The President's threat is chilling and wrong. It is a circular call for retaliatory regulation to deter the viewpoint bias. It is akin to denouncing those without fire detectors by threatening to burn down their homes... https://jonathanturley.org/2020/05/27/trump-threatens-to-shut-down-social-media-companies/

...The President assumed the very same abusive position as the company in seeking to limit or regulate speech. That is precisely what the First Amendment was designed to protect against. That is not Twitter's “Little Brother” problem. That is the original “Big Brother problem.”

Once again however the media coverage is notable by what it omits. While attacking Trump for his threat of "strong regulation," the media makes no reference to years of threats from Democratic leaders and presidential candidates of a regulation crackdown. https://www.buzzfeednews.com/article/ryancbrooks/2020-regulate-social-media-white-nationalism-facebook