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Without objection the chair is authorized today declare a recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today, were here to examine the impact of facebook on the Financial Services and housing sectors. Our sole witness is facebooks chairman and ceo, Mark Zuckerberg. Facebooks plans to create a Digital Currency, libra, and a digital wallet raise many concerns relating to privacy, trading risk, discrimination, opportunities...

Good morning, everyone. Thank you for joining us. As we meet with you here today we await language on the resolution that the democrats say they are going to put forward. We would just note, we are going to hear more on this issue from the republican leader of the rules committee in a minute, mr. Cole, but i would just note that what the democrats are now trying to do, they basically cooked up a process, they have been conducting in secret, the goal of the process, the aim of the process was very clearly to preclude the president s counsel from asking questions of witnesses. Goal of the proces...

Good morning everyone. Thank you for joining us. As we meet with you here today, we await language of a resolution that the democrats say theyre going to put forward. We would just note and were going to hear more on this issue in a minute, but i would just note that what the democrats are now trying to do is basically cook up a process theyve been conducting in secret. The aim of the process was very clearly to preclude the president s counsel from asking questionsof witnesses. The goal of their process was to preclude republicans from being able to call any witnesses and have now taken this ...

Investigate a political opponent to help win his election is not the conduct of an american president. The allegations that blocked hundreds of millions of dollars he blocked hundreds of millions of dollars in congressionally approved aid to another country and its an allegation unless he agreed to smear a political opponent is not the conduct of an american president. Denying congress the information which it is constitutionally entitled to and obstructing efforts to investigate actions is not the conduct of an american president. Its an abuse of power. It undermines our national security, vi...

Caroline abigail, what are you watching at the close . Abigail the technicals on the tech heavy nasdaq. This is a roughly 1. 5 year chart. The range, the complete range. We had the last bit of the rally, the Fourth Quarter volatility. Triedct that the nasdaq to touch down onto its 100 Day Moving Average in yellow. You can see that has happened before. Thelast time that happened, time before that. The biggest point, alltime highs, buyers are not very enthusiastic. Suggest we will be sideways for a bit longer with stocks. Sentiment, risk off you see that showing up into buying bonds. The 10 year...