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Sens. Amy Klobuchar and Mark Warner introduce the bill on Wednesday. Photo: Jacquelyn Martin / AP

A bipartisan group of senators rolled out a bill Wednesday that would set new transparency requirements for online political ads, with an eye towards platforms like Google and Facebook.

Why it matters: Russian operatives allegedly used Facebook, Google and Twitter in an election meddling campaign in 2016. Those companies don't support the legislation yet.

The details:

  • Large platforms would have keep records on political ads (who was targeted and other details) once an advertiser spent $500 on political ads in the previous 12 months — a relatively low threshold. Platforms could be penalized by the Federal Election Commission for failing to comply.
  • The bill puts disclaimer requirements on online political ads by updating the FEC's definition of an "electioneering communication" to include digital ads.
  • It would also require online platforms, as well as broadcast stations, to take steps to stop foreign election interference.

What's next?: It's not clear the bill has the support to move forward; John McCain is the only Republican currently supporting it. Democrat Amy Klobuchar, one of the bill's sponsors along with Virginia's Mark Warner, said the lawmakers were answering questions from colleagues who haven't yet signed on.

Go deeper

In photos: Protests outside fortified capitols draw only small groups

Armed members of the far-right extremist group the Boogaloo Bois near the Michigan Capitol Building in Lansing on Jan. 17. About 20 protesters showed up, AP notes. Photo: Seth Herald/AFP via Getty Images

Small groups of protesters rallied outside fortified statehouses over the weekend ahead of President-elect Joe Biden's inauguration Wednesday.

The big picture: Some protests attracted armed members of far-right extremist groups but there were no reports of clashes, as had been feared. The National Guard and law enforcement outnumbered demonstrators, as security was heightened around the U.S. to avoid a repeat of the Jan. 6 U.S. Capitol riots, per AP.

5 hours ago - Politics & Policy

Trump to issue at least 100 pardons and commutations before leaving office

Photo: Mandel Ngan/AFP via Getty Images

President Trump plans to issue at least 100 pardons and commutations on his final full day in office Tuesday, sources familiar with the matter told Axios.

Why it matters: This is a continuation of the president's controversial December spree that saw full pardons granted to more than two dozen people — including former Trump campaign chair Paul Manafort, longtime associate Roger Stone and Charles Kushner, the father of Trump's senior adviser and son-in-law, Jared Kushner.

  • The pardons set to be issued before Trump exits the White House will be a mix of criminal justice ones and pardons for people connected to the president, the sources said.
  • CNN first reported this news.

Go deeper: Convicts turn to D.C. fixers for Trump pardons

Schumer's m(aj)ority checklist

Senate Minority Leader Chuck Schumer. Photo: Tasos Katopodis/Getty Images

Capitalizing on the Georgia runoffs, achieving a 50-50 Senate and launching an impeachment trial are weighty to-dos for getting Joe Biden's administration up and running on Day One.

What to watch: A blend of ceremonies, hearings and legal timelines will come into play on Tuesday and Wednesday so Chuck Schumer can actually claim the Senate majority and propel the new president's agenda.