“I think it’s a good thing, if Apple is looking at the content. Most broadcast stations are subjected to standards in terms of what they broadcast to the public. And Twitter’s not really that different than other broadcast stations,” she said.
When asked if she was in favor of increased oversight for technology near monopolies such as Apple and Google, Yellen agreed. “It’s a kind of control that I think is needed,” she said.
Yellen declined to say whether the Treasury-led Committee on Foreign Investment in the United States (CFIUS) was conducting a review of Twitter after leftists called for a probe over a long-held Saudi Arabian stake in the company after Musk formally bought the platform, Reuters reported. The treasury secretary responded with a non-answer, saying that the committee investigates all foreign acquisitions or stakes that could present “national security risks.”
“I’m not going to say specifically what we are or aren’t looking at,” Yellen said. “We don’t comment on work that’s in progress. But if there are such risks, it would be appropriate for CFIUS to have a look.”