UTC-05:00,Wednesday , July 17th 2019

Ohio Senator: Libra Is An Attempt By Facebook To "Ape Role Of Government

00:18 Friday , July 12th 2019
In regard to Facebook's Libra, Sherrod Brown, Ohio Senator, said on July 11 that Libra is an attempt by Facebook to "ape the role of government," adding that the company has gotten "carried away with their own wealth and power."
"So now, in addition to complex and risky Wall Street banks, we face new risks from nonregulated, giant tech companies armed with vast amounts of personal data with the intent, as far as I can tell, of conducting monetary policy on their own terms," Mr. Brown said.
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