emily: that was representative brad sherman of california's 30th district, who joins us from washingtonank you so much. certainly a very provocative statement we heard you make. what exactly did you mean? rep. sherman: let me clarify. a zuckerberg is not as evil as osama bin laden, because the harm that zuckerberg will do is an unintended product of his effort to make hundreds of billions of dollars more. but the fact is, in creating a tool for drug dealers, that is going to result in debts on the streets of america every day. by creating a tool for tax evaders, that is going to mean that the federal government can't fund cancer research or can't fund the defense of the united states to the degree that we would like to. and by providing a method for sanctions evaders who are going to make it much more difficult for the federal government to prevent iran and north korea from developing nuclear weapons. zuckerberg doesn't intend any of those objectives. he is just intentionally disinterested in whether that occurs. the fact is that the power of the dollar, our ability to control our banki

we will talk to california democrat brad sherman after

the bizarre moment is when congressmencongressman brad sherman of california decided not to have a singleeston and -- question and instead claimed that libra could be more dangerous than 9/11. >> we are told innovation is good. the most innovative thing that happened this century was when osama bin laden came up with the innovative idea of flying to airplanes in the towers. that is the most consequential innovation, although this may do more to endanger america of an -- then even that. emily: sherman also kept referring to libra as "zuck's bucks." let's get to it. our own kurt wagoner. david, i have to get your response to that remark. >> i was laughing. i don't know what he is talking about. i don't think you could say that 9/11 was the greatest innovation in the last century. it is ridiculous. and how libra could pose a threat comparable to 9/11 makes no sense. the problem is that facebook is in a position right now where it has done so many things wrong, when it is now proposing something that is not particularly right or wrong, it is just an interesting that they are going to try and

very fiery rhetoric, most notably coming from brad sherman , a democrat from california who potentially poses more harm to people than 9/11." the questions that have emerged on the policy front are too many to count. would facebook play in banning users able to use the facebook libra? if it is not technically associated with facebook, how would they be able to use under the financial -- other financial institutions to work around bad financing. then you have the issue of whether or not this is an investment versus stability. david marcus testifying this is designed as stability so folks will not use it as an investment. question surrounding this. this was a fiery hearing. temperatures -- tempers were much higher than yesterday in the senate. a lot of questions remain for facebook that are unanswered. david: i want to go back to congressman sherman. he said i think the power of the u.s. dollar is more important for the security of the nation than the military. at one point he said i do not care how me lawyers you have lined up charging $2000 an hour, it will not protect us from the next

brad sherman of california said it is frustrating mark zuckerberg is not here answered questions, callingurrency bucks," and said drug dealers will use it, and it will do more harm than good. rep. sherman: the most that happenedng this century was when osama bin laden came up with the innovative idea of flying to airplanes in the towers. that is the most consequential innovation, although this may do more to endanger america of an event that. caroline: i am not sure what question came out of that, but rr,ning us now is guy he executive member of the blockchain association energy group that joins us from washington. he will brief lawmakers on libra. guy, did that particular lawmaker have any particular validity to what he was stating? do you think this libra currency will enable drug deals and the like? guy: i think it was a media grabbing type of statement, and he got what he wanted, but the fact of the matter is that the crimes currently running on cf currency is $2 trillion of prime transaction or happening using seo currency, dollar, euros, yen, so that i think the problems is the whit

a moratorium on libra, or at least start with a pilot program facebook said no, so congressman brad sherman says he's taking it to the top. >> zuckerberg can't print money, yet. and problem number two, zuckerberg is under attack, because he invades the privacy of ordinary americans and sells it to the highest bidders. we need zuckerberg here. >> reporter: guys, chairwoman of the committee maxine waters said today was just the first step. >>> for more on the growing calls to regulate big tech let's bring in representative rho khanna amazon not in your direct, but i'm curious to get your thoughts on the eu taking seemingly a more aggressive stance on much of our large technology companies than we as yes have, and specific to amazon and the latest -- that may be having to deal with in the eu. >> there's no doubt we need stronger antitrust enforcement we shouldn't allow amazon to privilege its own product on its plate form we should maybe issue it's not using sellers' data, but the eu is not a model for america to copy it's been a disaster when it comes to tech innovation they don't have the bi