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October 9, 2019 03:54 pm PDT

Mark Zuckerberg to testify before House Financial Services Committee on Facebook's 'Libra' cryptocurrency

The House Financial Services Committee has asked Facebook CEO Mark Zuckerberg to testify on Facebook's planned Libra cryptocurrency, and he will do so on October 23.

Mark looks forward to testifying before the House Financial Services Committee and responding to lawmakers questions, a Facebook spokesperson told CNBC:

Facebook CEO Mark Zuckerberg will testify before the House Financial Services Committee on Oct. 23 at 10 a.m. Eastern Time, the committee announced Wednesday.

Zuckerberg will be the only witness at a hearing entitled An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors. House members had been pushing for Zuckerberg to testify on Facebooks cryptocurrency plans as the committee had been in talks with his second-in-command about testifying, CNBC reported last week.

Mark Zuckerberg to testify before Congress on Facebooks libra cryptocurrency

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