Facebook Digital Currency

The House Financial Services Committee held a hearing on Facebook’s plans for a new digital currency called “Libra.” David Marcus, the co-creator… read more

The House Financial Services Committee held a hearing on Facebook’s plans for a new digital currency called “Libra.” David Marcus, the co-creator of Libra who heads the social media and networking service’s Crytocurrency Group, testified in the first panel. Lawmakers questioned him about the proposed currency and its potential effect on the U.S. financial system and economy. Mr. Marcus, who appeared before the Senate Banking Committee earlier in the week, again stressed that Facebook is committed to addressing lawmakers' and regulators' concerns before launching the product.

Gary Gensler, former chair of the Commodity Futures Trade Commission (CFTC), and other financial experts testified in the second panel. close

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Facebook Digital Currency

3,566 Views
Program ID:
462708-4
Category:
House Committee
Format:
House Committee
Location:
2128, Rayburn House Office Building, Washington, District of Columbia, United States
First Aired:
Jul 17, 2019 | 10:13am EDT | C-SPAN.org
Last Aired:
Jul 22, 2019 | 10:02am EDT | C-SPAN 1

Airing Details

  • Jul 17, 2019 | 10:15am EDT | C-SPAN RADIO
  • Jul 17, 2019 | 6:01pm EDT | C-SPAN 3
  • Jul 17, 2019 | 8:03pm EDT | C-SPAN 3
  • Jul 17, 2019 | 10:49pm EDT | C-SPAN RADIO
  • Jul 18, 2019 | 12:00am EDT | C-SPAN RADIO
  • Jul 18, 2019 | 2:00am EDT | C-SPAN 3
  • Jul 18, 2019 | 7:55am EDT | C-SPAN 3
  • Jul 19, 2019 | 1:49pm EDT | C-SPAN 2
  • Jul 22, 2019 | 10:02am EDT | C-SPAN 1
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