Do we really need the federal government for common sense?

"The U.S. Senate’s Judicial Committee’s Subcommittee on the Constitution, led by Sen. Ted Cruz (R-TX), will host a hearing, titled “Stifling Free Speech: Technology Censorship and the Public Discourse,” which will address whether social media giant Twitter and other tech companies are censoring conservative speech, including the hit pro-life movie UNPLANNED." (Carmel Communications)

Do we want the government directly involved in managing a private business like cable stations and social media companies? Are they now public utilities? Cities and states stifle religious expression and thought through local regulations and laws (bakeries, restaurants, flower shops)--does the federal government need to pile on another layer? Are there tax adjustments the government can make to companies who violate our freedom of expression and religion?