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In this portion a group of Business Leaders discuss the future innovation and competitiveness environment in the u. S. Good morning. Since the councils beginning in 1986, weve seen over and over and time and again how technology has transformed our lives, and unleashed new challenges and opportunities as we think about a new future for the United States. 2003 was such a period of change. 17 years after our founding, our Council Members recognized that the nation stood at a florida infliction point. We needed significant chance to enhance our innovation capacity which lead to the pioneering work of our National Innovation initiative it, and now another 17 years later here we are again, once again finding ourselves at the precipice of transformational change. T ....
About a new future for the United States 2003 was a period of change 17 years after our founding we recognize the nation Inflection Point with significant change which led to the work of our National Innovation initiative and now another 17 years later here we are again. Once again finding yourselves in a transformational change. To hear stories about these changes as they are foundational with innovation and competitiveness the commission cochaired is a multiyear effort for americans innovation potential to have a new path and the 21st century. And as this slide shows a little less than a year ago of poor leadership we begin to build this effort and by august pulled together a powerful and diverse set of commissioners from across the country from industry and academia and the labor union and today is the 2020 road ....
Continues to pose risks. But first, our top story. Mark zuckerberg will get a firsthand look at the growing opposition to facebooks plan to create a cryptocurrency. He will testify october 23. The hearing will examine facebooks impact on the financial and housing industries. My first question is, how significant that it is zuckerberg . It is very significant. Anytime the ceo testifies, it is a big deal. I was there in april of 2018 when he last testified and it was a total zoo. Everyone wants to see him and asking questions. I imagine this will be the same. I know they had been trying to get sheryl sandberg. We wrote about that a couple of weeks ago. It looks like they got someone even better which is her boss. Taylor what do we know about the content of the hearing . Kurt this committee focuses on financial services. They also do housing staff. Stuff. Accused withbeen issues around its advertising businesses. People are being discriminated for housing related issues. I imagine that wi ....