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 David Marcus and what role does he play in relation to Facebook's digital currency?

What concerns were raised regarding the regulation of digital currencies during the discussion?

What was the significance of the White House's skepticism towards digital currencies?

What did the chairwoman say about the importance of understanding digital currencies before deciding on regulation?

What steps did the committee plan to take in investigating digital currencies?

What was the response of the chairwoman regarding the use of Libra?

How did the chairwoman express her feelings about the American dollar in comparison to Libra?