At Thursday's signing ceremony, Trump called the fact-check "egregious," and held up a photo of Twitter executive Yoel Roth, who heads up the site's fact-checking and rules-making operation. "My executive order calls for new regulations under Section 230 of the Communications Decency Act to make it so that social media companies that engage in censoring any political conduct will not be able to keep their liability shield," the president said. EXCLUSIVE: GOP OPENS UP NEW FRONT IN BIG TECH WAR, TAKING ON REDDITHe added: "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. — President TrumpThe White House had discussed a social media executive order for the past several months, and lawmakers -- including GOP Sens. "Finally, I'm directing my administration to develop policies and procedures to ensure taxpayer dollars are not going to any social media company that suppresses free speech," Trump said.

Source: Fox News May 28, 2020 20:48 UTC