until the midterm elections. and tonight, the january 6th committee is under pressure to figure out its next move. given the very real likelihood none of the five subpoenaed republican lawmakers will comply. earlier today, one committee member suggested it is not over yet. we have all of the options that would be available to us for someone like steve bannon, or mark meadows, and then additional options because there are members of congress. of course, bannon and meadows were held in contempt, bannon now facing criminal charges for stonewalling the investigation. as the committee waits to hear from the gop house members. politico issued this report, another subpoena has gone out to a former aide to mark meadows. cassidy hutchinson, worked with meadows during trump s final days in the white house. she has already had two conversations with the committee. and the panel now wants a third. there is no question that hutchinson from her position dealing with legislative affai
having their march 2008 moment here. talk us through who this is going to hurt, because while this may be like the subprime crisis, march 2008, it s very different. the supreme crisis, where lots of individuals. you don t realize where they got themselves into. and then there were government bailouts. in the case of cryptocurrency, many of these individual investors are part of this wide swath of people who are antiestablishment, anti government, all bases of crypto has been decentralization, we don t want a guarantee, we don t want your protection. so if people are really losing their shirts here, what does this look like? this is the thing, right? i think about it as two categories of people. there are, as you, say some original pioneers, if that s the, word of crypto who were the people who could afford it.
going. the game is going even worse for twitter, right? they had this, point don t have any other suitor lined up. it s not at all clear how they can do anything other than really negotiate with him. they may not want to go into a costly legal battle with him, and heard their own share price. maybe subject themselves to lawsuits from their shareholders. so they may have even fewer options than he does. but the billions of dollars at stake here, i mean, i get sweaty when i miss a payment on a credit card. the idea that this guy s going on with a possible billion dollar fine, it really does make the hair stands up on my neck. let s talk about a whole lot more than a billion dollars. let s talk about cryptocurrency. we talked about the market is getting damage this week. cryptocurrency is literally in a death spiral. many people are saying, they re
there were tech entrepreneurs, with a libertarian and binge to get out of government regulation. when people lose their shirts, doesn t be symptomatic. and then when you think about the people that lined up to the first people further cryptocurrency, and they got it during the super bowl. now you have those folks, people who maybe cannot afford to lose even a little bit of money having put big money to cryptocurrency, as they were, told this is the future. and i think beyond those, you cryptocurrency, nbc news reached out all of them today. and you know they said about crypto? nothing. if you on i heart of our life savings and wells fargo and city bank and they wonder, fdic is, there money is guaranteed. if coin base goes bankrupt, that crypto is gone. it is the craziest thing to watch the most visible faces in
point nine percent now that the u.s. economy is doing well for the dollar response go on wall street the dow going down slightly well five hundred one but all are going up here are going down. german equity here the dax gaining weight trading up he was a little less labor market reports. one of art s reporting from frankfurt there now a check in on the petrol and as early as you cryptocurrency reveals it s nowhere to be found the writers news agency says that after four months of research it had as yet to identify a business or institution accepting the federal president maduro introduced the crypto currency with great gusto in february when crypto currencies like bitcoin were still riding high and venezuela s body of our was mired in hyperinflation the current value of the pet petrol also unknown. now for more let s cross