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The committee will come to order. 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 r...

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...

Three hours. We came into yesterdays session, its said, saying that the only thing more boy before a long Holiday Weekend is the friday morning. Weve got stronger service pmi print as a readily identifiable trigger. What a need shift, starting yesterday. If you hadnt told anyone that second tier data would trump admit he a, trump nvidia, what happened . Were we to onesided . Was fed speak nervous before the data . I dont know what it is, but it feels like a big sentiment shift. Anxiety around inflation. I put this to chris williams, Companies Remain cautious with respect to the Economic Outloo...

Its 30 below normal, but we continue to inch ever higher toward 17,000 on the dow. I think for me, the story is really about what an historic year and historic rally this has been for stocks since the 2009 lowin lows. The world looks better where we created 3 or for 4 trillion, the fifth best rally in terms of a bull market. If it keeps going next year, it will keep getting more impressive. Thats very different from what people had anticipated. Were going to keep an eye on that as we move into 2014. We have people expecting some corrections coming up very soon. Yes, they are. Its also, by the ...

Tonight at ten, borisjohnson warns of tighter coronavirus restrictions as daily infections reach record highs. The Prime Minister says stronger measures arent guaranteed, but labour warns he must act now. It may be that we need to do things in the next few weeks that will be tougher in many parts of the country. So i say bring in those restrictions now, National Restrictions within the next 24 hours. That has to be the first step to controlling the virus. As some schools prepare to reopen, fears of Staff Shortages as unions tell teachers it isnt safe. And the oxford vaccine is rolled out tomor...