Facebook and Twitter Brace for New Election-Ad Rules From Congress
- Zuckerberg says new media disclosure law could be ‘very good’
- But some key Republicans not yet sold on need for new laws
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After two rocky days in Congress, the social media giants face rising momentum for regulation of political ads to curb Russian election meddling, although some key Republicans remain skeptical and urged the companies to do a better job on their own.
Facebook Inc., Twitter Inc. and Google again declined on Wednesday to endorse a bipartisan bill that would force them to join broadcasters in disclosing who pays for the political ads they carry -- although Facebook Chief Executive Officer Mark Zuckerberg and Twitter’s top lawyer said they support some form of transparency rule.