That's insane. We're talking about the government threatening a station if they air an interview with a political rival.
My understanding (please correct me if it's incorrect) is that the "worst-case" scenario for a broadcaster is that they may have to upload a record of political air time to a public file.
If an opposing candidate sees this, they can then request equal air time from that broadcaster.
The rule is in place so that one party or viewpoint can't dominate broadcast media. That's a good thing right?
The rule change here is that traditionally "bona fide" news programs have been, by default, issued an exception to the rule. That has spawned a bunch of "pseudo-news" shows that have also been claiming this exception. Here, the FCC is now saying "hey, you don't just automatically get granted an exception to the rule and get to call yourself a bona fide news program if you're not actually one"". That seems completely reasonable to me.
Broadcast media is held to this FCC standard because they are granted a monopoly for a broadcast spectrum, and it isn't physically possible for a competitor to broadcast on the same spectrum. Streaming etc... doesn't need to follow these rules.
I do think it's wrong that talk radio doesn't seem to be held to the same standard, though.
This is a terrifying level of chilling effects. What are we to consider about our nation at this point? "Free speech" has long been a term with contested definitions, but this certainly sounds like its death in every sense.
Tbh, in this case the fault lies more with CBS for obeying in advance. The FCC hasn't actually made the rule change yet.