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The Fox News Rundown

Why Facebook Faces An Uncertain Future

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.41.7K Ratings

🗓️ 6 October 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

Following her unmasking, Facebook whistleblower Frances Haugen testified Tuesday before a Senate committee. She told lawmakers that Facebook constantly put its profit over its users' safety and health, through the design of its algorithm to produce high engagement on the platform. Howard Kurtz, host of "MediaBUZZ" on the FOX News Channel and the Media BUZZMeter podcast, weighs in on the big takeaways from this week's testimony and if this hearing is the one that will unite both Republicans and Democrats to finally regulate the social media site. The U.S. will default if the debt limit is not raised or suspended before October 18, the day Treasury Secretary Yellen has warned the country will run out of cash. Republicans have already blocked efforts to raise the debt ceiling, arguing Democrats must use budget reconciliation to raise the ceiling alone. President Biden met virtually with Democrats on Monday in an attempt to ease internal fighting and negotiate a compromise on a spending plan with a smaller price tag. Chief Economist at Moody's Analytics, Mark Zandi joins to explain what the debt ceiling actually means for the country and our history of raising the debt ceiling. Later, he explains the likelihood of Democrats tackling this issue alone, the repercussions for minting a trillion-dollar coin and the expectation of a compromise from the Democratic Party. Plus, commentary by FOX Nation host Tomi Lahren. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi all how we doing afternoon afternoon let's get this meeting meeting meeting

0:06.0

started

0:07.0

when everyone's home erepte work mode

0:12.0

when everyone's home ee work mode prioritizes your broadband for working from home, with faster speeds in more places than anyone else.

0:18.0

So, yeah, yeah, I've got you loud and clear, clear is about.

0:21.0

This is broadband made for working from home.

0:24.0

Search EE broadband powered by BT.

0:26.7

Work mode with EE smart hub plus to verify the EE.

0:28.9

C EE dot credit eK slash claims.

0:30.1

I'm Brett Bear. I'm Maria Bartiromo. I'm Brian Kilmeade and this is the Fox News

0:35.0

rundown. Wednesday, October 6th, 2021 and Lisa Brady, a former employee blows the whistle on Facebook and calls

0:46.7

on Congress to take action.

0:48.5

This is not just some insider who could be painted as a disgruntled ex- if she didn't like the company.

0:54.0

She produced the documents that time and time and time again are backing up her criticisms of Facebook.

1:00.0

I'm Dave Anthony. The U.S. is close to reaching our debt limit, perhaps in two weeks.

1:07.0

Then what?

1:08.0

On that day, the government has to make sure that it only spends what it takes in tax revenue and that means because we

1:14.6

are running a budget deficit, someone's not going to get paid.

1:18.7

And I'm Tommy Laren, I've got the final word on the Fox News rundown. Feeling the heat on Capitol Hill has become a familiar scene for big tech executives.

1:31.0

But a Senate hearing on Tuesday was a lot more specific,

1:34.7

digging into internal Facebook documents with testimony from the whistleblower

1:39.2

who leaked them.

...

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