Warren Proposes New Federal Agency to Regulate Big Tech Companies

Sen. Elizabeth Warren has proposed legislation to create a new federal agency, the Digital Consumer Protection Commission (DCPC), to regulate Big Tech companies.
The DCPC would be modeled on the Consumer Financial Protection Bureau, which Warren helped establish to regulate banks and lenders after the 2008 financial crisis.
The bill aims to address competition, privacy, transparency, national security, and other concerns around massive technology platforms like Amazon, Apple, Google, Meta, and Microsoft.
It has bipartisan support from Sen. Lindsey Graham, though passing such legislation still faces major hurdles in Congress and industry opposition.
As with the CFPB, Warren believes a dedicated expert agency is needed to craft and enforce specific rules tailored to digital platforms.

Sen. Elizabeth Warren has proposed legislation to create a new federal agency, the Digital Consumer Protection Commission (DCPC), to regulate Big Tech companies.
The DCPC would be modeled on the Consumer Financial Protection Bureau, which Warren helped establish to regulate banks and lenders after the 2008 financial crisis.
The bill aims to address competition, privacy, transparency, national security, and other concerns around massive technology platforms like Amazon, Apple, Google, Meta, and Microsoft.
It has bipartisan support from Sen. Lindsey Graham, though passing such legislation still faces major hurdles in Congress and industry opposition.
As with the CFPB, Warren believes a dedicated expert agency is needed to craft and enforce specific rules tailored to digital platforms.