A Chairwoman of US House of Financial Committee, Maxine Waters met the Swiss authorities to discuss over Libra. The result of this meeting was disappointing for Libra backers. The Congress is afraid that Facebook will get huge power if Libra is allowed. After meeting, Chairwomen Waters told media, "While I appreciate the time that the Swiss government officials took to meet with us, my concerns remain with allowing a large tech company to create a privately controlled, alternative global currency.”