As the Washington Post earlier reported, “President Trump on Thursday is set to sign an executive order that could open the door for federal regulators to punish Facebook, Google and Twitter for the way they police content online, issuing a major broadside against Silicon Valley that quickly triggered wide-ranging political opposition and threats of a legal challenge.”
Trump is making comments at this moment in time.
This is a developing story
Key comments coming through
TRUMP SAYS THE CHOICES TWITTER MAKES WHEN IT CHOOSES TO EDIT AND BLACKLIST ARE EDITORIAL POSITIONS
- 28-May-2020 13:50:25 – TRUMP SAYS WHAT TWITTER CHOOSES TO FACT CHECK OR IGNORE IS NOTHING MORE THAN POLITICAL ACTIVISM AND IS INAPPROPRIATE
- 28-May-2020 13:51:17 – TRUMP SAYS EXECUTIVE ORDER ON SOCIAL MEDIA COMPANIES WILL MEAN THEY WILL NO LONGER HAVE A LIABILITY SHIELD
- 28-May-2020 13:52:17 – TRUMP SAYS HE IS DIRECTING ATTORNEY GENERAL TO COOPERATE WITH STATES TO ENFORCE THEIR OWN LAWS AGAINST WHAT HE TERMS THE DECEPTIVE BUSINESS PRACTICES OF SOCIAL MEDIA COMPANIES
- 28-May-2020 13:52:41 – TRUMP SAYS SOCIAL MEDIA COMPANIES ARE TANTAMOUNT TO A MONOPOLY
- 28-May-2020 13:53:15 – TRUMP SAYS HE WILL PURSUE LEGISLATION IN ADDITION TO HIS EXECUTIVE ORDER
- 28-May-2020 13:57:14 – U.S. ATTORNEY GENERAL BARR SAYS TRUMP ADMINISTRATION IS PREPARING LEGISLATIVE PROPOSAL ON SOCIAL MEDIA COMPANIES
- 28-May-2020 13:58:04 – BARR SAYS HE WILL SEEK LITIGATION AGAINST SOCIAL MEDIA COMPANIES AS WELL AS LEGISLATION
Trump has portrayed the expected order, the early details of which were first reported by The Washington Post late Wednesday, as an attempt to stamp out political bias on the part of the country’s largest social media platforms.
His directive comes days after Twitter steered viewers of some of the president’s tweets to news articles that fact-checked his claims, a move Trump said was a form of censorship, The Washington Post reported.
More to come…
Market implications
More to come…
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