10 things you need to know today: May 29, 2020

Trump signs an executive order targeting social media platforms, unrest intensifies over George Floyd's death, and more

A fire in Minneapolis
(Image credit: KEREM YUCEL/AFP via Getty Images)

1. Trump signs executive order seeking regulations on social media

President Trump on Thursday signed an executive order seeking to chip away at regulations protecting social media companies from lawsuits over content posted on their platforms. Trump's announcement came two days after Twitter for the first time labeled two of his tweets "potentially misleading." Trump said the "unchecked power" of social media giants presents a dire threat to free speech, and he told federal agencies to review protections for companies such as Twitter and Facebook under a 1996 law shielding websites from lawsuits. Critics said Trump was overstepping his authority and threatening the First Amendment rights of private companies. "(Trump) is trying to steal for himself the power of the courts and Congress to rewrite decades of settled law," said Sen. Ron Wyden (D-Ore.).

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.