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Live: Congress vs. Facebook's Libra, Where is Zuckerberg?

Sofia Cabrera

Summary: Congressman Sherman opens with the statement, “Madame chair we need to get Mark Zuckerberg here, this is the biggest or tries to be the biggest thing the committee will deal with this decade.” While one of Zuckerberg’s employee is representing Facebook, the Congressman stresses the importance of Zuckerberg presence during these hearings. “We need Zuckerberg ...

Congressman Sherman opens with the statement, “Madame chair we need to get Mark Zuckerberg here, this is the biggest or tries to be the biggest thing the committee will deal with this decade.” While one of Zuckerberg’s employee is representing Facebook, the Congressman stresses the importance of Zuckerberg presence during these hearings. “We need Zuckerberg here to tell him he probably has the power to push this through. He will through around tons of hundreds of millions of dollars in Washington, his supporter will get huge Zuckbucks in US dollars. One hundred lawyers will tell him what he is doing is legal and he is safe. But someone with an understanding of the politics of this country needs to explain to Mr. Zuckerberg that if cryptocurrency is used to finance the next horrific terrorist attack against Americans, one hundred lawyers standing in a row charging two thousand dollars an hour, are not going to protect his rear end from the wrath of the American people. This is an attempt to transfer enormous power from America to Facebook and a number of its allies. We need Zuckerberg here.”


Author: Sofia Cabrera

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