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Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testim...

Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the...

Much. Things a lot. You can watch live coverage of the u. S. House on cspan. The senate is about to gavel back in for more debate on defense programs and policy this afternoon. Shortly we take live to the floor of the u. S. Senate for more debate. The presiding officer the senate will come to order. The presiding officer the senator from texas. Mr. Cornyn madam president , are we in a quorum call . The presiding officer we are not. Mr. Cornyn madam president , yesterday the Senate Overwhelmingly voted to proceed to the National Defense authorization act by a vote of 868. Excuse me, 866. Thats ...

Committee. We uphold the secrecy and the confidentiality of intelligence programs to keep our nation safe every day. When sure that our Intelligence Committee has the tools and resources to protect america both at home and abroad. So, i am pleased that the senate is considering our intelligence authorization bill as part of the nda. Our bill is a three year fiscal year in the making. In may the senate Intelligence Committee unanimously passed the bill with the voter 15 zero when we see that one more time. We unanimously passed the authorization bill 15 zero. I appreciate vice chairman warners ...

Amazon, the latest in the eu cross hairs, facing a probe over possible anticompetitive Business Practices. Plus, ralph lauren and le le strauss in the red, both downgraded to sell at Goldman Sachs. And a tariff fueled strategy shift. Apple reportedly set to begin trial production of air pods outside of china and into vietnam. Another case of big tech under International Scrutiny amazon facing a formal eu antitrust investigation into its dealings with third party merchants. European competition commissioner margaret says based on the commissions preliminary fact finding, amazon appears to use c...