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There’s a new bipartisan bill to establish a new federal agency tasked with regulating online platforms.

The bill, sponsored by Sens. Elizabeth Warren (D-MA) and Lindsey Graham (R-SC), would create a new agency called the Digital Consumer Protection Commission that would be empowered to go after giant tech firms for a slew of anti-competitive behaviors and failing to protect consumer privacy.

“For years I have been trying to find ways to empower consumers against Big Tech,” Graham said in a statement Thursday. “I have heard too many stories from families who feel helpless in the face of Big Tech. Stories about children being bullied to the point of committing suicide. Human trafficking. Exploitation of minors. All the while the social…

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