Objective
To enhance transparency in media reporting and protect public discourse by identifying and addressing potential financial influences behind deliberate disinformation campaigns targeting American leaders, elections, or policies. This policy prioritizes transparency and accountability while safeguarding freedom of speech.
Key Components of the Policy
- Financial Transparency and Disclosure Requirements
- Funding Disclosure: Media organizations, both domestic and international, must disclose any funding sources that contribute over a specified threshold to their budgets, particularly from U.S.-based entities or companies.
- Independent Verification: Third-party auditors will confirm financial disclosures, focusing on potential funds used to push misleading narratives or disinformation.
- International Influence Tracking
- Cross-Border Financial Investigations: Media companies reporting on U.S. leaders or policies will be examined for U.S.-based funding sources, especially when there is evidence of deliberate misinformation.
- Disclosure for Foreign-Owned Media: Foreign media companies with American financial support must disclose this on all platforms to ensure transparency and inform audiences of potential influences.
- Public Report and Transparency Measures
- Annual Public Report: A government agency will release an annual report detailing findings of media influence through American funding sources, making it available to the public and Congress.
- Online Transparency Registry: A publicly accessible platform will list media companies found to be financially influenced to promote false narratives, detailing specific narratives and funding sources.
- Accountability and Penalties for Misleading Financial Influence
- Sanctions for Covert Disinformation Funding: Companies or individuals found financing disinformation campaigns through foreign media will face financial sanctions and potential restrictions on future investments.
- License and Broadcast Revocation: For domestic media companies that accept funds for spreading misinformation, penalties could include license revocation for repeated offenses.
- Corporate Media Influence Transparency
- Ownership Disclosure: Media companies with ownership stakes from American corporations must publicly disclose these connections, enhancing transparency around potential conflicts of interest.
- Clear Sponsorship for Political Ads: All political ads on foreign and domestic platforms must clearly list sponsorship and funding sources, especially for content targeting international audiences.
- Enhanced Social Media and Digital Oversight
- Digital Tracking Standards: Social media companies will implement digital traceability protocols to flag political content linked to suspicious funding sources.
- Independent Fact-Checking Partnerships: Platforms must partner with independent fact-checkers to review flagged content without government interference.
- Public Media Literacy Initiatives
- Educational Programs: Launch media literacy campaigns to help the public identify and critically analyze misinformation.
- Community Workshops: Offer workshops that educate citizens, journalists, and students on spotting financial influence in media and discerning fact-based reporting.
Safeguards for Freedom of Speech
- Focus on Transparency Over Content Regulation: This policy mandates financial disclosure and transparency rather than restricting or censoring content, ensuring that audiences can evaluate content independently.
- Target Only Deliberate Disinformation Campaigns with Clear Financial Influence: Enforcement focuses on cases where there is verifiable intent to mislead or harm, preserving space for debate, opinion, and editorial freedom.
Expected Outcomes
- Increased Transparency: By focusing on financial disclosures, this policy allows the public to understand who funds specific media narratives.
- Accountability Without Restricting Speech: Ensures that only deliberate, financially motivated disinformation campaigns are targeted, preserving freedom of speech for opinions and perspectives.
- Informed Public: Enhances public awareness and critical thinking skills through media literacy initiatives.
Conclusion
The Truth in Media Accountability Act provides a balanced approach to combating disinformation by focusing on financial transparency, accountability, and public education, rather than limiting expression. This ensures that the public can trust the integrity of information while upholding fundamental principles of free speech and press freedom.