Note. The government requested YouTube to take down content, YouTube decided that the content didn’t violate their policies, and made an independent decision.

They say so in (8) in the letter (PDF)

This is not the same as the FCC threatening ABC with their license.

Maybe im just dumb. But when I read “shrink the economy”, I thought it meant negative GDP growth. But they actually mean a 0.06%-pnt reduction in the positive GDP growth. i think they should have used a better word.