'Breathtaking arrogance': senators grill Facebook in combative hearing over Libra currency

Banking committee questions Facebook on its Libra project, while the House will later take aim at Google, Apple and Amazon

Facebook was greeted with hostility in the US Congress as the tech giant sought to defend its proposed digital currency to lawmakers on the Hill.

Members of the Senate's banking committee grilled the Facebook executive David Marcus on Tuesday on the company's privacy and security plans for Libra, a proposed digital currency that would allow Facebook's billions of users to make financial transactions across the globe.