Oct 9, 2019 - Technology

Mark Zuckerberg to testify before Congress about Facebook's Libra

Photo: Chip Somodevilla/Getty Images

Facebook CEO Mark Zuckerberg will testify before the House Financial Services Committee on Oct. 23 as part of a hearing titled, "An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors."

Why it matters: Libra, Facebook's cryptocurrency project, faces headwinds from lawmakers and regulators. In July, House Financial Services Chair Maxine Waters (D-Calif.) called for a moratorium on the project. Zuckerberg's decision to testify about Libra personally rather than sending a subordinate is a sign of the effort's importance to Facebook.

Go deeper: Congress members express concerns over Facebook's cryptocurrency

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Axios
Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 12:30 a.m. ET: 20,620,847 — Total deaths: 748,416— Total recoveries: 12,770,718 — Map.
  2. U.S.: Total confirmed cases as of 12:30 a.m. ET: 5,197,000 — Total deaths: 166,026 — Total recoveries: 1,714,960 — Total tests: 63,252,257 — Map.
  3. Politics: Pelosi says Mnuchin told her White House is "not budging" on stimulus position.
  4. Business: U.S. already feeling effects of ending unemployment benefits.
  5. Public health: America's two-sided COVID-19 response — America is flying blind on its coronavirus response.
  6. Education: New Jersey governor allows schools to reopen — Gallup: America's confidence in public school system jumps to highest level since 2004.
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Rebecca Falconer
2 hours ago - Politics & Policy

Bob Woodward's new book details letters between Trump and Kim Jong-un

Bob Woodward during a 2019 event in Los Angele. Photo: Michael Kovac/Getty Images

Journalist Bob Woodward has obtained "25 personal letters exchanged" between President Trump and North Korean leader Kim Jong-un for his new book, "Rage," publisher Simon & Schuster revealed on Wednesday.

Details: In the letters, "Kim describes the bond between the two leaders as out of a 'fantasy film,' as the two leaders engage in an extraordinary diplomatic minuet," according to a description of the book posted on Amazon.

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Rebecca Falconer
2 hours ago - Politics & Policy

Dozens of Confederate symbols removed in wake of George Floyd's death

A statue of Confederate States President Jefferson Davis lies on the street after protesters pulled it down in Richmond, Virginia, in June. Photo: Parker Michels-Boyce/AFP via Getty Images

59 Confederate symbols have been removed, relocated or renamed since anti-racism protests began over George Floyd's death, a new Southern Poverty Law Center (SPLC) report finds.

Why it matters: That's a marked increase on previous years, per the report, which points out just 16 Confederate monuments were affected in 2019.

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