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Day 2 of Mark Zuckerberg testimony: Facebook CEO appears before House Energy & Commerce panel

Posted: 6:58 AM, Apr 11, 2018
Updated: 2018-04-12 03:19:15Z

WASHINGTON (AP) - Facebook CEO Mark Zuckerberg went through another round of grilling by lawmakers Wednesday, this time before House questioners.

On Tuesday, Zuckerberg faced five hours of interrogation and offered several apologies about failing to protect the personal information of millions of Americans from Russian political interference.

Zuckerberg said his firm is "working with" special counsel Robert Mueller.

This time, Zuckerberg testified before for the House Energy and Commerce Committee.

During Wednesday's testimony, he often returned to the same talking points, but did drop some new tidbits such as his disclosure that his own data was swept up in the Cambridge Analytica scandal.

Facebook investors, at least, seemed satisfied, bumping up the company's shares for the second day in a row. Zuckerberg saw his Facebook stake add about $4 billion during the time he testified -- amounting to a payment of about $400 million per hour.

Zuckerberg also said he thinks regulation of his company is "inevitable," but still came to Capitol Hill prepared to defend against proposals he thought went too far.

Some legislators touted their proposals for privacy protections, but acknowledged there is no consensus on Capitol Hill on how to proceed following the Cambridge Analytica scandal that broke last month.