House members push for Zuckerberg to testify on Facebook's cryptocurrency plans, not just his deputies

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House members push for Zuckerberg to testify on Facebook's cryptocurrency plans, not just his deputies
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House members push for Zuckerberg to testify on Facebook's cryptocurrency plans, not his deputies

Members of the House Financial Services Committee are calling on Facebook CEO Mark Zuckerberg to appear directly to discuss the company's plans for a new cryptocurrency.

Several congressional members expressed concerns about the cryptocurrency after the project's lead testified on Capitol Hill in July.Andrew Harrer | Bloomberg | Getty Images Congresswoman Sylvia Garcia, D-Tex., is among the committee members calling for Zuckerberg to appear before the committee. In an emailed statement, Garcia called it "critical" that Zuckerberg directly address concerns over its project known as libra and "why Facebook is developing its own cryptocurrency to begin with."

Rep. Lance Gooden, R-Tex., also said he wants to see Zuckerberg appear before the committee. In an emailed statement, Gooden said, "After the last hearing my colleagues and I were left with more questions than answers. If Facebook shares our commitment to transparency for the American people then I hope Mr. Zuckerberg will share his testimony before the Committee.

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