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

Jul 10 2019, 3:42 PMJul 11 2019, 6:26 AMJuly 10 2019, 3:42 PMJuly 11 2019, 6:26 AM

(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...