10 Burst results for "Ms Velasquez"

"ms velasquez" Discussed on C-SPAN Radio

C-SPAN Radio

01:41 min | 1 year ago

"ms velasquez" Discussed on C-SPAN Radio

"New York reserves his time The gentleman from Ohio is recognized. Thinking about speaking. We reserve German from Ohio Reserves is trying to Johnny from New Yorkers recognize back to speak right now you're 30 seconds. His thing with gentle lady from New York. Ms Velasquez, the gentle moment from New York. Is recognized for 30 seconds, not in speaker. I rise in support of this resolution because in America we hold power to account in America. We do not to come to violent and directions inside it by a head of state in America. We do not turn a blind eye to high crimes and misdemeanor. No, that is not who we are. So today as this Want defender off this nation's constitution. I will vote in favor off impeaching Donald J. Trump are yelled back. Take Democrat Nydia Velazquez and from New York preserves. The gentleman from Ohio is recognize. Thank you, Madam Speaker. Could I get inquired that the time remaining for each side? The gentleman has 10 minutes remaining and the gentlemen for New York has died and three quarters minutes remaining. The gentleman from Ohio was recognized. I thank you. Not a speaker, I would you have one minute to the gentleman from California. Mr Malone. Gentlemen from California's recognized for one minute. Ladies and gentlemen, Welcome to the second annual impeachment show extravaganza brought to you by the censors and left wing media. The fact check ministers of Shut Down and Big Tech and the Democrat Party today the second annual peace when the President Trump isn't really about actual words spoken out of rally..

New York Ohio Donald J. Trump America Madam Speaker Nydia Velazquez Democrat Party Ms Velasquez California Mr Malone Johnny Big Tech President
"ms velasquez" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

03:50 min | 1 year ago

"ms velasquez" Discussed on WNYC 93.9 FM

"Recognized. Thank you, Madam Speaker. Way reserved German from Ohio Reserves. This time the German from New Yorkers recognize man to speak right now you're 30 seconds. This thing was gentle Lady from New York. Ms Velasquez. The gentle moment from New York is recognized for 30 seconds. Not in speaker. I rise in support of this resolution. Because in America have Nydia Velazquez, Democrat of New York, We do not become violent insurrections inside it by a head of state in America. We do not turn a blunt I too high crimes and misdemeanor. No, that is not who we are. So today as the swarm defender off this nation's constitution, I will vote in favor off impeaching Donald J. Trump. Ah yelled back. The gentleman from New York reserves. The gentleman from Ohio is recognized. Thank you, Madam Speaker. Could I get inquired the time remaining for each side? Gentleman has 10 minutes remaining. The gentlemen for New York has nine and three quarters minutes remaining. The gentleman from Ohio is recognized. I thank you, Madam Speaker, I would you have one minute to the gentleman from California. Mr Malone, Gentlemen from California's recognized for one minute. Ladies and gentlemen, Welcome to the second annual impeachment show extravaganza brought to you by the censors and left wing media. The fact check ministers of Shut down and Big Tech and the Democrat Party. Today. The second annual peace in the President Trump isn't really about actual words Spoken out of rally. No This is all about Madam speaker. The unbridled hatred of this president. You use any extreme language in any process to oppose the core of what he is really fought for. You hate him because he is pro life Strongest, ever. You hate him for fighting for the freedom of religion should not be persecuted by unfair mandates. Limitations on speech. You hate him for not subscribing and shackling us with the religion of climate change and one sided Paris accords. You hate him for Israel. You hate him for defending our borders. You hate him for letting families and small businesses keep what they earn for trying to keep the ages of government off their back. You hate him for putting America first, which is what I thought we do when we swear the oath. No, this shabby show isn't about a threat to the republic. This is the impeachment muting of at least half of the American people. This is shameful and abuse of a process elements. Time has expired. The German from the German dish was struggling offer. He is a Republican from California 20 seconds. I pray people of all stripes, wake up to the spectacle and exercise their rights to put a stop to it through free speech and to fair elections. Are you back? The gentleman yields back this time. The gentleman from Ohio. Wishes to reserve The gentleman from New York is recognized. Speak right now. Yield 30 seconds, the gentle lady from Florida. Ms Wasserman jewels. The gentleman from Florida is recognized for 30 seconds. Thank you, Madam Speaker. I rise to support the impeachment of President Donald J. Trump for seditious acts against America. Overturn the 2020 presidential election trump inside it a violent assault on Congress, a treasonous betrayal of our nation. This criminal incitement left us with five dead, including a police officer, a desecrated capital in a second constitutional crisis. His acts so show contempt for the rule of law, The Constitution and the foundation of any democracy. A peaceful transition of power. President Trump is a clear and present danger to American lives and democracy, and he leaves us no choice but to immediately remove him from office. Thank you for your back. That's deadly. Wasserman Schultz, who is a Democrat from Florida, reserved the gentleman from Ohio. Thank you. Thank.

Madam Speaker Donald J. Trump New York Ohio America president Ms Velasquez California Wasserman Schultz Florida Nydia Velazquez Democrat Party Ms Wasserman Mr Malone Big Tech Israel Congress
"ms velasquez" Discussed on KCRW

KCRW

02:28 min | 1 year ago

"ms velasquez" Discussed on KCRW

"Thank you, Madam Speaker. We reserve German from Ohio Reserves. This time the German from New Yorkers recognize man to speak right now You're 30 seconds. This thing was gentle Lady from New York. Ms Velasquez. The gentle moment from New York is recognized for 30 seconds. Not in speaker. I rise in support of this resolution. Because in America have Nydia Velazquez, Democrat of New York, would not become violent insurrections inside it by a head of state. In America. We do not turn a blunt I, too high crimes and misdemeanor. No, that is not who we are so today as the throne defender of this nation's constitution. Will vote in favor off impeaching Donald J. Trump are yelled back. But the gentleman from New York preserves the gentleman from Ohio is recognized. Thank you, Madam Speaker. Could I get inquired the time remaining for each side? Gentleman has 10 minutes remaining. The gentlemen for New York has nine and three quarters minutes remaining. The gentleman from Ohio is recognized. I thank you, Madam Speaker, I would you have one minute to the gentleman from California. Mr Malone, Gentlemen from California's recognized for one minute. Ladies and gentlemen, Welcome to the second annual impeachment show extravaganza about to you by the censors and left wing media. The fact check ministers of shutdown and Big Tech and the Democrat Party. Today. The second annual peace when the President Trump isn't really about actual words Spoken out of rally. No This is all about Madam speaker. The unbridled hatred of this president. You use any extreme language and any process to oppose the core of what he is really fought for. You hate him because he is pro life Strongest, ever. You hate him for fighting for the freedom of religion should not be persecuted by unfair mandates. Limitations on speech. You hate him for not subscribing and shackling us with the religion of climate change and one sided Paris accords. You hate him for Israel. You hate him for defending our borders. You hate him for letting families and small businesses keep what they earn for trying to keep the ages of government off their back. You hate him for putting America first, which is what I thought we do when we swear the oath. No, this shabby show isn't about a threat to the republic. This is the impeachment muting of at least half of the American people. This is shameful and abuse of a process elements. Time has expired. The German from you the damage that was done.

Madam Speaker New York Ohio Donald J. Trump America Nydia Velazquez California Ms Velasquez Democrat Party president Mr Malone Big Tech Israel Paris
"ms velasquez" Discussed on KQED Radio

KQED Radio

02:28 min | 1 year ago

"ms velasquez" Discussed on KQED Radio

"Time the gentleman from New Yorkers recognize Madame Speaker and now you're 30 seconds. This thing was gentle Lady from New York. Ms Velasquez. The gentle moment from New York is recognized for 30 seconds. Didn't speaker I rise in support of this resolution because in America have Nydia the Velasquez, Democrat of New York, will be not to come to violent and directions inside it by a head off state in America. We do not turn a blunt I, too high crimes and misdemeanors. No, that is not who we are. So today as the swarm defender of this nation's constitution, I will vote in favor off impeaching Donald J. Trump are yelled back that the gentleman from New York preserves the gentleman from Ohio is recognized. Thank you, Madam Speaker could again inquired the time remaining for each side. Gentleman has 10 minutes remaining. The gentlemen for New York has nine and three quarters minutes remaining. The gentleman from Ohio is recognized. I thank you, Madam Speaker, I would you have one minute to the gentleman from California. Mr Miller Gentlemen from California's recognized for one minute. Ladies and gentlemen, Welcome to the second annual impeachment show extravaganza brought to you by the censors and left wing media. The fact check ministers of shutdown and Big Tech and the Democrat Party. Today. The second annual peace in the President Trump isn't really about actual words Spoken out of rally. No This is all about Madam speaker. The unbridled hatred of this president. You use any extreme language and any process to oppose the core of what he is really fought for. You hate him because he is pro life Strongest, ever. You hate him for fighting for the freedom of religion should not be persecuted by unfair mandates and limitations on speech. You hate him for not subscribing is shackling us with the religion of climate change and one sided Paris accords. You hate him for Israel. You hate him for defending our borders. You hate him for letting families of small business to keep what they earn for trying to keep the ages of government off their back. You hate him for putting America first, which is what I thought we do when we swear the oath. No. This shabby show isn't about a threat to the republic. This is the impeachment of muting of at least half of the American people. This is shameful and abuse of a process. That means time has expired. The gentleman from you that was dug them offer. He is a Republican from California 20.

Madame Speaker New York Donald J. Trump Ms Velasquez America president Ohio Democrat Party California Big Tech Mr Miller Israel Paris
"ms velasquez" Discussed on C-SPAN Radio

C-SPAN Radio

15:10 min | 2 years ago

"ms velasquez" Discussed on C-SPAN Radio

"Services committee chair Maxine waters in December twenty nineteen from the OCC FDIC has issued a notice of proposed rulemaking on control outings proposal the federal reserve did not join in this proposal at the I. C. board member Martin Gruenberg voted against control proposal describing it as quote a deeply misconceived proposal that would fundamentally undermined and weakened the community reinvestment act of and in remarks last month federal reserve board governor Brainerd said that quote given that reforms to the C. R. U. regulations as likely to set expectations for two decades it is more important to get the reforms done right then to do them quickly that requires given external stakeholders sufficient time and analysis to provide meaningful feedback on a range of options for modernizing the regulation unquote hello governor Brainerd also suggested in a speech last month that the federal reserve created database of six thousand public CRA evaluations looking at how various C. R. A. investments support low and moderate income communities has the fed use this database to evaluate how bank activities would be assessed under the O. C. C.'s and the F. D. I. C.'s proposal CRA if I understood your question was whether we've used our database to evaluate their proposal that's right manat totally sure we have maybe I can provide little context if that's appropriate if I may which is which is just that we do agree that this is a good time to update C. R. A. in light of changing technology and demographics and we agree on the on the goals over we we put a lot of work into this we tried hard to get on the same page we're able to do that we have some different ideas does it intends to do this assessment he's making do you tend to do the assessment that a reference regarding the database to evaluate bank activities you know how they would be upset SS so we under the O. C. C.'s at the FDIC this proposal the CRA well so are real the real point of that of that database was for us to create our own set of metrics we we want to be very very sure that that what comes out of this is a proposal that from us that will leave all you know major participants in C. R. A. better off and so we think it's important that each metric each changes that we make is grounded in data and that was the purpose was to was for help us develop our thinking and our proposals and that's essentially what we've been using it for so given the magnitude of reform and see or a regulation do you think the comment you should be extended to allow the public to weigh in on such an important undertaking that's really a decision for the the OCC and the other one though it's a decision of love what do you think I think it's it's not our role to comment on their proposal where we have our own work and and our own ideas that we be happy to share but it's really up to them to to make that decision so are you completing your assessment are you continuing to look until you come to a final decision we are we are but don't you think the public should have an opportunity to have more time to do that also and and they will in enough when the time comes I mean I I think for the time being what we're doing is we are looking forward to reading the comments on the on the proposal I think we'll all learn quite a lot from those comments and and we'll be able to incorporate that thinking and whatever changes are made to the proposal there may be substantial changes to to the existing proposal coming out of the comments so what I think were were our our view is that we we want something that that will leave everybody better off and will have broad support and that's we're gonna be working on well as you may be aware all of the Democrats on this committee urged regulators to provide a public comment period of at least one hundred and twenty days on any major C. R. A. reform instead of the sixty days the OCC FDIC has provided community bank state regulators and community groups have called on these agencies to extend the comment period and even though you said it is not your place to comment on whether or not they should be extended I wish you would think about this and I wish you would as you're doing the assessment and as you have said it is important for the public to be able to comment review what you were thinking and if you change your mind let us know about commenting on whether or not we should extend the comment period you don't have to respond to that thank you very much the gentleman from North Carolina ranking member Mister McEnery is recognized for five minutes so it always is rich right so when somebody else has a negative comment about the federal reserve that's bad but when I as a policy maker on the hill have a negative comment about the fed it's good all right so it's all about yeah either the holder when it comes to the political debate here in Washington cars made a decision over a hundred years ago to outsource monetary policy to the to reserve your construct of law you're given independent operations and you have a set term of office and so the independence of the fed for monetary policy is appropriate as long standing every president in the last one hundred years has had some private criticism and we found out at some point about that criticism either through press reports at the time or later or some biography biographers work about the president but here on the hill we can make negative comments about the fed and attack the president for having negative comments about the set right so all the stuff is just rich politics let's get down to the essence of this you are the biggest regulator in town when it comes the financial world I have concerns that I want to address there are regulatory nature that I think impinge upon monetary policy the repo market for instance these operations you said are temporary in nature is that still true yes our expectation is that we will continue our bill purchases at least through through into the second at least in the second quarter and continue re pop operations at least through into April and in day for all sense of that is though that were for building up a level of reserves to a level that will mean that we don't have to be involved in open market operations on an ongoing basis and that that's going to take that period of time and as as the underlying level of reserves rises to Arbil purchases the need for repo world will decline and sometime around the middle of the year will reach that level of ample reserves and from that point forward the balance she will grow at at at trend demand for our liabilities will continue to expand with the economy and what are you doing a review on your capital requirements for instance financial institutions that should be participating in the Republican well we I think we've reviewed supervisory and regulatory practices that may be affecting the flow liquidity are our main focus of course is is is the federal funds market and and our ability to you know transmit our policy decisions smoothly into the money markets through the federal funds rate what happened in last September early September was that there was unusual tightness and volatility and we attribute that to the fact that that what appeared to be ample levels of liquidity didn't flow where they where they might have and so we're really doing to me two things one were raising the underlying level of liquidity to a to a fight by raising research to a level that's higher than we thought we needed in that process as I mention will take to the middle of the year well sort of that is the supervisory assessment as well to make sure that this the policy is being driven in terms of the institutions that's right okay and and so we've been doing that since September so I raise this in my opening statement about China now you spoken publicly about your assessment you're thinking as you see what is happening with China's response the corona virus we wish them well and we have high hopes that they're going to be able to to tackle this crisis there this public health crisis they're facing but walk me through your thinking and assessing the the the situation in China now terms the economics and that potential spill over affect so I'll just quickly start by Ruth by saying again that we find the U. S. economy and in a very good place performing well we see signs of global growth bottoming out we see reduce trade policy uncertainty overall the background we see strong job creation continued moderate growth all of those things we see with all this happens in the context of a of a of a good strong U. S. economy and into that picture comes to the the coronavirus and and so the question is how do we think about that course first we observe the human tragedy which is terrible to watch the question for us really is what will be the effect on the US economy will it be persistent will they be material that's really the question I think we know there will be some effects on China through through some part of the first half of the year and China's close neighbors and trade major trading partners in Europe as well as Asia and we know that there will be some very likely be some effects on the United States I think it's just too early to say we have to resist the temptation to speculate on this and so we'll be watching that carefully again in question will be asking is will these be persistent affects that could lead to America material reassessment of the outlook question of laying length of time and whether or not this is a temporary disruption yes thank you the gentleman from New York ms Velasquez is recognized for five minutes house financial services committee hearing with that chair Jerome Powell live thank you your woman chairman Powell I would like to follow up with miss waters western North Sea array what aspects of the proposed changes to this the other day do you find most troubling so again I what I what I'd like to do if I may is is is not so much comment directly on the other proposal to talk about how we are looking at this and again we we think of it and I will mention the areas in which we in which we have differences okay I hear that I hear you and I respect that but I just would like to ask you if the fed is unable to reach an agreement with the OCC under the I see on a joint rule do you expect the fed to issue its own proposal we we haven't made a decision on that yet right now our focus is on our focus has been on trying to get on the same page we haven't been able to do that our focus is gonna be on learning from the process and I think we'll learn a lot are you meeting regularly with overseas over sixty an FDIC on this issue so we did for a long time we're not currently meeting with them on this so would you agree with governor bringers Coleman that is more important to get the rules right down to do it quickly yes I mean I think that's been our approach and will continue to be thank you chairman follow as you know re percent of the border and I have been concerned by banks growing reliance on cloud based service providers for data data storage needs does the fed have all the axis of already it needs or are there any contract will or legal limitations restricting the fed's ability to obtain the data hill by third parties that it needs to properly understand and manage these growing reliance so I I think we do have the legal authority that we need we are able to look into third party service providers and we're doing that more and more because of the as you mentioned the prominence and size of these these growing importance of these cloud service providers thank you are you back the gentlewoman from Missouri ms Wagner is recognized for five minutes I thank the chair woman and thank you for being here chairman how we're all very interest is is it just happened on January twenty ninth despite the repo spike I know the ranking member mentioned it I know you're in the middle of your review and and such but this I have a little more specific question could this read ripple market turmoil the symptomatic of deeper difficulties for the financial system I would love it really the it doesn't appear to be at all and I've since since we took the measures we took in early September ripple markets in money markets have been fun functioning very smoothly there hasn't been a return of the volatility they're very functioning very normal really without including over year round so we haven't had any return to that it's pretty clear that the measures that we took directly address the problem you know you know when that when the medicine is working you can really see and it seems to be working well here and we had a confluence of things happening just I know what that time with with the quarterly taxes do along with the treasury auction dad of also offers of a I think around seventy eight billion wasn't it yes I think that was a function of for a perhaps this is this fluke would you call we knew all that to the thing is we knew that and what what what we've done what we had done was we'd ask banks to tell us what your lowest comparable level reserves the right to got those numbers we Adam up we put a buffer on top of it and it's still suggested that that there was plenty of reserves in the system but then we can this happen and I think that that makes this thing because we knew about those big fights those are definitely on the rise and I well and you're doing a review you know I I I hope that you will find if there is anything symptomatic of some deeper difficulties and we look forward to that I turn the page I turn of how in December of last year I asked vice chairman quarrels for an update on the status of updating the G. said surcharge and plans for finalizing the stress capital buffer proposal which I.

Maxine waters OCC FDIC Martin Gruenberg
"ms velasquez" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:34 min | 2 years ago

"ms velasquez" Discussed on Bloomberg Radio New York

"Outlook question of length the length of time and whether or not this is a temporary disruption yes thank you the gentleman from New York ms Velasquez is recognized for five minutes thank you chairwoman New York Democrat media Alaska's beginning federal reserve chairman drum the house financial services committee what I'm listening to Bloomberg radio changes to the sea at a do you find most troubling so again I what I what I'd like to do if I may is is is not so much comment directly on the other proposal to talk about how we are looking at this and again we we think of and I will mention the areas in which twenty in which we have differences okay here that I hear you and I respect that but I just would like to ask you if the fed is unable to reach an agreement with the OCC on the FDIC on a joint rule do you expect the fed to issue its own proposal we we haven't made a decision on that yet right now our focus is on our focus has been on trying to get on the same page we haven't been able to do that our focus is going to be on learning from the process I think will learn a lot are you meeting regularly with the overseas OCC an FDIC on this issue so we did for a long time or not currently meeting with them on this so would you agree with governor Brainerd Coleman that is more important to get the rules right down to do it quickly yes I mean I think that's been our approach and will continue to be thank you chairman follow us you know read percent of the border and I have been concerned by banks growing reliance on cloud based service providers for data data storage needs does the fed have all the axis of already it needs or are there any contractual or legal limitations restricting the fed's ability to obtain the data hill by third parties that it needs to properly understand and manage these growing reliance I I think we do have the legal authority that we need we are able to look into third party service providers and we're doing that more and more because of the as you mentioned the prominence and size of these these growing importance of these cloud service providers thank you are you back the gentlewoman from Missouri ms Wagner is.

Alaska fed OCC FDIC governor Brainerd Coleman chairman New York ms Velasquez Bloomberg Missouri ms Wagner
"ms velasquez" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

13:26 min | 2 years ago

"ms velasquez" Discussed on WNYC 93.9 FM

"Is our only recourse are you back channel ideas back gentleman from Georgia thank you madam speaker at this time I yield two minutes to the gentleman from Colorado member the Judiciary Committee missed about Germans recognized for two minutes thank you madam speaker I thank the gentleman from Georgia today Democrats lower the bar for impeachment Ken block's Republican of Colorado and peach in the absence of a crime without due process and for for serving a legally constitutionally recognized privilege history shows Democrat presidents of abuse power undermine democracy in when elections and yet they have not been impeached president Franklin Roosevelt use the IRS to target his political opponents his son later admitted FDR used quote the IRS as a weapon of political retribution president John F. Kennedy use the FBI to wiretap and monitor political opponents including congressional staff he deported one of his mistresses to avoid scandal president Lyndon Johnson spied on Goldwater's campaign signing off on wire tapping his opponent and Goldwater's airplane and using a CIA spy to obtain advance copies of Goldwater strategies and speeches president Barack Obama refused to provide documents to Congress related to fast and furious is unconstitutional recess appointments were unanimously struck down by the Supreme Court he use national security agencies to lie to the American people about Benghazi to win the two thousand twelve election he spied on reporters finally it was the Obama administration that committed seventeen serious violations before the FISA court to spy on trump campaign associates despite these clear abuses of power by FDR JFK LBJ and Obama Republicans did not impeach why because the framers did not want a low bar for impeachment they wanted Congress and the president to work out their differences when I asked professor Turley in a Judiciary Committee hearing if any president can avoid impeachment with those low standard he said no I yield back the gentleman from New York this week I would you mind the gentleman that president Obama provided thousands of pages of information to congressional requests that that Attorney General holder another's testified I'm like now I now yield the one minutes to the general to the gentlelady from Illinois miss Kelly channel is recognized for one minute madam speaker today is a solemn day robin how many Democrats and none of us hope for when we came to Congress but the events of today are something that each of us war that we were prepared to execute in defense of the constitution of the United States against all enemies foreign and domestic this is the that binds the men and women of the hundred and sixteen Congress as out of democracy implores we defend her a clear and present threat to American democracy it's what brings us here the architect a president who asked that a foreign nation interfere in our election this was out founding fathers greatest fear I cast a solemn bow for the many individuals in my district one trusted me to be their voice in Congress they entrusted me to uphold the constitution for them I vote yes was Serra in Chicago dug in Kankakee Diana plus more yes the cat the a moment's Catherine increase and Jimmy in park forest the facts the simple the path forward is clear impeachment is not an option it is an obligation because no one is above the law I you German from Georgia thank you madam speaker this time it is my privilege deal two minutes to the gentleman from Pennsylvania another member the Judiciary Committee mistrust and all Germans recognized for two minutes thank you madam speaker and thank you rank member Collins you know the navy we had a guy Russian faller Republican of online up front what do the the bottom line Democrats are terrified the president trump is gonna win reelection they can't beat him on the merits the Democrats are heaving to the far left radical base they're using that thoughts and feelings the assumptions of some unnamed bureaucrats rather than relying on facts and law to impeach a duly elected president let me be clear this is nothing more than a political hit job yeah I've been on all sides of the court room I was a prosecutor in the navy as a defense attorney in the navy as a district judge in my home town and let me tell you as a lawyer I will defend this case every day of the week as a judge I would dismiss this on day one for lack of merit there's no prime aphasia case here I'll tell you I prosecute them I prosecute Adam Schefter abuse of power why how about the fact that he used his position as chairman of the phone records of ranking member Devin newness how about the fact that he dumped over eight thousand pages of documents and Republicans less than forty eight hours before a hearing that is the abuse of power an obstruction I prosecute the Democrats for obstruction how about the fact the judiciary Democrats voted down my request to subpoena the whistle blower how about the fact the chairman Nadler refused every single Republican request for a fact witness that is obstruction of Congress so again let me be clear today is nothing more than a political hit job thank you and your back German yields better gentleman from New York many speaker once again I hear a lot of attacks on members of a demo and democratic members of Congress but not one single word of substantive defense of the president's conduct I now yield one minute to the distinguished gentleman from Virginia Mister Connelly Germans recognized for one minute madam speaker each of us here took an oath to protect and defend the constitution that state Gerald Connelly Democrat from Virginia not our political party today history will judge did we abide that oath to extort a foreign country to investigate your political opponent is an unconstitutional abuse of power to solicit foreign interference in an American election is an unconstitutional because the power the need to protect against just such abuses prompted our founders to grant the sole power of impeachment to this house the delicate balance of power under our democracy is threatened when a president disregards the constitution by obstructing Congress has power to cover up illegal behavior in doing that president trump violated his oath today we must put country of a party conscience over complicity today we must a shirt no one's above the law today where someone by history to do the right thing I DO back general from Georgia thank you madam speaker I really I I know this is probably not true but I think the speakers are not working on the majority side because I have talked about it many of our members of talk about the facts let's just go real quickly no pressure no conditionality no it nothing was ever deny them and that when they got through they actually got the money they never did anything for it we have talked about the fact that's a distraction that doesn't need to happen with that Mrs madam speaker I yield a minute and a half to the general from Ohio Mister Davis Germans recognized for minute half madam speaker I've heard numerous colleagues say they didn't run for Congress to impeach the president well maybe not originally but I'm more Davidson a Republican of Ohio after the fourth vote to launch an impeachment inquiry today's vote was inevitable many of them campaigned on it I love this country with the soldiers passion I came here to defend freedom not to deny due process to anyone I came here to solve problems and change the broken status quo not to distract or disrupt those like president Donald Trump who deliver on promises to put America back on the path of peace and prosperity that has made an kept our country free for months now Americans have heard speculation about the president's motives in Ukraine despite months of effort dozens of hearings and countless documents Americans have not seen proof that the president committed a high crime or a misdemeanor we have a Republic if we can keep it this is disgraceful dishonest process it to discredit to this body into our nation I urge the house to drop these divisive articles of impeachment and get to work for the American people I yield one yes back gentleman from New York many speaker how much time would you tell me how much time you're listening to special coverage of the impeachment vote from NPR news has two hours in two minutes Joe from Georgia has two hours and three minutes right now yield one minute to the gentlelady from New York ms Velasquez Chile's recognized for one minute modern speaker the facts are clear the president of the United States with hill four hundred million dollars in military aid to one ally of the United States on also many of Alaska's democratic New York to compel a foreign nation to investigate his political opponents at the exact time the president was doing this Ukraine was engaged in a battle for its very existence with one of America's adversaries Russia the president abuse his power to persuade a foreign nation to dig up better on a political opponent and that's the truth this was quite simply a geopolitical shake down the press and then try to block Congress from exercising is constitutionally mandated duty to uncover the truth every single one of us to date faces is stark choice if we chose to turn a blind eye to put political expediency before the constitution then we are complicit in this so very soon optimal proceed if we do not hold this president accountable we have failed the people who sent us here Charlie Hunnam gated I work on old to defend the constitution in that you're not actually no one is above the law should not even the right thank you madam speaker this time is my pleasure deal two minutes from the general from Alabama Mister burn Germans recognized for two minutes madam speaker in three months we've gone from receiving on unsubstantiated hearsay and discredit to whistle blower complaint to the production of articles of impeachment against the president of Unisys special coverage of the impeachment hearings from and all your news this is Bradley Byrne from Alabama Goldstein from the beginning this is been a sham and this house has been nothing but a star chamber the Democrat majority literally locked themselves in the basement of this building hiding from the American people well my colleagues and I refuse to stand for Democrats move to public hearings but denied us questions denied us witnesses and denied the president any meaningful opportunity to defend himself with this complete abuse of process the democratic majority has produced the flimsy est and most legally unsound articles of impeachment in the history of this nation never before has a house reported an article of impeachment that does not allege an underlying crime yet this majority will do so today read the transcripts there was no quid pro quo no bribery no extortion no crime and no abuse of power and they don't even lead to crime in the articles of impeachment the president raising Ukrainian corruption is not an impeachable offense if the dealings of hunter Biden were so above board you would think the majority would be just fine looking into this matter you yet they haven't moved my resolution asking for an investigation and our subpoenas for hunter Biden have all been denied hundred fine don't get a pass because his dad was vice president I am proud to have full fought against Russia right every step of the way and I will probably vote no today and I yield back Germany is back German from New York ms be great now yield one minute to the gentlelady from Wisconsin is more gentle is recognized for one minute madam speaker the facts around contestable the evidence when more from Wisconsin use use the office of president and obstructed Congress and Jeff this requires this impeachment I feel compelled to respond to the false narrative that Democrats are using this process to overturn an election you know I agree elections are the appropriate venue for public policy disputes however we're not talking about a public policy dispute we're talking about a president who subverted national security by soliciting for interference in our elections the exact playing our founding fathers feared and the.

Georgia Judiciary Committee Colorado
"ms velasquez" Discussed on KCRW

KCRW

13:22 min | 2 years ago

"ms velasquez" Discussed on KCRW

"Madam speaker at this time I yield two minutes to the gentleman from Colorado member the Judiciary Committee missed about Germans recognized for two minutes thank you madam speaker I thank the gentleman from Georgia today Democrats lower the bar for impeachment can box will help a can of Colorado and peach in the absence of a crime without due process and for for serving a legally constitutionally recognized privilege history shows Democrat presidents of abuse power undermine democracy in when elections and yet they have not been impeached president Franklin Roosevelt use the IRS to target his political opponents his son later admitted FDR used quote the IRS as a weapon of political retribution president John F. Kennedy use the FBI to wiretap and monitor political opponents including congressional staff he deported one of his mistresses to avoid scandal president Lyndon Johnson spied on Goldwater's campaign signing off on wire tapping his opponent and Goldwater's airplane and using a CIA spy to obtain advance copies of Goldwater strategies and speeches president Barack Obama refused to provide documents to Congress related to fast and furious is unconstitutional recess appointments were unanimously struck down by the Supreme Court he use national security agencies to lie to the American people about Benghazi to win the two thousand twelve election he spied on reporters finally it was the Obama administration that committed seventeen serious violations before the FISA court to spy on trump campaign associates despite these clear abuses of power by FDR JFK LBJ and Obama Republicans did not impeach why because the framers did not want a low bar for impeachment they wanted Congress and the president to work out their differences when I asked professor Turley in a Judiciary Committee hearing if any president can avoid impeachment with those low standard he said no I yield back the gentleman from New York Mosby guide you my the gentleman that president Obama provided thousands of pages of information to congressional requests that that Attorney General holder another's testified I'm like now I now yield one minute to the general to the gentlelady from Illinois miss Kelly channel is recognized for one that madam speaker today is a solemn day robin Kelly Democrat familiar that none of us hope for when we came to Congress but the events of today are something that each of us war that we were prepared to execute in defense of the constitution of the United States against all enemies foreign and domestic this is the old that binds the men and women of the hundred and sixteen Congress as our democracy implores we defend her a clear and present threat to American democracy it's what brings us here the architect a president who asked that a foreign nation interfere in our election this was out bounding father's greatest fear I cast the solemn bow for the many individuals in my district one trusted me to be their voice in Congress they entrusted me to uphold the constitution for them I vote yes but Sarah in Chicago dug in Kankakee Diane and floss more yes the cat the a momentous Catherine increase and Jimmy in park forest the fax a simple the path forward is clear impeachment is not an option it is an obligation because no one is above the law I you German from Georgia thank you madam speaker this time is my privilege deal two minutes the drummer from Pennsylvania another member the Judiciary Committee mistrust and all Germans recognized for two minutes thank you madam speaker and thank you ranking member Collins you know the navy we had a guy Russian taller Republican of online up front what do the the bottom line Democrats are terrified the president trump is gonna win reelection they can't beat him on the merits the Democrats are heaving to the far left radical base they're using that thoughts and feelings the assumptions of some unnamed bureaucrats rather than relying on facts and law to impeach a duly elected president let me be clear this is nothing more than a political hit job yeah I've been on all sides of the court room I was a prosecutor in the navy as a defense attorney the navy as a district judge in my home town and let me tell ya as a lawyer I will defend this case every day of the week as a judge I would dismiss this on day one for lack of merit there's no prime aphasia case here I'll tell you I prosecute them I prosecute Adam Schefter abuse of power why how about the fact that he used his position as chairman to leak phone records of ranking member Devin newness how the fact he dumped over eight thousand pages of documents and Republicans less than forty eight hours before a hearing that is the abuse of power an obstruction I prosecute the Democrats for obstruction how about the fact the judiciary Democrats voted down my request to subpoena the whistle blower how about the fact the chairman Nadler refused every single Republican request for a fact witness that is obstruction of Congress so again let me be clear today is nothing more than a political hit job thank you and your back gentleman yields better gentleman from New York many speaker once again I hear a lot of attacks on members of a demo and democratic members of Congress but not one single word of substantive defense of the president's conduct I now yield one minute to the distinguished gentleman from Virginia Mister Connelly Germans recognized for one minute madam speaker each of us here took an oath to protect and defend the constitution that state Gerald Connelly Democrat from Virginia not our political party today history will judge did we abide that oath to extort a foreign country to investigate your political opponent is an unconstitutional abuse of power to solicit for the difference in an American election is an unconstitutional because the bar the need to protect against just such abuses prompted our founders to grant the sole power of impeachment to this house the delicate balance of power under our democracy is threatened when a president disregards the constitution by obstructing Congress has power to cover up illegal behavior in doing that president trump violated his oath today we must put country of a party conscience over complicity today we must a shirt no one's above the law today where someone by history to do the right thing I yield back general from Georgia thank you madam speaker I really I I know this is probably not true but I think the speakers are not working on the majority side because I have talked about it many of our members of talk about the facts let's just go real quickly no pressure no conditionality no it nothing was ever deny them in there when I got through they actually got the money they never did anything for it we have talked about the facts that's a distraction that doesn't need to happen with that Mrs madam speaker I yield a minute and a half to the general from Ohio Mister Davis Germans recognized for minute half madam speaker I've heard numerous colleagues say they didn't run for Congress to impeach the president well maybe not originally voted for David send a Republican of Ohio after the fourth vote to launch an impeachment inquiry today's vote was inevitable many of them campaigned on it I love this country with the soldiers passion I came here to defend freedom not to deny due process to anyone I came here to solve problems and change the broken status quo not to distract or disrupt those like president Donald Trump who deliver on promises to put America back on the path of peace and prosperity that has made an kept our country free for months now Americans have heard speculation about the president's motives in Ukraine despite months of effort dozens of hearings and countless documents Americans have not seen proof that the president committed a high crime or misdemeanor we have a Republic if we can keep it this is disgraceful dishonest process it to discredit to this body into our nation I urge the house to drop these divisive articles of impeachment and get to work for the American people I yield one yes back gentleman from New York new speaker how much time would you tell me how much time sing the special coverage of the impeachment vote from NPR news York has two hours in two minutes Joe from Georgia has two hours and three minutes right now yield one minute to the gentlelady from New York ms Velasquez Chile's recognized for one minute but our speaker the facts are clear the president of the United States with help four hundred million dollars in military aid to one ally of the United States on also many of Alaska's democratic New York to compel a foreign nation to investigate his political opponents at the exact time the president was doing this Ukraine was engaged in a battle for its very existence with one of America's adversaries Russia the president abuse his power to persuade a foreign nation to dig up better on a political opponent and that's the truth this was quite simply a geopolitical shake down the press and then try to block Congress from exercising is constitutionally mandated duty to uncover the truth every single one of us to date faces is stark choice if we chose to turn a blind eye to put political expediency before the constitution then we are complicit in this so very soon optimal proceed if we do not hold this president accountable we have failed the people who sent us here John we have admired gated I work on oath to defend the constitution in that you're not actually no one is above the law should not even the right thank you madam speaker this time is my pleasure deal two minutes from the gentleman from Alabama Mister burn Germans recognized for two minutes this is KCRW madam speaker in three months we've gone from receiving on unsubstantiated hearsay and discredit to whistle blower complaint to the production of articles of impeachment against the president of Unisys special coverage of the impeachment hearings from and all your news this is Bradley Byrne from Alabama Goldstein from the beginning this is been a sham and this house has been nothing but a star chamber the Democrat majority literally locked themselves in the basement of this building hiding from the American people well my colleagues and I refuse to stand for Democrats move to public hearings but denied us questions denied us witnesses and denied the president any meaningful opportunity to defend himself with this complete abuse of process the democratic majority has produced the flimsy est and most legally unsound articles of impeachment in the history of this nation never before has a house reported an article of impeachment that does not allege an underlying crime yet this majority will do so today read the transcripts there was no quid pro quo no bribery no extortion no crime and no abuse of power and they don't even lead to crime in the articles of impeachment the president raised in Ukrainian corruption is not an impeachable offense if the dealings of hunter Biden were so above board you would think the majority would be just fine looking into this matter you yet they haven't moved my resolution asking for an investigation and our subpoenas for hunter behind have all been denied hundred fine don't get a pass because his dad was vice president I am proud to have fought against the shore right every step of the way and I will probably vote no today and I yield back German yields back German from New York ministry great now yield one minute to the gentlelady from Wisconsin is more gentle is recognized for one minute madam speaker the facts around contestable the evidence when more from Wisconsin it grossly mis use the office of president and obstructed Congress and justice requires this impeachment I feel compelled to respond to the false narrative that Democrats are using this process to overturn an election you know I agree elections are the appropriate venue for public policy disputes however we're not talking about a public policy dispute we're talking about a president who subverted national security by soliciting for interference in our elections and playing our founding fathers feared and the exact.

Judiciary Committee Colorado
"ms velasquez" Discussed on C-SPAN Radio

C-SPAN Radio

10:37 min | 2 years ago

"ms velasquez" Discussed on C-SPAN Radio

"For five minutes thank you Mr soccer Berg you Sandra and on page three of your testimony that Facebook will not be part of launching libra anywhere in the world until all the U. S. regulators approve so which US regulators are you talking about there are actually many financial Rick regulators on such as the fed the FDIC the OCC the SEC the the F. T. C. the CFPB Finsen FHFA and many many more and to be clear liberal would affect all of those regulators so which of those regulators you believe need to approve labor before you will support the launch and what kind of approval do you believe is necessary do you need to see written approval from each regulator well those approvals be public I congresswoman thanks for the that the question my understanding is is probably all of them for different things at different of these regulators focus on different areas whether it's financial stability or fighting crimes and fraud in terrorism different different areas of the work need to need to get done and are overseen by different regulators I I think the process sees with each of them might be a little bit different but we're committed to getting all of the appropriate U. S. approvals before launching believer payment system in any country in the world even where those approvals might not be strictly required just to be clear when you commit to waiting until you get approval from every US regulators at the prospects before you'll support launching liberal yes or no congresswoman all of the regulators that have jurisdiction over a part of what we're doing we've we are are working with them and will will seek approval from the bill of mine passed the house yesterday which would crack down on anonymous shell companies in the United States which has become a nightmare for law enforcement they are the perfect vehicle for laundering money for terrorism financing and criminal activity now with the creation of various digital currencies we face a new challenge with financial sections being anonymous that's why I am concerned that the use of anonymous Wallace would make labor attractive to those that are looking to launder money it's my understanding that lever wallet won't be anonymous but I haven't heard anything about competing our wallets so where you commit not to supporting any other anonymous wallets or libra I consider this a national security issue our congresswoman thank you for this question I think it builds on a question that the chair woman was asking before as well about our position on on crypto currencies overall well we we see a range of different cryptocurrency projects out there from completely decentralized in de regulated things to what we're trying to do is is trying to build a a safe and secure in a regulated alternative we think that the the digital payments space needs that of course is is a big company you we're not gonna do something that's a that's on regulator decentralize we're gonna work with the government ought to build something that gets to the same standard on anti money laundering and and see if he that it that that all of the the other world class payment systems have or exceed those standards sorry I forgot the actual question yeah cop an answering the chairman's question what well I don't think you have you can have strong anti money laundering controls and anonymous Wallace right so I see this is a new loophole for criminals looking to hide and launder money so what is your position on anonymous wallets were you commit that you want to have anonymous wallets that it be transparent otherwise will face the problems that we have for the L. L. C.'s where they are hiding trafficking money terrorism financing criminal activity of all kinds each problem for safety for Americans and it's a huge problem for law enforcement this is their number one concern was this bill we passed yesterday with bipartisan support but you're creating a whole new currency is that could potentially be anonymous and could hide all types of criminal activity which is a huge concern for the safety of Americans and national security yes congresswoman I will commit that Facebook will do what you are saying Abu our version of this our wall is going to have strong identity is is going to work with all the regulators to to make sure that we are at the the standard of of am Alan C. F. T. that people expect or exceed it I I can't sit here and speak for the whole independently versus Asian but you have my commitment from Facebook thank you very much now you're back the gentleman from Missouri the gentlewoman from Missouri ms Wagner is recognized for five minutes thank you madam chairwoman and thinking which is accurate for being here when lever was announced twenty eight companies joined as founding members by signing a non binding letter of intent to join the association but in recent weeks many of these founding members have dropped out of the association perhaps they're not so sure it's going to work either I pay pal visa master card stripe bookings holdings eBay and ricotta Pago law they've they've lost these you've lost the stable partners I would say and I find it highly concerning very briefly what what do you make of the sudden departures from the association and why do a number of these founding members have concerns that it that it was your up to the task of meeting our money laundering and regulatory standards congressman thanks for the the the question and this is a this project is too big for any one company to do on its own which is why we we set up this independent lever association with a number of other companies and non profits it's it's very it's a very complex project and and and as you say it's risky why are they departed not just look scores of of stable partners have dropped out why well congressman I think you you'd have to ask them specifically for things that drop down I I think because it's a it's a risky project in there's been a lot of scrutiny yes it's a risky project so let me move on to something that's near and dear to my heart Republican in Wagner is you may know I rode in past HR eighteen sixty five the fight online sex trafficking act widely known as foster system I am committed to rooting out online sex trafficking and believe that what is illegal offline should indeed be illegal online three weeks ago The New York Times ran a report titled the internet is over run with images of child sex abuse and I like this as in and for the record without objection sixteen point eight million sixteen point eight million as confirmed by the department of justice all of the eighteen point four million worldwide reports of child sexual abuse material are on Facebook sixteen point eight of the eighteen point four million these eighteen point one million reports from last year included a record forty five million photos and videos these are absolutely shocking numbers moreover it's estimated that seventy percent of Facebook valuable reporting to Nick back then national center on missing exploited children would be lost if Facebook implements its end to end encryption proposal misters after birth how much is this figure growing year after year and if if you an act end to end encryption what will become of the children who will be harmed as a result that they're not reporting congressman thanks how child exploitation is is is one of the most serious threats that we that we focus on his Facebook doing sixteen point eight of eighteen point four million congresswoman the reason those reports come from Facebook I don't know the reason why there's the vast majority come from Facebook is because I think we work harder than any other company to identify this behavior and what are you doing a shot down these accounts payable horrific illegal content exploits women children what are you doing got this down congresswoman we we build sophisticated systems to find this behavior sixteen point eight million and growing it was for images congressman I don't think Facebook is the only place on the internet where this behavior is happening I think the fact that the vast majority of those reports come from us reflects the fact that we actually do a better job than everyone else of finding it and and and acting on it and you're right that that in and tending cryptid world I'm one of the risks that I'm worried about among others to safety is that it will be harder to find some of this behavior thank you he said you want and and and Christian what's going to happen with these children they won't be reported that and you are responsible Facebook is responsible for sixteen point eight million of the eighteen point four conger that are out there your last year alone again I I believe they're probably a lot more than eighteen million out there and I think we're we're doing a good job of finding this but I I think you're right that in and what are you going to do to shut it down this is a cover we're working with law enforcement and building technical systems to identify the you're not working hard hard enough Sir and and and encryption is not going to help the reporting process I'm I'm over my time I had many more questions for you they'll submit for the record we're gonna talk about this and I yield back thank you the gentleman from New York ms Velasquez.

"ms velasquez" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

14:32 min | 2 years ago

"ms velasquez" Discussed on Bloomberg Radio New York

"Services and housing and live coverage on Bloomberg right out of the association perhaps they're not done so sure it's going to work either a PayPal visa MasterCard stripe bookings holdings eBay amor cada Pago law they've they've lost these you've lost the stable partners I would say and I find it highly concerning very briefly what what to make of the sudden departures from the association and why do a number of these founding members have concerns that it that it what you're up to the task of meeting our money laundering and regulatory standards congressman thanks for the the the question and this is the this project is too big for any one company to do on its own which is why we we set up this independent libris association with a number of other companies and non profits it's it's very it's a very complex project and and and as you say it's risky why are they departed not just vote scores of of stable partners have dropped out why well congressman I think you you'd have to ask them specifically for everything they dropped out of it I I think because it's a it's a risky project in that there's been a lot of scrutiny yes is a risky project so let me move on to something that's near and dear to my heart as you may know I rode in past HR eighteen sixty five the fight online sex trafficking act widely known as foster system I am committed to rooting out online sex trafficking and believe that what is illegal offline should indeed be illegal online three weeks ago The New York Times ran a report titled the internet is over run with images of child sex abuse and I like this have submitted for the record without objection sixteen point eight million sixteen point eight million as confirmed by the department of justice of the eighteen point four million worldwide reports of child sexual abuse material are on Facebook sixteen point eight of the eighteen point four million these eighteen point one million reports from last year including a record forty five million photos and videos these are absolutely shocking numbers moreover it's estimated that seventy percent of Facebook's valuable reporting to Nick Becton national center on missing exploited children would be lost if Facebook implements its end to end encryption proposal Mr soccer Berg how much is this figure growing year after year and if if you an act end to end encryption what will become of the children who will be harmed as a result that they're not reported congressman thanks how child exploitation is is it is one of the Serb most serious threats that we that we focus on his Facebook doing sixteen point eight of eighteen point four million congresswoman the reason those reports come from Facebook I don't know the reason why there's the vast majority come from Facebook is because I think we work harder than any other company to identify this behavior and what are you doing a shot down these accounts payable horrific illegal content exploits women children what are you doing this is like a bird to shut this down congresswoman we we build sophisticated systems to find this behavior sixteen point eight million and growing one four images all congressman I don't think Facebook is the only place on the internet where this figure is happening I think the fact that the vast majority of those reports come from us reflects the fact that we actually do a better job than everyone else of finding it and and and acting on it and and you're right that that in in intending cryptid world I'm one of the risks that I'm worried about among others to safety is that it will be harder to find some of this behavior thank you he said you want and end in Christian what's going to happen with these children they will be reported that and you are responsible Facebook is responsible for sixteen point eight million of the eighteen point four conger that are out there your last year alone again I I believe they're probably a lot more than eighteen million out there and I think we're we're doing a good job of finding this but I I think you're right that in and what are you going to do to shut it down this is a cover we're working with law enforcement and building technical systems to identify the you're not working hard hard enough Sir and and and encryption is not going to help the reporting process I'm over my time I have many more questions for you they'll submit for the record we're gonna talk about this and I yield back thank you the gentleman from New York ms Velasquez is recognized for five minutes thank you madam chair Democrat Nydia Velasquez time Facebook CEO mark Zuckerberg before the house financial services committee on his cryptocurrency plans for Facebook live coverage on Bloomberg radio customer consent however Facebook has had a history of programs safeguarding users data in July Facebook was forced to pay a five billion dollar fine to the FTC by far the largest penalty ever imposed a company for violating consumers privacy rights as part of a settlement related to the twenty eighteen come rich analytical scandal so let me start off by asking you a very simple question why should we believe what you and Calabria are saying about protecting customer privacy financial data well congresswoman I think this is a very important question for us on all of the services that we build we certainly have work to do to to build trust I think that the settlement in order that we entered into with the FTC will help us set a new standard for industry in terms of the rigor for the privacy program that we're building we're now basically building out a privacy program for people's data that is that is parallel to what the Sarbanes Oxley requirements would be for a public company on people's financial data I in terms of audits internally any manager who's who's overseeing a team that that that handles people's data has to certify quarterly that that they're meeting their commitments not goes all the way up to me and all of to certify that on on on thank you for your answer it has been publicly reported that when you acquire what's up Facebook officials coach the company's founder to tell European Union regulators that he will be and I quote really difficult to merit or blend data between Facebook on what's left and that there was no desire to integrate the two systems is the stock number eighteen months later the platform swirling the European Union find Facebook for providing incorrect or misleading information so let me ask you do you understand why distract court make sauce concern with Facebook entering the crypto currencies space do you realize that you on Facebook have a credibility issue here congresswoman I I understand that we have work to to build trust on this and that means making commitments and it even if if we learn new things in the future that that could change her mind on how we should operate that I think we're gonna need to make sure that the commitments that we do you think you learned that you should not live congresswoman I would I would disagree with the characterizations one say you went to the European regulators and you said that he will not link it will not that that that it will be impossible and yet eighteen months later it happened and you were fine for that congressman so let us continue I hope that you learn something about them about not line up Facebook internal model was for a long time move fast and break things with this October we do not want to break the international monetary system last week the G. seven released a report stating that global stable coins could have significant adverse effects both domestically and internationally on the transmission of monetary policy as well as financial stability given the G. seventh concerns and the concerns voiced by office here today would you commit to a moratorium on launching libra alter Congress can develop not the regulators you said before that you will not move until all the regulators sign in to and and and support for you to move forward here Congress the people's house needs to have the opportunity to work on a legal frame work so that we can provide the guidance to the regulators would you commit to that yes or no a congressman or congresswoman my understanding is that Congress exercises significant oversight over the regulators through these committees so that would seem to me like the appropriate way for that to happen so that he said no thank you the gentleman from Oklahoma Mister Lucas is recognized for five minutes thank you madam chairman struck a burger the problem of addressing under bank this is Oklahoma Frank if you look at the house financial services committee questioning Facebook mark Zuckerberg project is intended to reach this population however a significant portion of the under bank simply do not trust banks I suspect they may not trust captains of industry or members of Congress either for that matter do you see this as being a major hurdle in the lighted optional Lieber congressman I persuade those people that you're trustworthy and the use the system congressman we certainly had a lot of issues over the last few years but I think it's worth remembering that every day billions of people come to our services because they trust that they can share content messages photos comments with the people they care about and more than a hundred billion times a day people do that they they share something with a set of people because they know that that content is just gonna reach the people that they wanted to so I I think that if we're able to move forward with this project there may be some people who don't want to use it because they they they don't trust us or or don't like us and that's one of the values of of having an independent association where they'll be other competitor wallets another approach is to but I think that this is an area where being able to put ideas out into the world and letting the market work in you know letting people choose for themselves what they trust and what services they want to use is probably the right approach I just suggest that it will take a lot of energy and effort to reach that group the under bank the unbanked and it's real and it's growing or substantially let's shift focus for just a moment I also serve along with congressman Posey on the science space and technology committee and those of us who worked on the committee know as all of us do that the digital images can be altered to make it nearly impossible to distinguish between what is real and what is not Facebook recently launched the deep fake detection challenging collaboration of Microsoft and others to address this problem now this seems like a step in the right direction on behalf of the technology companies involved from your perspective how great is that a threat is the deceptive use of the fake technology in what ways do you anticipate that the detection challenge will be successful thank you congressman I I I think deep fakes are clearly one of the emerging threats that we need to get in front of and and and develop policy around to address we're currently working on what the policy should be to to to differentiate between media that has been if you hadn't been manipulated by a I tools like deep fakes with the intent to to to mislead people and compare that to just normal content that might have been in an interview the modest and cut differently and and some might not like the way that it's cut but but but is it is it is not a deep faith in is not not kind of misleading manipulated content in that way so we're we're working on that policy I think this is is a very important area the defect challenge to technically figure out how to identify these things will will certainly help inform the policy and this is one here is that I I do think it's quite important going forward one final question many experts have suggested that we need to educate the public on how to consume trusted information Facebook recently announced an initiative support projects on media literacy could you elaborate on these projects use the S. book role given your him critical of position within the industry yes congressman this question may be premature to to ask although later in this week reaction of a big announcement coming up on on launching a big initiative around around news in journalism of where where partnering with a lot of folks to to to build a new product that supporting high quality journalism you know if if.