Mr. President, yesterday the Banking Committee heard from one of Facebook's executives about, if we can believe this--it almost doesn't seem possible--how Facebook wants to create its own monopoly money. That is right, after scandal after scandal with Facebook, where they betrayed the public trust, with the damage they have done to journalism and the damage they have done to democracy, the compromising and betrayal of people's privacy. Again, believe it or not, even the United Nations said what Facebook did to contribute to the humanitarian disaster in what we know as Burma, Myanmar, where literally hundreds of people died--the United Nations said Facebook contributed to the genocide. That almost doesn't sound believable, but they contributed to the genocide, a U.N. report said, in that part of the world. Now, after scandal after scandal, Facebook expects Americans to trust them with their hard-earned paychecks. It is pretty breathtaking. When you think about it, in this body, you know what happens when corporations want something. They always get it. With the leadership in this body and with the White House looking like a retreat for Wall Street executives and the big banks, they always get what they want. When have big corporations ever been held accountable? Look how the majority leader and President Trump treated Wall Street banks. Of course Facebook thinks they can make mess after mess, they can refuse to clean it up, and they face no consequences.…
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