Trump signs executive order threatening penalties to Twitter, Facebook - Business Insider

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Trump signs executive order threatening penalties to Twitter, Facebook - Business Insider
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Trump signs executive order threatening social media companies after Twitter fact-checked his tweets

Trump's executive order seeks to limit the power of social media companies to moderate speech on their platforms.President Donald Trump signed an executive order Thursday seeking to crack down on social media companies over allegations of bias against conservatives.

According to a leaked draft, the order seeks to create new regulations for how social media companies are allowed to moderate speech, and it calls for the Federal Trade Commission to keep a list of complaints from users about political bias on social media platforms. The move comes two days after Twitter added fact-checking links — the first of its kind — to two of Trump's tweets pushing false claims about voting by mail.

Trump's order calls for tech companies to lose their Section 230 protection if they do anything to discriminate against users, restrict their access to a platform without giving them a fair hearing, or take other action that isn't in line with the terms of service.on Wednesday said that within 30 days of its signing, the Secretary of Commerce should file a petition for rulemaking within the Federal Communications Commission for regulations that clarify the scope of Section 230.

"As President, I have made clear my commitment to free and open debate on the Internet. Such debate is just as important online as it is in our universities, our businesses, our newspapers, and our homes," the draft reads. "In a country that has long cherished the freedom of expression, we cannot allow a limited number of online platforms to hand-pick the speech that Americans may access and convey online.

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