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Facebook in Talks for Sandberg to Testify to House Next Month

  • Sandberg likely to face questioning on Libra crypto project
  • July hearings drew bipartisan skepticism about Facebook’s plan
Sheryl Sandberg
Sheryl SandbergPhotographer: David Paul Morris/Bloomberg
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Facebook Inc. is negotiating with a key congressional committee for Chief Operating Officer Sheryl Sandberg to testify as soon as next month, people familiar with the talks said, amid questions about the social media giant’s market power and its plans for a digital cryptocurrency called Libra.

Sandberg is expected to appear at a hearing as soon as late October, but officials are still negotiating the details with the House Financial Services Committee, the people said. It’s possible the hearing could slip to later in the year, one of the people said.