“I think the fine is not big enough,” Hawley said, adding, “this is a slap on the wrist at best.”
The GOP-controlled agency approved the settlement on a party-line vote to end an investigation into the company’s role in the Cambridge Analytica data scandal, people familiar with the matter have said. The Justice Department must approve the deal, which hasn’t been made public.
“A $5 billion fine is essentially a slap on the wrist for a company with a $500 billion dollar market cap,” Blackburn said.
Blackburn said lawmakers should “put guardrails in place for how these companies can handle and process your data. She plans to convene a Senate Judiciary tech task force on July 18 to discuss privacy legislation.
Blackburn has introduced a bill (