Unlike many other countries around the world, the United States has taken relatively little substantive action in the realm of platform governance, despite the United States being directly impacted by occurrences such as Russian interference in the 2016 election, domestic disinformation related to the 2020 election, the Cambridge Analytica data breach scandal and the ‘infodemic’ of misinformation that has accompanied the Coronavirus pandemic. Yet the past four years have involved numerous Congressional hearings on various aspects of platform governance and a multitude of bills have been introduced addressing a similarly wide range of platform governance issues. With so many indicators of potential government action over the past half-decade, but so few actual policy interventions, platform governance appears to be a prime example of a policy-making context in which symbolic actions are taking precedence over substantive actions. This article illustrates this dynamic through an analysis of recent platform governance developments in the United States.