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George Soros and Mark Zuckerberg. Photos: Sean Gallup/Drew Angerer/Getty Images

Democratic megadonor George Soros ripped into Mark Zuckerberg and Facebook's decision to not fact check 2020 political ads in a Friday morning New York Times op-ed.

"I believe that Mr. Trump and Facebook's chief executive, Mark Zuckerberg, realize their interests are aligned — the president's in winning elections, Mr. Zuckerberg's in making money ... Facebook's decision not to require fact-checking for political candidates' advertising in 2020 has flung open the door for false, manipulated, extreme and incendiary statements."
— George Soros

What he's saying: Soros suggested that Zuckerberg and COO Sheryl Sandberg "follow only one guiding principle: maximize profits irrespective of the consequences."

  • "I expressed my fear that with Facebook’s help, Mr. Trump will win the 2020 election. The recent hiring of a right-wing figure to help manage its news tab has reinforced those fears."

The bottom line: "The responsible approach is self-evident. Facebook is a publisher not just a neutral moderator or 'platform.' It should be held accountable for the content that appears on its site," Soros wrote.

  • "One way or another, [Zuckerberg and Sandberg] should not be left in control of Facebook."

The big picture: Soros is one of many voices calling for Facebook to either be broken up or for Zuckerberg to step down as chief executive.

Go deeper: Rivals distance themselves from Facebook on political ads

Go deeper

Former D.C. Guard alleges Army Generals lied about Jan. 6 response

Members of the National Guard and Capitol police keep a small group of pro-Trump demonstrators away from the Capitol following the insurrection on Jan. 6. Photo: Spencer Platt/Getty Images

A former D.C. National Guard official has alleged that top Army generals "lied" to Congress in their testimony on the U.S. Capitol riot, Politico first reported Monday.

The big picture: Col. Earl Matthews, who was serving on Jan. 6, alleges in a memo that the official version on the military response is "worthy of the best Stalinist or North Korea propagandist" and that the Pentagon inspector general's November report on it features "myriad inaccuracies, false or misleading statements, or examples of faulty analysis."

Toyota to build $1.3 billion U.S. battery plant in North Carolina

The all-electric Toyota bZ4X, the company's first battery-electric vehicle, at the Los Angeles Auto Show in Los Angeles, California on Nov. 17. Photo: Frederic J. Brown/AFP via Getty Images

Toyota announced Monday it's investing $1.3 billion to construct an electric vehicle battery "megasite" near Greensboro, North Carolina, set to open in 2025.

Why it matters: Toyota's Prius hybrid won environmental plaudits when it launched in 1997, but it has since lost ground to electric vehicle world leader Tesla, per Axios' Joann Muller. This battery plant will be the first to produce automotive batteries for Toyota in North America.

5 hours ago - Politics & Policy

Congress hunts for shortcut to pass defense funding, debt limit combo

Senate Majority Leader Chuck Schumer returned to his office Monday. Photo: Anna Moneymaker/Getty Images

The scramble in Congress to pass the National Defense Authorization Act is being complicated by an effort to tie it to a needed hike in the federal debt limit.

Why it matters: The House and Senate are rapidly coming up against a series of deadlines they must address before the end of the year — or risk disrupting crucial military funding and upending the economy. Congressional leaders are now hoping they can knock out both "must-pass" priorities in one, complex swoop.

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