McCarthy: First step for regulating Big Tech is data transparency

House Minority Leader Kevin McCarthy called for regulation on data collection practices from tech giants like Facebook and Google at an Axios event in Washington, D.C. on Thursday, arguing that companies should not be able to leverage users' data without their knowledge.

“Facebook shouldn’t be broken up, but they should be very honest about the data that they’re using and taking.”

Why it matters: If everything comes up GOP in November 2020 and Big Tech regulation is a priority, McCarthy would likely be the Speaker to steer legislation through the House in the next Congress.