Zuckerberg in Congress | An Overview
Facebook CEO Mark Zuckerberg met the Congress with the goal of convincing them that the company’s campaign into the cryptocurrency sphere is a good idea, but he was vehemently met with Facebook’s past failures and the Cambridge Analytica Scandal. Facebook has to regain trust before moving forward with the Libra project. Chairwoman Maxine Waters laid out her grievances with Facebook and expressed skepticism over the social media giant’s crypto project. Waters suggested that Facebook’s recent decision not to fact-check political ads has failed an issue of national importance. According to the debate in Congress, Facebook’s Calibra association based in Switzerland…