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Photo: Erin Schaff - Pool/Getty Images

President Trump tweeted Tuesday a threat to veto a must-pass end-of-year $740 billion defense-spending authorization bill unless Congress repeals a federal law that protects social media sites from legal liability.

Why it matters: Trump's attempt to get Congress to end the tech industry protections under Section 230 of the Communications Decency Act is the latest escalation in his war on tech giants over what he and some other Republicans perceive as bias against conservatives.

  • Axios' Ashley Gold and Margaret Harding McGill reported Monday night that the Trump administration was pressing Congress to repeal Section 230 in the hope of achieving a bipartisan animus against Big Tech before the president leaves office.

What he's saying: "Section 230, which is a liability shielding gift from the U.S. to “Big Tech” (the only companies in America that have it - corporate welfare!), is a serious threat to our National Security & Election Integrity. Our Country can never be safe & secure if we allow it to stand," Trump tweeted.

  • "Therefore, if the very dangerous & unfair Section 230 is not completely terminated as part of the National Defense Authorization Act (NDAA), I will be forced to unequivocally VETO the Bill when sent to the very beautiful Resolute desk. Take back America NOW. Thank you!"

Situational awareness: The NDAA conference committee is expected to meet Wednesday to begin going through legislative language, and members hope to begin seeing draft text by the end of the day.

  • Congressional sources told Axios’ Margaret McGill, Ashley Gold and Alayna Treene that, as of now, there is no language on repealing Section 230, which would eliminate the tech industry's prized liability law.

Go deeper

Top Republican proposes Big Tech action plan

Rep. Cathy McMorris Rodgers. Photo: Zach Gibson/Getty Images

Republican Rep. Cathy McMorris Rodgers outlined a plan for fellow Republicans to hammer Big Tech companies in a memo obtained by Axios.

Why it matters: The "Big Tech Accountability Platform” serves as both a rallying cry for Republicans in the minority and an outline for some policy changes that could win bipartisan support.

Kaine, Collins' censure resolution seeks to bar Trump from holding office again

Sen. Tim Kaine (center) and Sen. Susan Collins (right). Photo: Andrew Harnik/Pool via Getty Images

Sens. Tim Kaine (D-Va.) and Susan Collins (R-Maine) are forging ahead with a draft proposal to censure former President Trump, and are considering introducing the resolution on the Senate floor next week.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction, Axios Alayna Treene writes. "I think it’s important for the Senate's leadership to understand that there are alternatives," Kaine told CNN on Wednesday.

Stark reminder for America's corporate leaders

Rosalind "Roz" Brewer is about to become only the second Black woman to permanently lead a Fortune 500 company. She starts as Walgreens CEO on March 15.

Why it matters: It's a stark reminder of how far corporate America's top decision-makers have to go during an unprecedented push by politicians, employees and even a stock exchange to diversify their top ranks.