Former House speaker Nancy Pelosi celebrates beating the markets once again. Credit: Getty


March 29, 2025   < 1

**Washington, D.C.** — Lawmakers on Capitol Hill clashed with top executives from Silicon Valley today in a high-stakes hearing over data privacy, antitrust violations, and the growing influence of Big Tech. The Senate Judiciary Committee summoned CEOs from major firms—including Meta, Alphabet, and Amazon—to answer tough questions about their business practices in what many are calling a “make-or-break” moment for tech regulation.

“Y’all have too much power, and it’s time for accountability,” declared Senator Josh Hawley (R-MO), echoing bipartisan frustration over tech giants’ dominance. The hearing, which lasted over five hours, covered everything from TikTok’s ties to China to allegations that Amazon unfairly prioritises its own products over third-party sellers.

Democrats, led by Senator Amy Klobuchar (D-MN), pushed for stricter antitrust laws, arguing that consolidation in the industry stifles competition. “When a handful of companies control the digital public square, that’s a threat to our democracy,” Klobuchar said. Meanwhile, Republicans zeroed in on claims of political bias, with Senator Ted Cruz (R-TX) accusing platforms of shadow-banning conservative voices.

The CEOs defended their companies, insisting they operate fairly. “We compete vigorously, but we also follow the law,” said Amazon’s Andy Jassy, while Meta’s Mark Zuckerberg reiterated his call for Congress to pass updated internet regulations.

Outside the hearing, protesters from both sides—some holding “Break Up Big Tech” signs, others chanting “Stop the Censorship”—highlighted the divisive nature of the debate. With midterms approaching, analysts say this issue could be a major flashpoint, especially as lawmakers draft new bills targeting Section 230 and data privacy standards.

As the gavel fell, one thing was clear: Washington isn’t backing down, and Silicon Valley’s free pass may be coming to an end.