White House endorses new Senate TikTok bill, urges Congress to pass it 'quickly'
Publishing timestamp: 2023-03-07 20:14:28
Summary
The White House has backed a new bipartisan Senate bill that would give the Biden administration the power to ban TikTok in the US. The RESTRICT Act would allow the Commerce Secretary to review deals, software updates, or data transfers by information and communications technology in which a foreign adversary has an interest. If the transaction poses an "undue or unacceptable risk" to US national security, it can be referred to the president for action, including forced divestment. The bill does not single out individual companies but creates a new framework for evaluating risks.
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