Committee will come to order. Without objection the chair is authorized to declare recess of the committee at any time. This full Committee Hearing will convene regarding the administrations attack on the aca and i now recognize myself for 5 minutes to give an opening statement. We are here today because on march 25, 2019 the Trump Administration filed a two sentence letter with the United States court of appeals of the fifth circuit reversing its own previous position in the case of texas versus United States and asserting for the first time that it would not defend any portion of the Affordable Care act. If the Trump Administration position prevails and the entire aca is struck down there will be catastrophic implications for millions of americans and the entire United States Healthcare System. I have often said that voting for the Affordable Care act was the most important vote of my career. Let me tell you why. When Congress Passed the aca in 2010 we enshrined into law the promise
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
Committee will come to order. Without objection the chair is authorized to declare recess of the committee at any time. This full Committee Hearing will convene regarding the administrations attack on the aca and i now recognize myself for 5 minutes to give an opening statement. We are here today because on march 25, 2019 the Trump Administration filed a two sentence letter with the United States court of appeals of the fifth circuit reversing its own previous position in the case of texas versus United States and asserting for the first time that it would not defend any portion of the Affordable Care act. If the Trump Administration position prevails and the entire aca is struck down there will be catastrophic implications for millions of americans and the entire United States Healthcare System. I have often said that voting for the Affordable Care act was the most important vote of my career. Let me tell you why. When Congress Passed the aca in 2010 we enshrined into law the promise
Advocates on opposing sides of the healthcare law also testified patients who benefited from the law speaking on the potential impact of repeal. This hearing is three hours and 50 minutes. Committee will come to order. Without objection the chair is authorized to declare recess of the committee at any time. This full Committee Hearing will convene regarding the administrations attack on the aca and i now recognize myself for 5 minutes to give an opening statement. We are here today because on march 25, 2019 the Trump Administration filed a two sentence letter with the United States court of appeals of the fifth circuit reversing its own previous position in the case of texas versus United States and asserting for the first time that it would not defend any portion of the Affordable Care act. If the Trump Administration position prevails and the entire aca is struck down there will be catastrophic implications for millions of americans and the entire United States Healthcare System. I h