The news comes after Facebook testified to the Senate Judiciary Committee on Tuesday that a Russian group posted more than 80,000 times on its service during and after the 2016 election, potentially reaching as many as 126 million users.
Twitter also told the committee that it has uncovered and shut down 2752 accounts linked to the same group, Russia's Internet Research Agency, which is known for promoting pro-Russian government positions.
That number is nearly 14 times larger than the number of accounts Twitter handed over to congressional committees three weeks ago, according to a person familiar with the matter.
Colin Stretch, Facebook's general counsel, told the Judiciary panel that 120 pages set up by Russia's internet Research Agency posted the material between January 2015 and August 2017. The company estimates that roughly 29 million people were directly "served" these items in their news feeds from the agency over that time period.
Some of those people received the posts because they liked one of the agency's pages, or because a Facebook friend liked or commented on a post. Others shared the Russia-linked posts, helping them spread widely.
Mr Stretch's prepared testimony, however, makes clear that many of the 126 million people reached this way may not have seen the posts.
These "organic" posts that appeared in users' news feeds are distinct from more than 3000 advertisements linked to the agency that Facebook has already turned over to congressional committees.
The ads - many of which focused on divisive social issues - pointed people to the agency's pages, where they could then like or share its material.
Facebook and Twitter - though not Google - have publicly outlined steps they are taking to give the public more information about who buys and who sees political advertising on their site.
The moves are meant to bring the companies more in line with what is now required of print and broadcast advertisers.
The issue goes far beyond ads. Fake news, fake events, propaganda and other misinformation spread far and wide on the platforms in 2016 without the need for paid advertisements.
But regulating online speech would be more difficult for US politicians.
In addition, analysts and online speech advocates have warned that policing internet election ads is not the same thing as doing so in print newspapers or on TV.
Automated advertising platforms allow basically anyone with an internet account and a credit card to place an ad with little or no oversight from the companies.
Facebook has said it is building machine learning tools to address this issue, but didn't provide details.