[inaudible conversations] the hearing will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Federal
Thank you for your support. Thank you to all of you for taking the time to join this conversation at a time that could not be more crucial for his country. I get that running for president as a thirtysomething mayor is not a conventional, political, or professional move. The reason i am doing it is because of the moment we are living in. I am convinced even now, and as we read the headlines and look around us, we may be under reacting to the seriousness of he moment that we live in. That right now, the pace of change in our economy and politics is accelerating and if we dont get on top of that, we are not on top of the conditions that made the president we are living with now even possible. [applause] ti mr. Buttigieg a president like the one we have now does not get within cheating distance of the oval office unless something is wrong across the land. We have to speak to that if we want to win. In order to do that im convinced that we need to ground our politics in our deepest values.
Ruoff. As always, we take your phone calls. Washington journal is next. Host flags at the Human Capital are at half staff this morning, the day after a First Baptist church in texas became a fight of americas latest. People died when according to authorities, a lone gunman opened fire. You are about the attacker who died yesterday. We spent the first hour of our program on washington journal hearing your reaction to this latest shooting attack in america. Give us a call. Democrats, 202 7488000. Epublicans, 202 7488001 independent callers, 202 7488002. You can also comment on facebook or twitter. Morning to you. Heres the banner headline across the san antonio express. Hime to worship turns to orror. The New York Times armed for war. The New York Times noting that the victims ranged in age from 572 and among the dead were thedren, pregnant women and pastors daughter. The deadliest mass shooting in texas history. Front page of usa today notes that the attacker was found fatally shot a sh
Today,nt page of usa they note the attacker was found fatally shot a short time later. Later after an attack in a neighboring county. There is no motive for the attack but they didnt officially identified the gunman. Two Law Enforcement officials were not authorized to comment publicly. The New York Times in their information about that man. He served in the air force at a base in new mexico but was courtmartialed in 2000 12 on charges of assaulting his wife and child. Sentenced to 12 months of confinement. Again, the motive in the attack is unclear. Of this morning, there is a lot to investigate. We are getting your reaction today on this latest mass shooting. Democrats, 202 7488000. Republicans, 202 7488001. Independent callers, 202 7488002. Hisident trump shared reaction yesterday. Here is what he had to say. Areur thoughts and prayers with todays horrible and murderers attack. This act of evil occurred as victims and their families were in their place of sacred worship. We cannot i