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After 6 Hours of Zuckerberg Testimony, Congress Still Hates Libra

Published 10/24/2019, 03:59 PM
Updated 10/24/2019, 04:21 PM
© Reuters.  After 6 Hours of Zuckerberg Testimony, Congress Still Hates Libra
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Yesterday, Oct. 23, Cointelegraph reported from the United States House of Representatives as the Financial Services Committee questioned Facebook (NASDAQ:FB) CEO Mark Zuckerberg for over six hours. While focused on the Libra Association and its planned Libra token, the hearing expanded to touch on a wide range of concerns and controversies surrounding Facebook.

The hearing was often contentious, with several members of Congress using their allotted five minutes of questioning to rail against Zuckerberg rather than ask him a single question. As Congressman Warren Davidson wryly commented to Cointelegraph, “I don’t think day-to-day at his company he gets treated that way very often. There are people who have frankly been pretty rude.”

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