Zuckerberg Faces Tough Questions On Libra's Diversity

Mark Zuckerberg discusses Facebook's Libra cryptocurrency, addressing concerns about diversity among its backers and the challenges faced by the project. He struggles to answer questions about ownership and diversity, highlighting the lack of information on the representation of women and minorities. The Libra project has seen several initial members, including major payment processors, drop out due to regulatory pressures. Lawmakers express their desire for Facebook to adopt more civic-minded policies, especially in supporting underbanked communities, and challenge Zuckerberg on Facebook's financial commitments to minority institutions.

What concerns did Mark Zuckerberg address regarding the diversity of Libra's initial backers?

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How did Zuckerberg respond to questions about the ownership stake in Libra?

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What has been the reaction of lawmakers to Facebook's handling of the Libra project?

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What did Zuckerberg imply about Facebook's financial investments in minority development institutions?

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What actions did Zuckerberg suggest could be taken to support underbanked communities?

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