Facebook COO Sandberg in Talks to Testify On Libra Before The House

Facebook’s chief operating officer Sheryl Sandberg is in talks with the House Financial Services Committee to testify on Libra, Facebook’s stablecoin.

Discussions on market power and Libra

According to a Bloomberg article from Sept. 26, Facebook is currently trying to get its chief operating officer Sandberg in front of the House Financial Services Committee, perhaps as soon as next month.

Sandberg is expected to testify on the social media giant’s global market power and its plans to launch its stablecoin Libra in 2020, a source familiar with the talks told Bloomberg.

Sanberg’s previously testified in front of the Senate Intelligence Committee concerning data privacy, security and the U.S. presidential election-related misinformation campaigns on Facebook’s platform in 2016. Read More...

#Facebook #Libra #US

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