Zuckerberg was also asked about fact-checking and content moderation policies used by the social media company during his time with the House Committee on Financial Services. Rep. Warren Davidson had a number of questions, among other things, regarding the planned Libra cryptocurrency’s possible classification as a security, and chairwoman Maxine Waters used her opening statement to lambaste Facebook for failing to address its other “deficiencies” before moving forward with its Libra plan.
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Zuckerberg Testimony Leaves Congress Wondering Libra Motives
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