Twitter CEO stands by fact-check on Trump's tweets as the White House prepares an executive order on social media bias - CNBC

Twitter CEO Jack Dorsey said he stands by the company's decision to fact-check two tweets by President Donald Trump, even as it has attracted intense criticism by Trump and his allies.

The statement comes as the White House is preparing an executive order that would target social media companies for alleged bias in their content moderation strategies.

In a series of Tweets late Wednesday, Dorsey addressed the firestorm created by the company's decision to label Trump's tweets with a fact-check for the first time.

Twitter on Tuesday  added a link under two of Trump's tweets about mail-in ballots that said, "Get the facts about mail-in ballots." When clicked, the links directed users to a page that said, in part, "Trump falsely claimed that mail-in ballots would lead to 'a Rigged Election.' However, fact-checkers say there is no evidence that mail-in ballots are linked to voter fraud.".

Dorsey on Wednesday stood by his stance that Trump's tweets "may mislead people into thinking they don't need to register to get a ballot (only registered voters receive ballots)," but said Twitter would update the link on the tweets "to make this more clear.".

Dorsey's statement came shortly after the White House said Trump would sign an executive order about social media companies on Thursday.

According to a draft of the order obtained by CNBC, Trump would direct the Federal Communications Commission to propose and clarify regulations of Section 230 of the Communications Decency Act.

The statute targeted in the executive order is commonly criticized by lawmakers across the political spectrum for shielding Big Tech companies from liability for their users' content.

Social media companies like Twitter and Facebook have vigorously denied such accusations.