Congresswoman Waters cites concerns over Facebook’s Libra project despite official meeting

Facebook’s Libra project continues to remain a matter of concern for the US lawmakers, even after Democratic Rep. Maxine Waters meets its official committee in Switzerland, at Libra’s headquarters. Ever since Facebook’s Libra project has been announced, several US politicians have released a sequence of criticism and concerns over capability and scope. Waters had ordered a temporary stop on its developments and summoned a committee hearing to interrogate Facebook officials over their disastrous run-ins at consumer data privacy. Waters, also serving as the Chair of the House Financial Services Committee, released an official statement on Aug 23, which constituted a