Facebook Wants to Become the World’s Banker—and Congress Isn’t Paying Enough Attention

Despite the company’s plan to issue its own currency, lawmakers haven’t grasped the threat this poses to the world’s economy.

by

You can count on the Prospect, can we count on you?

There's no paywall here. Your donations power our newsroom as we report on ideas, politics and power — and what’s really at stake as we navigate another presidential election year. Please, become a member, or make a one-time donation, today. Thank you!