00:00It's Benzinga, and here's what's on the block.
00:02Michigan Representative Tim Wahlberg criticized Meta for its response to lawmakers' concerns
00:07about illicit drug ads on Facebook and Instagram.
00:10Wahlberg labeled Meta's letter as unacceptable, accusing the company of ignoring questions
00:15related to the prevalence and impact of such ads.
00:19Lawmakers' questions to Meta focused on reports revealing a surge of Facebook and
00:22Instagram ads directing users to purchase prescription pills and recreational drugs.
00:28Wahlberg criticized Meta for ignoring key questions and failing to address its role
00:32in approving and monetizing illicit drug ads, and demanded accountability for its impact
00:36on users, particularly minors.
00:38For all things money, visit Benzinga.com.
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