Zuckerberg offers an olive branch on Libra

Nancy Marshall-Genzer Oct 23, 2019
HTML EMBED:
COPY
Facebook CEO Mark Zuckerberg testifies during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook in Washington, DC, in 2018. Saul Loeb/AFP/Getty Images

Zuckerberg offers an olive branch on Libra

Nancy Marshall-Genzer Oct 23, 2019
Facebook CEO Mark Zuckerberg testifies during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook in Washington, DC, in 2018. Saul Loeb/AFP/Getty Images
HTML EMBED:
COPY

Facebook CEO Mark Zuckerberg will testify on Capitol Hill Wednesday about the launch of the company’s digital currency, Libra. It was supposed to debut next June, but Zuckerberg will promise Libra won’t go public until it has approval from U.S. regulators. Experts say those regulators are unlikely to grant that approval without more tangible changes to Facebook’s plans.

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.