*By Carlo Versano*
Google is "missing an opportunity" by not sending a top official to Capitol Hill next week to testify on election interference and censorship, Sen. Mark Warner (D-Va.) told Cheddar's J.D. Durkin on Wednesday.
Facebook and Twitter are both sending C-Suite executives ー COO Sheryl Sandberg and CEO Jack Dorsey, respectively ー to testify in front of both chambers on Sept. 5.
So far, Google has said it will only dispatch its general counsel, Kent Walker.
"We need policy makers, not simply their lawyers," Warner said.
The heads of the top social and web platforms will head to the Hill to answer questions about how they are combating misinformation campaigns from state actors like Russia and Iran ahead of the midterm elections. Additionally, they are expected to face pointed questions about censorship ー a topic that President Trump has been pushing, most recently on Wednesday afternoon when he told reporters, "I think they treat Republicans and conservatives very unfairly" and such handling "may not be legal."
That echoes the sentiment of several Trump tweets Tuesday which suggested that Google News technology suppressed conservative views. Economic adviser Larry Kudlow said the White House would look into the matter, but many questioned Trump's statements on their face.
"The president doesn't really understand how search algorithms work," Warner said, noting that content is ranked in searches as a result of computer calculations, not human action.
The last time officials from Facebook, Twitter, and Google testified together ー last November on the topic of Russian hacking ー the reaction from lawmakers was largely negative. Since then, each company has shown a more proactive approach to the policing of their platforms.
Warner said he hopes next week's hearings will be forward-looking. "We want to look at solution sets" for these complex problems, he said.
These are the headlines you Need 2 Know for Thursday Jan. 31, 2019.
Markets surged on Wednesday after the Federal Reserve announced it would leave interest rates unchanged. In a statement that was released following the conclusion of the Fed's quarterly, two-day meeting, the central bank said it would maintain the target range for the federal funds rate at 2.25 to 2.5 percent.
These are the headlines you Need 2 Know for Wednesday, Jan. 30, 2019.
Young Americans face a double burden from crushing student debt and the ballooned federal deficit that is the result of President Trump's tax cut, House Speaker Nancy Pelosi told Cheddar's J.D. Durkin in an interview that aired Wednesday. Pelosi called the economic position many millennials find themselves in, even as the economy remains strong, "unconscionable." "Republicans foisted onto future generations [an] economy that is unfair, that is not really lending itself to growth in a strong, predictable, confident, certain way," Pelosi said.
The newly appointed vice chairman of the House Foreign Affairs Committee, Rep. Joaquin Castro (D-Tex.), said he is "absolutely" concerned that Chinese telecommunication giant Huawei poses a threat to national security in an interview on Cheddar Tuesday.
Democratic Rep. Earl Blumenauer of Oregon is pushing forward for marijuana reform, introducing the aptly named House Resolution 420 to regulate marijuana much like alcohol was regulated post-Prohibition. "Ultimately we're going to be moving in that direction, allowing the states to be able to set up a regulatory system that meets their needs ー have their own approach in terms of taxation and distribution, just like alcohol," Blumenauer told Cheddar Tuesday. "
The cannabis business is budding across the United States, and one company is hoping to take hemp mainstream. Socati just announced a new $33 million round of funding. The company's CEO Josh Epstein talked to Cheddar about how that investment will help Socati expand is business.
President Trump's "Make America Great Again" cap is more than just a hat, it's a "symbol of us vs. them," Washington Post fashion editor Robin Givhan told Cheddar. Givhan penned a column last week about what the hat has come to mean in the years since it burst on the scene as a campaign accessory for Trump's 2016 presidential bid. The hat, she wrote, has become "a symbol of us vs. them, of exclusion and suspicion, of garrulous narcissism, of white male privilege, of violence and hate."
Between changes in the tax code and the government shutdown, H&R Block knows this year's tax season is likely to be stressful for many. That's why the company's introducing a slate of tools, some artificial intelligence-enabled, to help make it easier and more transparent to file. "This year we are introducing upfront, transparent pricing, so every single consumer will know what's it going to cost before I start," H&R Block CEO Jeff Jones told Cheddar.
These are the headlines you Need 2 Know for Tuesday, Jan. 29, 2019.
