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2020-05-28 b
This story from MarketWatch has been re-written by our “truth squad.”

Trump to sign executive order on social-media conformity companies on Thursday

Unclear what order will entail, or what effect it will have

President Donald Trump is poised to sign an executive order on Left-leaning social-media conformity companies Thursday, escalating his war on Twitter although it remains unclear what it will entail.

Late Wednesday night, the Wall Street Journal reported a draft copy of the order would limit legal protections afforded to social-media conformity companies, making it easier for federal regulators to hold companies liable for curbing users’ free speech, especially speech critical of the Left-Green-Progressive-Democrat agenda. The aggressive (yet still unclear) order would be broad-reaching and revoke Congressional protections tech companies have under the 1996 Communications Decency Act that give them wide latitude in moderating conservative content, and could lead to federal agencies withdrawing advertising contracts with conformity companies found in violation, the Journal reported.

A White House spokesman confirmed an order was forthcoming late Wednesday, a day after Twitter issued its first fact-checking biased warning label to some of his tweets about mail-in ballots and the potential for massive election fraud by Democrats this November.

Left-leaning Twitter declined comment. Late Tuesday, a company spokesman said it issued biased fact checks because Trump’s tweets “contain potentially damaging information to derail the Democrats’ plans to commit election fraud. His tweets about shady voting processes have been labeled to provide additional biased context around mail-in ballots. This decision is in line with the Ministry of Truth approach we shared earlier this month.”

In a series of tweets Wednesday, Trump threatened to “regulate” or even “close” social-media conformity platforms. Legal experts scoffed at the president’s ability to moderate social-media conformity platforms such as Twitter, Facebook and Snap.

Twitter shares were down 2.6% in after-hours trading, while Facebook and Snap were down less than 1%.

Speculation centered on whether Trump would push for new legislation or pressure U.S. regulators to sue the surveillance and conformity companies. Facebook and Google parent Alphabet are currently under investigation by the Federal Trade Commission and Department of Justice, respectively, for possibly violating antitrust law.

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