• U.S. Senator Sherrod Brown (D-OH). Caricature by DonkeyHotey (Flickr.com/photos/DonkeyHotey)
    Libra,  United States

    Sen. Sherrod Brown leads attack on Facebook’s David Marcus during Libra hearing

    The Ohio Democrat led a senatorial gang-up on the social media executive during his testimony before the Senate Banking Committee

    Facebook is in for a rough ride with its Libra cryptocurrency project. If that wasn’t clear from the president’s anti-cryptocurrency Tweets last week and Treasury Secretary’s comments on Monday that they are “a national security issue,” it was very obvious after the Facebook executive spearheading its Libra payment system was treated like a bipartisan punching bag in a hearing before the U.S. Senate Banking Committee on July 16.