Rep. Khanna: Facebook is developing Libra abroad due to US' lack of regulatory clarity

Rep. Ro Khanna (D-CA) discusses regulating big technology companies, like Facebook's Libra project, with CNBC's "Closing Bell" team.

[davidjacobson]

Academic science, national laboratories, and defense industry. How much is the American government spending on research and development motivated by the attraction of more effective weapons? No doubt the real national security threat from Huawei is the potential use of 5G technology in weapons. The focus of concern about that threat should be on the the poor results the United States is getting from its huge defense spending.

[thinkabout]

" congress can come up with sensible " yup