Well gang it sounds like the bureaucrats in the DC swamp think the central planning mix with coercion that is state intervention may need further interference in the voluntary association of humankind. Now don't get me wrong the social media giants like Facebook and Twitter are likely not positive if not negative net effect for human freedom at this point in time, but I am very skeptical that more gun backed state intervention is likely a useful means toward achieving a better world subject to how one might define better.
As someone who likes MIT licensed open source steemit where everything is publicly available on a blockchain thus making censorship and shadowbanning less likely and more discoverable and possibly more recorded in the record it would definitely be great if scandals are discovered. It will be interesting how all these things play out. Ultimately it will be interesting how it all plays out and what comes of these discussions and whether the DC swamp decides to adopt new regulations to further subsidize entrenched market actors and increase the transaction cost of new market participants as typifies the crony statism of our day.