Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C. (Photographer: Andrew Harrer/Bloomberg)

Fed’s Jerome Powell Has ‘Serious Concerns’ With Facebook Libra Proposal

(Bloomberg) -- Facebook Inc.’s proposal to create its own digital currency raises major questions that must must be addressed before the plan to create a coin called Libra moves forward, Federal Re...

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