04/25/2022

Republicans Cheer Possible Twitter-Musk Deal

Meanwhile, Democrats are wary of tech's power

Republicans in the U.S. Congress welcomed reports that billionaire Elon Musk was purchasing Twitter Inc (TWTR.N), while Democrats slammed it as a sign that lawmakers had to move faster to rein in Big Tech. Musk, owner of Tesla and SpaceX, clinched the $44 billion cash deal on Monday.

U.S. Representative Jim Jordan, a member of the Freedom Caucus of conservative House Republicans, greeted the news with a tweet that said: "Free speech is making a comeback."

Jordan and other Republicans have been critical of Twitter for banning former President Donald Trump and other notable conservatives. Trump was banned due to the risk of further violence after the U.S. Capitol was stormed on Jan. 6, 2021.

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