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.

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