The launch comes as Facebook fields antitrust inquiries from the Federal Trade Commission, the House Judiciary Committee, several state attorneys general and potentially the Department of Justice, which has pledged to conduct a broad review of market power in the tech industry. Google also faces its own slew of probes, and Amazon and Apple have both also received questions from the House Judiciary Committee into their practices. As the investigations get started, Facebook has continued to stir up D.C. officials with plans to implement end-to-end encryption across its messaging services and to launch a new cryptocurrency called libra. Zuckerberg will face lawmakers next week to discuss the company's cryptocurrency plans and will undoubtedly be asked about how the currency could add to Facebook's power. Facebook declined to comment on the fund. Concerns about Big Tech's power have spilled over into the presidential race.