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McCain's latest surprise: Regulate Facebook

Sen. John McCain questions Joint Chiefs Chairman Marine Corps Gen. Joseph Dunford. Photo: Pablo Martinez Monsivais / AP

Republican Sen. John McCain (Ariz.) knows his time in the public eye is short, so his big statements in recent weeks are especially resonant. Today, McCain will join with two Democrats — Sens. Mark Warner (Va.) and Amy Klobuchar (Minn.) — to give bipartisan imprimatur to the first of the "Facebook bills," responding to last year's election interference.

Axios has a sneak peek at provisions of the Honest Ads Act, which would increase disclosure requirements for online political ads like the ones Russians surreptitiously bought, putting the rules on par with those for radio and TV ads.

Why it matters: This is the first in a wave of legislative and regulatory proposals we can expect in response to the disclosures that Russian agents used tech platforms to meddle in the 2016 election.