Congressman Chuy García on Twitter: "Given Facebook’s track record of evading criminal liability, abusing private data, and manipulating markets with their monopolistic power, regulators should be considering how to break up Facebook, not greenlighting a new, dangerous project like #Libra.… https://t.co/Ud0VjTelF6"

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I asked Mark Zuckerberg at @FSCDems if he thinks #Libra should be regulated like a bank? He said no. I asked if he thinks #Libra should be overseen by the SEC? He couldn't answer me clearly. This is very concerning considering Facebook's advertising monopoly & corporate power.https://twitter.com/TakeOnWallSt/status/1187099579159908354 …

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Take On Wall St @TakeOnWallSt

@RepChuyGarcia: Should Libra be regulated as a bank? Should Libra be regulated by the SEC?...You’re unable to give clear answers about which laws should apply to your project, concerning to me given your advertising monopoly & your corporate power. #libraindc pic.twitter.com/pbkxeccuvS

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‏Verified account @RepChuyGarcia

Given Facebook’s track record of evading criminal liability, abusing private data, and manipulating markets with their monopolistic power, regulators should be considering how to break up Facebook, not greenlighting a new, dangerous project like #Libra.pic.twitter.com/30TBXZ0d47