White House press secretary Kayleigh McEnany made the announcement to reporters during an Air Force One flight returning from Florida.
As for the details of the order, The Hill reports that:
[The order will] mandate a review of a law that shields companies like Twitter, Google and Facebook from being held liable for the content appearing on their platforms after fact checks for the first time were added to two of his tweets.
The executive order Trump is expected to sign would direct the Federal Communications Commission (FCC) to propose and clarify regulations stipulated under Section 230 of the Communications Decency Act, according to a draft copy obtained by Reuters. Section 230 protects social media platforms from facing lawsuits over what users share, though there are exceptions when it comes to copyright violations and breaches of federal criminal law.
The order reportedly requests that the FCC evaluate whether social media companies should lose the Section 230 protections they enjoy if they take actions related to editing content. It also would direct the FCC to review whether any social media company uses deceptive content moderation polices and if they violate their own terms of service.
As for the final details of the executive order, we’ll find out later today.