Sens. Amy Klobuchar (D-MN) and Mark Warner (D-VA) will unveil Legislation on Thursday to Increase Transparency about Digital Political Ads in hopes of Preventing future Election interference.
The Honest Ads Act would make Political Ads on Social Media subject to the same Transparency and Disclosure Laws as TV and Radio ads.
Sen. John McCain (R-AZ), who helped Draft the Legislation, is a Co-Sponsor.
In a statement, Warner and Klobuchar blamed a lack of Disclosure Laws for Ads on Social Media as a Contributing Factor to Russian Interference in 2016.
Facebook revealed that a Kremlin-linked Group purchased $100,000 worth of Ads around the 2016 Election.
Warner and Klobuchar have floated New Federal Election Commission (FEC) Regulations that would force Social Media Companies like Facebook and Twitter to Disclose who is Buying Political Ads on their Platforms.
"As much as I dislike Citizens United, at least someone can look at the TV ads being run for or against somebody," Warner said in September. "Why those rules don't apply to social media companies?"
According to a Draft Letter circulated in September to other Lawmakers, the Bill would require Digital Platforms with over One Million Users "to maintain a public file of all electioneering communications purchased by a person or group who spends more than $10,000 aggregate dollars for online political advertisements."
Also, Broadcast, Cable, and Satellite Providers would need to take additional Steps to keep Foreign Actors from potentially using their Platforms to Influence Elections.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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