would not be in anyone s digital wallet until global regulators was satisfied we will take the time to get this right we expect the review of libra to be among the most extensive ever we are fully committed to working with regulators here and around the world and let me be clear and unambiguous facebook will not offer the libor a digital currency until we have fully addressed regulators concerned and received for preity approvals. marcus s appearance before the committee came a day after u.s. treasury secretary steven nugent said his department had very serious concerns libra could be used by criminals it s clear u.s. authorities are giving their homegrown web giant s plans a closer look. let s go to our financial correspondent new york yankees korda now yes there was some pointed remarks in this hearing what does it really mean for facebook s plans i mean could they just go ahead with libra if they wanted to they
that needed monitoring he also took an indirect jab at u.s. treasury secretary steven nugent for saying this week that a weaker dollar helped us trade the e.c.b. president responded that global leaders had a longstanding agreement to refrain from competitive devaluations. and we stay at the world economic forum because donald trump has arrived in davos as a spectacle and it s all about america first the president s visit comes amid announcements of new chair of set by the u.s. government that have been heavily criticized mostly between the lines of other davos speakers in his first day at the world economic forum trump held several bilateral talks behind closed doors. the big moment has arrived donald trump is in davos mr america first himself and what s mostly been an assembly of multilateralist the elephants in the room have names like trade wars and punitive tariffs expressions that stand for the u.s. is in
white house six weeks, approaching the 50th day of this administration. i think we are trying to deal with the situation at hand. part of the reason the president has addressed the budget the way he has is to try to get our nations debt, deficit and budget in order. he s continuing to so a tremendous respect for taxpayer money, the way we spend money and bring it down. obviously, there are certain things that will be out of our control when we walk into this building, and we are going to work with secretary steven nugent and mick mulvaney to address the issue and work with congress. reporter mexican question, scott pruitt said today that carbon dioxide was not a contributor to global warming, in obvious event is at odds with global nsus. does the president agreed? press secretary spicer: that is a snippet of what admission reader scott pruitt said, he went on to say i don t think we know conclusively, this is what we know. i would suggest you touch base with the epa on that. he had a