The decision whether Donald Trump will be let back on Facebook (FB) will be revealed Wednesday, four months after the former president was thrown off the social network for urging supporters to march on the U.S. Capitol on Jan. 6.
The decision whether to lift the Trump Facebook ban has been made by the recently created Facebook Oversight Board. The social media giant designed the group as an independent committee allowing users to appeal Facebook rulings.
Funded by a $130 million trust created by Facebook, the board says it is an independent and neutral third party that decides whether important Facebook decisions were “made in accordance with its stated values.”
Facebook was the first major social media platform to suspend Trump indefinitely in the wake of the Jan. 6 attack on the Capitol. The choice brought both wide praise and criticism.
Trump Facebook Ban Praised And Criticized
Twitter (TWTR) stock fell 6.4% the day it announced a permanent ban of Trump, which followed Facebook by a day. However, Twitter has been clear in saying it will not allow Trump back on its platform. Trump had 88.8 million followers on Twitter, which he used vociferously on a daily basis. In addition, he has 35 million Facebook followers.
However, Facebook must follow the board’s ruling.
YouTube also suspended Trump’s account. The unit of Alphabet (GOOGL) said it will reverse its ban only after “the risk of violence has decreased.” In addition, Snap (SNAP) permanently banned Trump on Snapchat Jan. 13.
A decision to remove the Trump Facebook ban would provide him with a megaphone he has lacked for months.
The board currently consists of 20 people from around the world. It includes experts in journalism, constitutional law, a Nobel Peace Prize laureate, as well as experts in misinformation, freedom of speech, extremism and human rights.
Facebook stock dipped 0.8%, closing at 322.58 on the stock market today.
Please follow Brian Deagon on Twitter at @IBD_BDeagon for more on tech stocks, analysis and financial markets.
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