Social media platforms have become a marketplace for virtually everything: from personal preferences, buying and selling, to propaganda, news, business, sports, gaming, friendships, addictions, revolutions, conspiracies, and even extremist groups like Al Qaeda. It is a hub for freedom fighters, populists, liberals, and more—all accessible to users without charge. But while social media may appear free, the hidden costs for users are steep. Corporations behind these platforms generate billions in profit, prioritizing their financial interests over the well-being of their users. As concerns grow over user exploitation, privacy violations, and the unchecked power of social media giants, a pressing question arises: Should governments step in to safeguard users and regulate these corporations? This chapter critically examines the tools and strategies available to the U.S. Congress, exploring legislative options to address the balance between corporate profits and user protection. By considering the broader implications of regulation, this chapter highlights the need for a nuanced approach to foster accountability while preserving digital freedom.