Current:Home > FinancePoinbank Exchange|Forced sale of TikTok "absolutely could" happen before Election Day, Rep. Mike Gallagher says -Capitatum
Poinbank Exchange|Forced sale of TikTok "absolutely could" happen before Election Day, Rep. Mike Gallagher says
Poinbank Exchange View
Date:2025-04-09 06:23:18
Washington — Rep. Mike Gallagher,Poinbank Exchange a Wisconsin Republican, said on Sunday that the forced sale of TikTok "absolutely could" happen before November's election, as legislation that would demand the sale — or ban the app altogether — makes its way through Congress.
"The closer we get to an election, the risk just gets greater and greater," Gallagher said on "Face the Nation" on Sunday of the threat posed by the widely popular video-sharing app.
- Transcript: Reps. Raja Krishnamoorthi and Mike Gallagher on "Face the Nation," March 17, 2024
TikTok has for years been under fire by U.S. officials amid warnings that China's government could gain access to its data and use it to manipulate or spy on Americans. But a renewed push against the app gained momentum last week, as the House approved legislation that would compel the company to either sell the app within six months or be banned from U.S. app stores.
Gallagher, who spearheaded the bill, noted that "it would be in the financial interest of ByteDance's investors to effectuate before sale," saying that the user experience of the app would likely improve with the decreased concern of propaganda should the company move away from China-based ownership, causing TikTok to increase in value.
On the risks that TikTok could pose to Americans, Rep. Raja Krishnamoorthi, an Illinois Democrat, said "this is a different type of threat than we've seen before." He noted that TikTok differs from other social media platforms because it's effectively controlled by a foreign adversary. And lawmakers in the House widely seem to agree, as the legislation saw significant bipartisan support just last week. But whether the Senate agrees remains to be seen.
Krishnamoorthi noted that he's had "very positive" conversations with senators who he says are "very interested in this bill and who were very surprised by the size or the margin of the overwhelming bipartisan support in the House." But how quickly Senate leadership decides to act on the bill is an open question.
Kara Swisher, a business and tech journalist who appeared separately Sunday on "Face the Nation," noted that "there's a lot of people who would buy" TikTok, like the owners of Microsoft, Meta, Apple or a consortium of companies. But she said the question will revolve around what exactly they're buying, noting that the algorithm behind the app will likely remain in China's control.
"What do you buy precisely because the algorithm's not coming with this company, the Chinese government would never let that happen," Swisher said. "You're buying 170 million say U.S. users and a great brand. But the algorithm isn't there."
Kaia HubbardKaia Hubbard is a politics reporter for CBS News Digital based in Washington, D.C.
TwitterveryGood! (4958)
Related
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Elderly couple found dead in South Carolina bedroom after home heater reached 1,000 degrees
- Court again delays racketeering trial against activist accused in violent ‘Stop Cop City’ protest
- Ex-Norwich University president accused of violating policies of oldest private US military college
- JoJo Siwa reflects on Candace Cameron Bure feud: 'If I saw her, I would not say hi'
- Ancient letter written by Roman emperor leads archaeologists to monumental discovery in Italy
- Securities and Exchange Commission's X account compromised, sends fake post on Bitcoin ETF
- Pat McAfee announces Aaron Rodgers’ appearances are over for the rest of this NFL season
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- See how every college football coach in US LBM Coaches Poll voted in final Top 25 rankings
Ranking
- 51-year-old Andy Macdonald puts on Tony Hawk-approved Olympic skateboard showing
- YouTuber Trisha Paytas Reveals Sex of Baby No. 2 With Husband Moses Hacmon
- National power outage map: Over 400,000 outages across East Coast amid massive winter storm
- New Tennessee House rules seek to discourage more uproar after highly publicized expulsions
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Missouri lawsuit accusing China of hoarding pandemic gear can proceed, appeals panel says
- $350 for Starbucks x Stanley quencher? Fighting over these cups isn't weird. It's American.
- Police investigation finds Colorado U.S. Rep. Lauren Boebert didn’t punch ex-husband as he claimed
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
18-year-old accused of shooting man 15 times, hiding body in air mattress: Court docs
Germany approves the export of air-defense missiles to Saudi Arabia, underlining a softer approach
GOP-led House Judiciary Committee advances contempt of Congress resolution for Hunter Biden
North Carolina justices rule for restaurants in COVID
Tribal flags celebrated at South Dakota Capitol, but one leader sees more still to do
Tonight's Republican debate in Iowa will only include Nikki Haley and Ron DeSantis. Here's what to know.
Looking for a cheeseburger in paradise? You could soon find one along Jimmy Buffett Highway