Facebook CEO Is Said Expected to Appear Before House Committee
(Bloomberg) -- Mark Zuckerberg, Facebook Inc.’s chief executive officer, is expected to testify before the U.S. House Energy and Commerce Committee, according to a congressional official familiar with the plans.
Zuckerberg has been the subject of withering criticism from both Republican and Democratic members of Congress, as well as members of the U.K.’s Parliament, over signs that the company he co-founded and leads has failed to protect user privacy. Lawmakers briefed this week by Facebook staff complained that the aides sent to closed-door briefings couldn’t answer many of their questions.
While the congressional official initially said Zuckerberg was planning to appear on April 12, Elena Hernandez, a spokeswoman for the committee’s Republican majority, later said the committee is “continuing to work with Facebook to determine a day and time for Mr. Zuckerberg to testify.”
Facebook is struggling to stave off a barrage of criticism that it hasn’t done enough to address revelations that Cambridge Analytica, which worked with Donald Trump’s presidential campaign, siphoned data from about 50 million Facebook users as it built an election-consulting company that boasted it could sway voters in contests all over the world.
The U.S. Federal Trade Commission took the unusual step this week of confirming it’s investigating Facebook’s privacy policies following the revelations about Cambridge Analytica’s use of its data.
The developments have prompted some people to delete their Facebook accounts and have heightened concern that the social network will lose advertisers and be subject to tighter regulation. It’s also fueled a 16 percent decline in Facebook shares. Facebook fell 3.8 percent to $153.93 at 2:28 p.m. in New York.
The leaders of the House panel, which oversees internet issues, sent an invitation to Zuckerberg dated March 23, saying it wanted to hold a hearing to “examine the harvesting and sale of personal information from more than 50 million Facebook users, potentially without their notice or consent and in violation of Facebook policy.”
The committee’s Republican chairman, Greg Walden of Oregon, told Bloomberg Radio that Facebook officials who briefed his committee couldn’t answer all of the members’ questions.
Zuckerberg will be under pressure to appear before other congressional committees, including the Senate Judiciary and Commerce panels, whose members will want him as a star witness.
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