id="article-body" class="row" section="article-body"> Facebook and its partners plan to launch Libra, a new global cryptocurrency.
Getty Images Facebook isn't getting any love for Libra. The social network and its planned cryptocurrency have endured a withering month as partners bolt from the project, details start to shift and legislators amp up their criticism of the ambitious plans. The concerns reached a crescendo on Wednesday, when a key US committee laid into CEO Mark Zuckerberg, using Libra as evidence of what they saw as the company's cavalier attitude toward everything from data breaches to misleading political ads.
"As I have examined Facebook's various problems," California Rep. Maxine Waters told Zuckerberg as she opened a hearing before the House Financial Services Committee. "I have come to the conclusion that it would be beneficial for all if Facebook concentrates on addressing its many existing deficiencies and failures before proceeding any further on the Libra p