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‘The right person at the right time to take this beating’

Facebook’s C.E.O. probably thought he would spend his testimony before the House Financial Services Committee yesterday defending the company’s cryptocurrency project, Libra. Instead, he endured over five hours of questioning about issues like political advertising, disinformation campaigns, work force diversity and child pornography, Cecilia Kang, Mike Isaac and Nathaniel Popper of the NYT write.

It’s clear that Facebook has a trust problem. “As I have examined Facebook’s various problems, 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 project,” said Representative Maxine Waters, the Democratic chairwoman of the committee.

Mr. Zuckerberg acknowledged that. “We certainly have work to do to build trust,” he said. And he largely kept his calm — Representative Juan Vargas, Democrat of California, said Mr. Zuckerberg was “probably the right person at the right time to take this beating.”