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Facebook Seeking Friends in Beltway

Updated ET

Joe White discusses how Facebook is confronting questions about how it plans to handle its role as a global public square for discussion, including a willingness to play by China's rules in an effort to gain access to the Chinese market.

President Barack Obama will travel to Facebook Inc.'s Silicon Valley headquarters Wednesday to hold a "town hall" meeting on the economy with users of the social-networking site.

But Facebook is still trying to find a path to Washington, where the company has only a fledgling lobbying operation, even though it finds its privacy policies under increasing scrutiny and is trying to navigate a politically sensitive expansion into China.

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