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It's not necessarily big for facebook. in the minds of congressional democrats, you're exactly right. this fine isn't going to have the deterrent effect on facebook or any of its peers in silicon valley that have had privacy problems in recent months. on the flip side of this though, we don't have a national privacy law. there is nothing on the books that generally regulates the way that companies collect and monetize data. and in that respect the government has been using decades-old laws to police these companies on privacy. so there's really a limit to what an agency like the ftc can do, an...

We're not trying to just ruin the existing banking system and we're not going to control this claim we're going to be sharing control of these all these other people with that said with all of its history of privacy problems and concerns about anti-competitive behavior that could lead to antitrust regulation a lot of politicians still might be worried that baseball getting into a new business especially something as important as the financial sector could give it even more power over our lives at a time when everyone wants it to have less yeah that's a very good point to make there josh consta...

We're not trying to just ruin the existing banking system and we're not going to control this claim we're going to be sharing control of these all these other people with that said with all of its history of privacy problems and concerns about anti-competitive behavior that could lead to antitrust regulation a lot of politicians still might be worried that baseball getting into a new business especially something as important as the financial sector could give it even more power over our lives at a time when everyone wants it to have less and yet that's a very good point you make there josh co...

Can happen in the 2018 midterms and again in september when we expect the chief operating officer to testify. so this is just the beginning for facebook. and, you know, just to the point of the stock price, one of the other reasons that stock price dropped is because facebook was facing the threat of regulation. folks thought maybe facebook's privacy problems had finally caught up with it. now the question investors might have to ask is has this issue around disinformation caught up with facebook, only adding to the regulatory threats. >> let me follow up. because obviously september's going t...

Them. sanjay, thank you for being here. wonderful to see this video this morning. ahead for us, more privacy problems for facebook after cnn investigates and finds a russian company may still be gathering data on users and allowed to do so by facebook after that collection was supposed to stop. details ahead. my digestive system used to make me feel sluggish