Dear friend, Mark Zuckerberg is out of control. This is a man who once called Facebook “more like a government than a traditional company.”1 I guess it shouldn’t be a surprise that Zuckerberg -- and Facebook -- are interfering in our democracy again. In just the past few weeks, Zuckerberg’s done his best to pick the winner of the 2020 elections. After privately meeting with Trump, he changed Facebook policies to let Trump run ads with lies.2 He’s encouraged his staff to criticize 2020 candidates who are calling for a check on Facebook’s corporate empire and met with a number of other right-wing leaders.3 You might have heard about all of this. But did you know that Zuckerberg has something even more terrifying in the works? It’s called Libra, and it’s a digital currency he would control. Experts say Libra is a huge threat to democracy4 and could take down the entire global economy.5 We need your voice now, friend. Today, Zuckerberg testified to Congress about his reckless Facebook Libra digital currency plan, which will take control over money away from our democracy and concentrate it in his own hands and the hands of a few private corporations. Some Congress members like Rep. Maxine Waters slammed Zuckerberg in today's hearing. Rep. Waters said: “Perhaps you believe that you’re above the law, and it appears that... you are willing to step over anyone, including your competitors, women, people of color, your own users, and even our democracy to get what you want... In fact, you have opened up a serious discussion about whether Facebook should be broken up.” But we need to keep the pressure on -- some Congress members spoke positively of Libra. Demand Progress members like you, friend, have taken action many times to curb Facebook’s power. And the pressure is working. Already corporations like Visa, Mastercard, PayPal, and eBay have fled Zuckerberg’s Libra project.6 But Zuckerberg still wants to launch Libra as soon as 2020. Libra will trample competitors, consumers and entire countries.7 We can’t let Congress allow it to move forward. Zuckerberg desperately wants Libra to happen. It’s key to his future plans. Want to stop Facebook and rein in its power? Then we have to stop Libra. Thanks for defending the future of our democracy, Salma, Robert, and the team at Demand Progress
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