proposed budget for airport commission. Board of appeals. Dbi. Child service, department of environment. Library, municipal transportation agency, port, Public Library, San Francisco puc, residential rent stabilization a
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