On Wednesday, the leaders of Facebook, Google, and Twitter will testify on Capitol Hill in front of a subcommittee of the Senate Commerce Committee. Mark Zuckerberg, Sundar Pichai, and Jack Dorsey will all face questions over their companies' use of Section 230 of the Communications Decency Act, which protects online platforms from being held legally accountable for content published by their users.
"One of the things I think they need to hear from us that we are fully aware that the American people no longer trust big tech," Committee member Sen. Marsha Blackburn (R-Tenn.) told Cheddar.
Blackburn has proposed several changes to clarify and modify Section 230, which has been a subject of controversy since the president's executive order in May. That executive order came after Twitter flagged one of the president's tweets for being misleading and called for the FCC to regulate online censorship.
"We would be more specific on who can use the liability protections in 230, how it can be applied, and when it can be applied," said Blackburn. Her changes would also specify who qualifies as a "content creator" and would aim to protect those users, rather than the platforms.
Despite bipartisan agreement that Section 230 needs reform, Democrats and Republicans do not agree on just how to change it. The Democrats aren't on board with the GOP bill that would reign in a company's ability to flag and censor misinformation.
The tech industry, for its part, has said any changes to Section 230 would effectively end free speech online. They argue that without the protection it offers, platforms actually would have to take a stricter approach to flagging, fact-checking, and censoring.
Carlo and Baker discuss the fallout from Tuesday's election and the flashing warning sign for Dems ahead of the midterms. Also, a big 2A case at the Supreme Court, Aaron Rodgers has Covid and is in big trouble, and a first for the MCU.
Milton Ezrati, Chief Economist at Vested, joins Cheddar News' Closing Bell, where he breaks down the Federal Reserve's latest policy decision and discusses what he will be listening for most closely when Fed Chair Jerome Powell takes the podium.
Democrats are hoping to pass the Build Back Better Infrastructure Bill this week, but fellow Democrat Senator Joe Manchin has proven to be a steady fast hold out, stating that he will not support a multi-trillion dollar bill without greater clarity. U.S. News and World Reports Political Reporter Lisa Hagen joined Cheddar to discuss the future of the bill.
Carlo and Baker discuss the election results across the country, including a Republican comeback in Virginia -- and possibly NJ -- plus the CDC gives the go-ahead for child vaccinations, Atlanta wins the World Series and more.
David Wagner, Portfolio Manager at Aptus Capital Advisors, joins Cheddar News' Closing Bell, where he explains why we continue to see record closes from the Dow, S&P, and Nasdaq, and breaks down figures from Lyft's Q3 earnings report.
Voters across the country are heading to the polls today for Election Day. The results of some key races could signal what we can expect in upcoming elections. In Virginia, Democrat Terry McAuliffe is facing off against Republican Glenn Youngkin for governor in a tight race. The race has both parties watching because it's a big indicator of how voters are leaning ahead of the 2022 midterm elections. Kyle Kondik, managing editor of Sabato's Crystal Ball at the University of Virginia Center for Politics, joins Cheddar News to talk about what's in store for the state.
Laura Vozzella, local reporter for The Washington Post, joins Cheddar News to discuss the close gubernatorial race in Virginia and what voters are looking for in each candidate.
The U.S. Supreme Court takes a closer look at the Texas abortion law that was designed by its sponsors to evade constitutional review in federal court. Katie Barlow, journalist and social media editor at SCOTUSblog joins Cheddar News to breakdown what was discussed.
