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Transcripts For CSPAN2 Facebook Co-Founder Mark Zuckerberg Testifies Before House Financial 20240713

[inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order. The gentleman from colorado is recognized for five minutes. The other coloradan. Thank you for repeating today. Thanks for your testimony today. I just want to lock one thing down where i i heard to make answers from your earlier. Ms. Maloney was kind of going through a list of regulators, and wanted to know if you would wait for their approval, and she went to a whole laundry list of them and your answer was, for the parts that apply yes, yes,e going to go and seek their approval. Her used the word seek their approval. Other times you said we will get their approval. So just from facebooks standpoint, are you willing to seek the approval or are you going to wait for the approval before anything is launched . Congressman, it is the latter. Thank you for the opportunity to clarify that. We are not going to launch anything until we get the approval. I also, if its okay, want to

Transcripts For BLOOMBERG Bloomberg Technology 20240713

Papal confirms that its bailing on its crypto currency program. And why analysts think thats a wise move. But first to our top story. Lofty investment goals thanks to mashayoshis san. He tells any kay business the results still have a long way to go, and ma makes me embarrassed and impatient. Er used to envy the markets in america. Theres no excuse for entrepreneurs in japan, myself included. Joining me is sarah mcbride. What was your key take away from this interview . Sarah it turns out that msasyoshi was asked more broadly about the japanese environment, and so you can interpret his results to be more broadly, why arent there more entrepreneurs in japan . Why isnt the startup scene as vibrant as some of the places he mentioned southeast asia. There are a number of unicorns out of places like singapore and its just hard to see anything similar in japan. So in that context, i think you cant say, oh, he was just upset at himself over the vision or something narrow like that. Taylor rem

Transcripts For BLOOMBERG Bloomberg Technology 20240713

Paypal confirms it is bailing us commitment to Facebook Cryptocurrency project. Why analysts think that is a wise move. But first, to our top story. Loftyank set some investment goals. So far returns have not lived up to expectations. Have a long still way to go and that makes me embarrassed and impatient. I used to envy the skill of the markets in the u. S. And china. He goes on. There is just no excuse for entrepreneurs in japan, myself included. Joining me to discuss is sarah mcbride. What was your Key Takeaways from this interview . Sarah it turns out that masa yoshi son was being asked about the Japanese Environment and so, you can interpret his results to be more broadly, why arent there more entrepreneurs in japan . He specifically mentions southeast asia. There are number of unicorns out of places like singapore. Its hard to see anything similar in japan. In that context, i think you cant say he was upset at himself over the vision plan or something narrow like that. Taylor rem

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240714

From the g7d review working group and others, is to have a very stable value retentive Digital Currency. It will be a very high quality Digital Currency in a number of countries that are currently receiving a lot of their income from abroad. They will now receive a lot of their income from abroad in a Stable Currency that will retain its value. Obviously many of those same third world countries and some than third world have very strict controls on foreign currency. They have currency controls and currency boards and do not allow their consumers to take action outside of their home currency and they do not allow their home currency to be taken out of the country. How does liu brooklyn on dealing with that . Libra plan on dealing with that . There are lots of countries that have the problems you highlighted and do not have currency controls that we can address right away. For other countries it will be on a country by country approach. Any wallet on top of the Libra Network will be inte

Transcripts For CSPAN Facebooks David Marcus Testifies Before House Financial Services Hearing 20240714

Also tomorrow, the senate is expected to vote on the 9 11 Victim Compensation fund. In the house, legislation on Retirement Savings plans and border security. Watch the house live on our companion network cspan2. Tomorrow, Christopher Wray will testify in a hearing. Live coverage will be on cspan 3, starting at 10 00 a. M. Coming up on wednesday, the former special Counsel Robert Mueller testifies before the House Judiciary Committee and the house intelligence committee. That will begin at 8 30 a. M. Eastern, live on cspan and on our companion network, cspan3. It will also be online at cspan. Org. Listen with the free radio app. In 1979, a Small Network with an unusual name rolled out a big idea. Let they make up their own minds. Cspan opened the doors to washington policymaking for all to see, bringing you unfiltered content from congress and beyond. A lot has changed in 40 years, but today that big idea is more relevant than ever. On television and online, cspan is your unfiltered vi

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