What I would like is for Facebook to gatekeep "news" posted on its platform. Traditional media does this, it's called "the editorial process" and is--while not perfect--super effective. I'm not saying you can't post life updates or hot takes, but I am saying they shouldn't be mixed with news that's been through the editorial process and held to journalistic standards by professionals.

I would also like people who run ads libeling people to be subject to civil lawsuits, and for that Facebook would need PII for people who run advertisements. I don't know if they already have it; if they do great. They then need to make it available when a court asks for it.