Good morning. Good morning. Good morning, everyone. As we begin our final day of consideration of the fy21 spending bills, id like to thank you all for your kind words and well wishes and ask you, please, to indulge me in just a few more reflections. I came to congress in 1989, one of just 31 women in the house and senate and to this committee in 1993 alongside only six other women under the 64member panel. This body is better for the 100 women serving in the 116th congress and for the many women in the room today. Its my honor to address the full committee for my final time as the first woman chair. You know, its ironic [applaus [applause] thank you. Its ironic that back in 1993 i had to choose between serving on appropriations or ways and means. I was fortunate to be given that choice. And today, we markup my final appropriation bills in the ways and Means Committee room. I chose appropriations because i believed it was the best place to give more people a better chance at a better l
Officer. How they plan to double the number of female employees locally over the next five years and why they are setting targets in the middle of a media firestorm. Libra is not getting love from lawmakers. Add Jerome Powell to the list. Sponsorsthe project Public Benefits including Financial Access for consumers, libra raises serious concerns involving privacy, Money Laundering and financial stability. These should be publicly addressed. Facebook has a couple billion plus users so for the first time you have the possibility of a broad adoption. If there were problems associated with Money Laundering, terrorist financing, many things, they would immediately, they would rise to systemically important levels because of the size of the network. It cannot go forward without there being broad satisfaction with the way the company has addressed Money Laundering, all those things. The number of concerns i listed at the beginning, data protection, consumer privacy, or need to be addressed tho
Diversity officer. She tells us how facebook plans to double the number of female employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. First to our top story. Facebooks plans to create its own Cryptocurrency Libra is not , getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises serious concerns regarding privacy, money laundering, Consumer Protection and financial stability. These are concerns that should be thoroughly and publicly addressed. Facebook has a couple billion for thers so you have first time the possibility of a very broad adoption. If there were problems associated with money laundering, terrorist financing, any of the things we are all focused on, including the company, they would rise to
Five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises many serious concerns regarding privacy, money laundering, Consumer Protection and financial stability. These are concerns that should be thoroughly and publicly addressed before proceeding. Facebook has a couple billion plus users so you have for the first time the possibility of a very broad adoption. If there were problems there associated with money laundering, terrorist financing, any of the things that we are all focused on, including the company, they would rise to systemically important levels just because of the mere
Employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises many serious concerns regarding privacy, money laundering, Consumer Protection and financial stability. These are concerns that should be thoroughly and publicly addressed before proceeding. Facebook has a couple billion plus users so you have for the first time the possibility of a very broad adoption. If there were problems there associated with money laundering, terrorist financing, any of the things that we are all focused on, including the company, they would rise to systemically important