Trump’s new venture

The former president has announced the launch of a new social media company, "TRUTH Social." ABC News’ Andrew Dymburt has more.
1:43 | 10/21/21

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Transcript for Trump’s new venture
Former President Donald Trump is preparing to launch his own social media network called truth social. Trump says he's creating the network to stand up to the tyranny of big tech. The former president adding we live in a world where the Taliban has a huge presence on Twitter. Yet your favorite American president has been silenced. This is unacceptable since January's attack on the Capitol. Major social media sites have banned Trump, citing fears he could incite further violence. The announcement comes as the investigation into the attack takes a major step forward. The full house is expected to vote today in favor of holding former Trump advisor Steve Bannon in contempt of Congress for defying a subpoena from the committee investigating the riot. The vote is expected to pass. The Justice Department will then decide whether to charge Bannon. The Rules Committee will come to order. At a hearing Wednesday, Republicans testified against holding Bannon in contempt, including Congressman Jim Jordan, who was asked about his own communication with President Trump on January 6. Of course, I talked to the president. I talked to him that day. I've been clear about that. I don't recall the number of times, but it's not about me. I know you want to make it about that. During one heated exchange at the hearing, Congressman Matt Gaetz would not admit that President Biden fairly won the election. Do you accept that Joe Biden won the 2020 presidential election? I accept that Joe Biden is the president. Do you accept that he won the election by more than seven million votes and defeated Donald Trump by 306 to 232 in the electoral college, a margin that Donald Trump called a landslide when he beat Hillary Clinton by the same numbers? I think that our election was uniquely polluted by these indiscriminate mail in ballots. As for Trump's social media network, it's expected to launch next month by invite only with a public rollout sometime next.

This transcript has been automatically generated and may not be 100% accurate.

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