Bloomberg Law
Oct. 23, 2019, 10:53 PM

Zuckerberg Gets Thrown a Long List of Grievances by Congress

Kurt  Wagner
Kurt Wagner
Bloomberg News
Sarah Frier
Sarah Frier
Bloomberg News

Mark Zuckerberg was ready for a Congressional interrogation on Facebook Inc.’s cryptocurrency project. On the stand for more than six hours Wednesday, he got a lashing on every other controversy facing the social media giant, too.

The 35-year-old chief executive officer arrived on Capitol Hill prepared to defend the company’s plans for Libra, describing the advantages of a global digital coin that would help open up financial systems to the poor and underbanked around the world. From the start of his testimony to the House Financial Services Committee, however, lawmakers made it clear that beyond the questions they had ...