Posted 2 years ago | by Bethany Armstrong
Facebook CEO's Mark Zuckerberg met with US lawmakers to address concerns about the future of internet regulations.
This week, Mark Zuckerberg conducted his first scheduled visit to Washington DC since 2018. This visit did not included any public events.
Zuckerberg's goal this week: meet with Senators to address internet regulations for the future.
He also had an impromptu meeting with President Donald Trump at the White House. While President Trump is known for having a lot to say on Twitter, he only said his meeting with Zuckerberg was a "nice meeting".
Over the summer, Zuckerberg faced heavy criticism from Congress about Facebook's Libra Coin Project. Libra is Facebook's cryptocurrency project.
In June, Lawmakers threatened to pass laws preventing Libra from moving forward. Lawmakers held reservations about Libra's ability to uphold privacy standards for Facebook users.
Since then, congressional leaders have been educating themselves on tech related issues like privacy, antitrust, and content moderation. Facebook settled with the Federal Trade Commission for $5 billion dollars over Facebook's policies on privacy.
Lawmakers have expanded their regulation probes in the tech industry to include Amazon, Apple, and Google.
Zuckerberg has indicated that Libra would not launch with the approval of US lawmakers. By July, Facebook had hired lobbyists to directly address Libra concerns by lawmakers.
This week's meetings with Zuckerberg and lawmakers included Congressional Leaders who have been very critical of Facebook. At a dinner on Wednesday hosted by Senator Mark Warner (D-Va.), Zuckerberg addressed concerns on antitrust, bias against conservatives, as well as new online privacy rules.