Rep. Thomas Massie has confirmed that Sen. Mark Kelly was the lawmaker who inquired if social media companies could censor messages that could lead to runs on banks during a Zoom call regarding the failure of Silicon Valley Bank.
Democrat Senator suggested last night that government should work with social media companies to censor information that could lead to a run on banks.https://t.co/GIzwL4KRyF
— Thomas Massie (@RepThomasMassie) March 13, 2023
On Monday, Massie retweeted a Substack post in which it was reported that Kelly was the mystery lawmaker Massie had referred to in a tweet on Sunday. In that tweet, Massie wrote:
“Just got off of a zoom meeting with Fed, Treasury, FDIC, House, and Senate.
A Democrat Senator essentially asked whether there was a program in place to censor information on social media that could lead to a run on the banks.”
Just got off of a zoom meeting with Fed, Treasury, FDIC, House, and Senate.
A Democrat Senator essentially asked whether there was a program in place to censor information on social media that could lead to a run on the banks.
— Thomas Massie (@RepThomasMassie) March 13, 2023
According to Public.substack.com:
During a conference call about the Silicon Valley Bank bailout yesterday, Senator Mark Kelly (D-AZ) asked representatives from the Federal Reserve, Treasury Department, and the Federal Deposit and Insurance Corporation (FDIC) if they had a way to censor information on social media to prevent a run on the banks, according to Republican members of the House of Representatives who were on the call.
The members said there were roughly 200 people on the Zoom call, including Senators, House members, and staff members from both parties. “On our conference call, led by [Senate President Chuck] Schumer, with Fed, FDIC, and Treasury, a democrat senator asked the three agencies if there was a program underway on social media to censor information that would lead to a bank run,” Rep. Thomas Massie told Public.
READ MORE: EXCLUSIVE: Senator Mark Kelly Called For Social Media Censorship To Prevent Bank Runs
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