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
He was looking at a way to demote jay powell so he wouldnt be chair anymore, not fire him. I think a lot of people think it would be against the law. I asked senator tillis from north carolina, who is on the finance committee. He thought maybe it was possible. President , ithe is his administration. He should look at everything he can do within his legal authority. I havent reviewed the legal analysis, but theyve got a lot of smart people in the white house. It probably is within his authority not to remove him, but potentially consider another chair. David it sums like if you were to do that, the Republican Senate wouldnt stop him. Alix well no, of course not. Someone, who would he pick . Of uld be the perfect the perfect dove . David i think you will come out for blood if he doesnt get his rate cuts. Stay with bloomberg as we bring you live coverage of the latest decision, followed by jay powells news conference, starting at two is like this afternoon. Alix from one politician to ano
Scandalous allegations that a former International Criminal Court Official sponsor to you gun. Dont rebel leader, joseph cody, its all now under investigation that is, according to your guns. The attorney general. The arrive midweek here in moscow in the world gear. Political hotspots are firing off a lot of details to give you and this ours live pro accounts to amounts to quote, the us blew up the north stream pipelines out of fear. It was losing influence in europe. That is the revelation made by Pulitzer Prize winning and investigative journalist, civil hush. On the one Year Anniversary of a sabotage of the north stream to by the administration blew up the pipelines. But the action had little to do with winning or stopping the war in ukraine. It resulted from fears in the white house, the germany would waiver and turn on the flow of rushing gas in germany. And then nato, for economic reasons would fall under the sway of russia, and its extensive and inexpensive. Natural resources in
And africa was uniting to solve the continents challenges of Drug Trafficking criteria. Now, welcoming safety. 3 african states to convene to discuss the issue and both fighting, not the good morning and mid week. We got your wednesday headlines light up here on out to you international. Youre gonna want to hear if you can imagine its ill be in the just one. Yeah. Since the north stream pipelines was sabotaged, but still west and investigations that revealed no concrete results. And it made the attacks on advisory. Russia has now convened a meeting of the Un Security Council to re address the issue with this time. Multiple speakers now implicating western powers. So when you do your professional operation you for us, they need a cover for the deployment off the bones. And secondly, you need to disconnect the deployment from the triggering off the bones. Otherwise, people would easily find out who was the perpetrators off. The obvious cover was the bolts 20 to exercise. In june 22. With