A group of bipartisan members of Congress have launched an assault on Big Tech’s vast power.
The continued censorship and arbitrary labeling of “misinformation” is getting worse – and even liberals are upset.
But Nancy Pelosi’s iron fist is tightening on one bipartisan Big Tech bill, likely killing it for this year.
Big Tech is out of control and people on both sides of the political aisle are demanding change.
However, insiders say Pelosi is intentionally dragging her feet on bringing several bipartisan pieces of legislation to the House floor that would rein-in Big Tech.
This includes one bill that would stop the arguably unethical practice of mega-tech companies like Google and Amazon from giving their own products favorable treatment in internet search results.
The bill, sponsored by Congressman David Cicilline (D-RI) and Congressman Ken Buck (R-CO), was one of six that passed the House Judiciary Committee back in June.
And a nearly identical companion bill was introduced in the Senate last month, sponsored by Amy Klobuchar (D-MN) and Senator Chuck Grassley (R-IA), that’s been gaining steam.
So, why the slow crawl by Pelosi?
That’s where it gets interesting.
Many experts believe it has to do with her husband and his relationship with Google, Apple, and other Big Tech firms.
Pelosi’s district is the epicenter of the tech world and she’s married to a venture capitalist who’s made – and still makes – tens of millions of dollars trading shares of Big Tech companies.
So, ultimately, a bill like this could hurt Pelosi’s cash flow.
Insiders believe that Republicans taking back control in 2022 could bring about some serious tech reform, so by delaying this bipartisan legislation, at least Pelosi wouldn’t be actively destroying her own husband’s earning potential.
And then she can blame it on those mean Republicans.
Whatever the case may be, passage of the bill doesn’t look good for Nancy Pelosi, her husband, or their bank account.
Of course, there could be other reasons she hasn’t acted on this, but for now, we can only go on the facts at hand.