Youre watching cspan2. Your unftered view of government. Created by americans Cable Television companies emma is a public service, and brought to you today by your television provider. Acebook market zuckerberg and twitter Ceo Jack Dorsey testified about the president ial election helped erica manng misinformation online. From this in a jewish inhe judiciary committee. This is four hours. Good morning everybody. I think weave senator blumenthal remotely, is that correct. And is it okay if we moveha forward. Absolutely and thank you very much. I will make a brief Opening Statement and this is about censorshipuppression in the 2020 election. Sort of a deep dive when i facebook. Witter and about the platforms and the decisions they make and how they make them. Can we do better. Do we need to do better. So the first thing that i want to talk about here is health risket associated with social media. A 2018 Research Center survey of nearly 75013 17 yearolds found that 45 percent online almos
Use authorization its covid19 vaccine. You can see pfizer punching up about 1. 7 at the moment. Remember that were looking at a comeback perhaps late in the day, in the next 59 minutes, because that is the dow had fallen 430 points, now we are down just 116. Any gain for the s p, the russell or the transports means another record. Were not there yet right now. The nasdaq up 9 points. Fed chair Jerome Powell also giving markets a boost by calling on congress to get moving, already, on a new stimulus package. Former chair of the council of economic advisers under george w. Bush and now Columbia Business School emeritus dean, Glenn Hubbard is here on whether we need it, how big it should be and how worried he is about the precarious recovery. The ceos of facebook and twitter forced to run the Senate Judiciary committee gauntlet on capitol hill once again. One senator equating the social media sensations as quote, modern day robber barons. The ceo of whats being called the antifacebook is
Dep. Atty. Gen. Rosen good morning. I am jeff rosen, and i am pleased to be joined today by vermonts u. S. Attorney, christina nolan, new jerseys First Assistant u. S. Attorney, dep. Atty. Gen. Rosen ok, good morning. I am jeff rosen, and i am pleased to be joined today by vermonts u. S. Attorney, christina nolan, new jerseys First Assistant u. S. Attorney, rachael honig, our acting assistant attorney general for the Civil Division, jeff clark, and the eastern texas u. S. Attorney, steve cox. This morning, subject to court approval, the department of justice is announcing a global resolution of our criminal and civil investigations into the opioid manufacturer, Purdue Pharma, as well as a civil resolution with members of the Sackler Family, who comprise the shareholders of the company. H members of the Sackler Family, who comprise the shareholders of the company. Before we address the specific terms, i want to provide some context of how todays announcement fits into dojs wider efforts
Crucial moment in American History . We will ask a facebook early investor, as we kick off our electioneering series, where Technology Makes democracy. Preipof airbnb has plans to benefit investors. What could be the largest listing in the u. S. Of the year. I want to get you todays selloff. The vix index up a whopping 18 . Abigail doolittle in new york. Sentiment seems to be souring as we get closer to the election and cases pick up. What was driving the volatility today . Abigail many factors at work today, and you are right, there was a lot of volatility. The complacency that we felt like we had four, lets call it a few weeks, although it has been broken with the vix daca above 30. One of the drivers in the european session, the s p, a german enterprise suffer company down not just for the rest of these are but the first half of 2021, saying it will eat into their demands, that calls into question the overall i. T. Are we going to go into a period with the competitors to sap, and or
Rosen announced Purdue Pharma agreed to plead guilty to criminal charges and pay more than a . 3 billion in fines. The settlement also includes members of the Sackler Family, owners of Purdue Pharma, who will pay additional fines for settlements. Dep. Atty. Gen. Rosen good morning. I am jeff rosen, and i am pleased to be joined today by vermonts u. S. Attorney, christina nolan, new jerseys First Assistant u. S. Attorney, rachael honig, our acting assistant attorney general for the Civil Division, jeff clark, and the eastern texas u. S. Attorney, steve cox. This morning, subject to court approval, the department of justice is announcing a global resolution of our criminal and civil investigations into the opioid manufacturer, Purdue Pharma, as well as a civil resolution with members of the Sackler Family, who comprise the shareholders of the company. Before we address the specific terms, i want to provide some context of how todays announcement fits into dojs wider efforts to address th