Maxine Waters Voices Concerns Over Facebook’s Proposed Cryptocurrency

The transcript covers a discussion on Facebook's digital currency, Libra, and the concerns surrounding its regulation and potential competition with the American dollar. It highlights the skepticism from authorities, the need for further investigation, and the political context involving calls for impeachment of the President.

Who is overseeing Facebook's digital currency platform?

• David Marcus

• Steven Mnuchin

• Mark Zuckerberg

• Alexandria Ocasio-Cortez

What is the main concern of the White House regarding digital currencies?

• Their use in illegal activities

• Their impact on global trade

• The lack of a clear regulatory body

• Their potential to replace the American dollar

What is the committee's next step in understanding digital currencies?

• Launching a public awareness campaign

• Partnering with international regulators

• Conducting more hearings and consulting experts

• Implementing a moratorium

Why is the committee calling for Mark Zuckerberg to testify?

• To talk about Facebook's market strategies

• To address privacy concerns

• To explain the global impact of Libra

• To discuss Facebook's advertising policies

What is the chairwoman's stance on using Libra?

• She plans to invest in it

• She fully supports it

• She is undecided

• She prefers the American dollar

What political issue is mentioned in relation to the President?

• Tax policies

• Healthcare reform

• Impeachment

• Environmental regulations

What is the chairwoman's concern about digital currencies like Libra?

• Their role in international trade

• Their influence on social media

• Their potential to compete with the American dollar

• Their environmental impact