Facebook CEO to Testify at House Panel About Libra
09 Ottobre 2019 - 6:52PM
Dow Jones News
By Bowdeya Tweh
Facebook Inc. Chief Executive Mark Zuckerberg is slated to
return to Capitol Hill later this month to testify before a House
panel about the company's foray into cryptocurrency, just weeks
after facing a chilly reception from lawmakers about his vision for
internet regulation.
The House Financial Services Committee said Wednesday that Mr.
Zuckerberg will be the sole witness at an Oct. 23 hearing that
examines Facebook's impact on the financial services and housing
sectors.
The committee's chairwoman, Rep. Maxine Waters (D, Calif.), and
other Democrats have called on Facebook to abandon plans to
implement the digital coin, known as Libra, and the digital wallet,
Calibra.
Facebook executive David Marcus faced wide criticism in July
during a Senate Banking Committee hearing about Libra and the
potential privacy concerns the operation of the cryptocurrency
could raise.
"Mark looks forward to testifying before the House Financial
Services Committee and responding to lawmakers' questions," a
Facebook spokesman said Wednesday in a statement.
Write to Bowdeya Tweh at Bowdeya.Tweh@wsj.com
(END) Dow Jones Newswires
October 09, 2019 12:37 ET (16:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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