U.S. House panel wants Facebook's Zuckerberg to testify on Libra by January

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U.S. House panel wants Facebook's Zuckerberg to testify on Libra by January
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Facebook Inc Chief Operating Officer Sheryl Sandberg has tentatively agreed to t...

FILE PHOTO: Facebook Chief Executive Mark Zuckerberg enters the office of U.S. Senator Josh Hawley while meeting with lawmakers to discuss"future internet regulation on Capitol Hill in Washington, U.S., September 19, 2019. REUTERS/Joshua Roberts/File Photo

The House of Representatives Financial Services Committee, which is seeking the testimony from Facebook executives, did not immediately respond to a request for comment. The panel’s plans were first reported by The Information technology news website. Policymakers and financial watchdogs at home and abroad are concerned about the effect of widespread adoption of Libra by the social media company’s 2.38 billion users on the global financial system.

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