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Watch Today's Facebook Libra Hearing at the House Financial Services Committee
Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project.
Today the U.S. House Financial Services Committee will grill Facebook executive David Marcus on the social media giant's proposed Libra cryptocurrency.
The lawmakers will also interview a panel of expert witnesses, including former CFTC chairman Gary Gensler and bitcoin doyenne Meltem Demirors.
STORY CONTINUES BELOW
The session kicks off at 14:00 UTC (10 a.m. EST). Watch it here:
Also, read our coverage of yesterday's Senate Banking Committee hearing, where mentions of bitcoin were noticeably scarce and Marcus said he'd be willing to be paid 100 percent in Libra.
Join CoinDesk in Washington, D.C., tonight for an evening of instant analysis and reaction as cryptocurrencies and Libra have their day on the Hill. Sign up here.
Image via Shutterstock
Marc Hochstein
As Deputy Editor-in-Chief for Features, Opinion, Ethics and Standards, Marc oversees CoinDesk's long-form content, sets editorial policies and acts as the ombudsman for our industry-leading newsroom. He is also spearheading our nascent coverage of prediction markets and helps compile The Node, our daily email newsletter rounding up the biggest stories in crypto. From November 2022 to June 2024 Marc was the Executive Editor of Consensus, CoinDesk's flagship annual event. He joined CoinDesk in 2017 as a managing editor and has steadily added responsibilities over the years. Marc is a veteran journalist with more than 25 years' experience, including 17 years at the trade publication American Banker, the last three as editor-in-chief, where he was responsible for some of the earliest mainstream news coverage of cryptocurrency and blockchain technology. DISCLOSURE: Marc holds BTC above CoinDesk's disclosure threshold of $1,000; marginal amounts of ETH, SOL, XMR, ZEC, MATIC and EGIRL; an Urbit planet (~fodrex-malmev); two ENS domain names (MarcHochstein.eth and MarcusHNYC.eth); and NFTs from the Oekaki (pictured), Lil Skribblers, SSRWives, and Gwar collections.
