Mark Zuckerberg to speak with Congress about Facebook’s Libra cryptocurrency on Oct. 23

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A hearing in Congress will discuss Facebook’s prepared cryptocurrency. 

Angela Lang/CNET

Facebook creator and CEO Mark Zuckerberg is headed back to Washington DC.

Zuckerberg will affirm prior to the United States House Committee on Financial Services on Oct. 23, according to a post on the committee’s site. The hearing will be called “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” and will handle Facebook’s prepared cryptocurrency, Libra.

In April 2018, Zuckerberg affirmed prior to committees in both the House and the Senate for an overall of 10 hours over 2 days. He addressed concerns about Facebook’s handling of user information, its personal privacy practices and the fundamentals of how the social media runs.

“Mark looks forward to testifying before the House Financial Services Committee and responding to lawmakers’ questions,” a Facebook representative stated in a declaration. 

Originally released Oct. 9, 9: 33 a.m. PT.
Update, 10: 23 a.m.: Adds Facebook remark.


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