David Marcus reportedly set to attend House hearing on Libra's development

U.S. Rep. Maxine Waters, Chair of the U.S. House Financial Services Committee, announced her committee will hold a follow-up hearing one day after the Senate Banking Committee hearing on July 17. Waters previously called for a moratorium on Libra’s development until further U.S. regulatory and monetary concerns could be evaluated. Sources told The Hill that David Marcus, co-creator and leader of Libra, will likely testify at both the House and the Senate’s hearings.

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