Facebook's Libra 'like starting a bank' without going through the steps: Rep. Waters

3:37 PM ET Thu, 20 June 2019

Representative Maxine Waters (D-CA) joins CNBC's "Closing Bell" team to discuss Facebook's foray into cryptocurrency. She says the social media giant should pause its crypto project. She also weighs in on bank regulation and Trump's relationship with Fed Chairman Powell. Waters serves as Chair of the House Financial Services Committee.