President Trump Details His Executive Order for Social Media Companies

EXCERPT:

TRUMP: “My executive order calls for new regulations under Section 230 of the Communications Decency Act to make it that social media companies that engage in censoring, or any political conduct will not be able to keep their liability shield. That’s a big deal, and they have a shield. They can do what they want. They have a shield. They’re not going to have that shield. My executive order further instructs the Federal Trade Commission, FTC to prohibit social media companies from engaging in any deceptive acts or practices affecting commerce. This authority resides in Section 5 of the Federal Trade Commission Act. I think you know it pretty well. Most of you know it very well. I would think you know it quite well, right? Additionally, I’m directing the Attorney General to work cooperatively with the states. He’s going to be working very much and very closely in cooperation with the states to enforce their own laws against such deceptive business practices.”