Democratic Sen. Sherrod Brown said it's “delusional” to trust Facebook with people's money during a Senate Banking Committee hearing on Facebook's Libra cryptocurrency
New York Two years ago, Facebook changed its mission statement to focus on"bringing the world closer together." On Tuesday, it appeared to accomplish that lofty goal for the political world, at least, as Republican and Democrat lawmakers united in bipartisan distrust of the social media giant.
"Facebook is dangerous," Ohio Sen. Sherrod Brown, a Democrat and ranking member on the Senate Banking Committee, said in prepared remarks to kick off a hearing on Facebook's proposal for a new digital currency, called Libra."Like a toddler who has gotten his hands on a book of matches, Facebook has burned down the house over and over, and called every arson a learning experience."Sen.
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