As Zuckerberg hearing opens, Rep. Waters lays into Facebook

Axios Technology 0 month ago

The agenda for Facebook CEO Mark Zuckerberg's return to Capitol Hill Wednesday before the House Financial Services committee is largely devoted to Facebook's cryptocurrency project, Libra.

Yes, but: Rep. Maxine Waters, the committee's chair, lit into Facebook in her opening statement, making clear that the hearing would be about all the other charges lawmakers have leveled against the social network, too — including monopolistic behavior, discrimination, privacy, election security, and whether the government should break Facebook up.

What they're saying: Waters charged Facebook with conducting "a massive voter suppression effort that will move at the speed of a click."

"Your claim to promote freedom of speech does not ring true, Mr. Zuckerberg. Perhaps you believe that you are above the law."

Editor's note: This story is unfolding now and will be updated.


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