Current:Home > reviewsTikTok ban bill is getting fast-tracked in Congress. Here's what to know. -TrueNorth Capital Hub
TikTok ban bill is getting fast-tracked in Congress. Here's what to know.
View
Date:2025-04-16 06:41:53
TikTok may be facing a crossroads sooner than later, with a divest-or-ban bill getting fast-tracked in Congress.
The bill, which would require TikTok's Chinese owner ByteDance either to sell the popular social media network or face a ban in the U.S., has been attached to an aid package for Ukraine and Israel, according to a memo issued by House Speaker Mike Johnson, a Republican from Louisiana.
"We expect the vote on final passage on these bills to be on Saturday evening," Johnson wrote in the memo to House Republicans.
"It is unfortunate that the House of Representatives is using the cover of important foreign and humanitarian assistance to once again jam through a ban bill that would trample the free speech rights of 170 million Americans, devastate 7 million businesses, and shutter a platform that contributes $24 billion to the U.S. economy, annually," a TikTok spokesperson told CBS News.
What is behind the TikTok divest-or-ban bill?
The bill's creation was sparked by concerns about the troves of personal user data collected by TikTok and ByteDance, which critics claim poses a national security threat, based on fears the information could be tapped by the Chinese government.
But others have questioned the constitutionality of targeting a single business, as well as the potential to harm Americans' free speech rights by taking away a popular social media platform.
What happened with the earlier bill?
The latest iteration of the TikTok bill comes after a prior effort was passed in the House but later became mired in the Senate.
Because this bill is attached to aid packages for Ukraine and Israel, it could find a swifter passage in Congress.
What is different about this TikTok bill?
There are some changes compared with the earlier bill. For one, the latest version gives TikTok's owner more time to divest, providing 9 months for a sale with the potential for an additional 3 month grace period, according to a copy of the bill released on Wednesday.
The earlier bill would have given ByteDance six months to divest TikTok or face a nationwide ban.
Aimee PicchiAimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.
TwitterveryGood! (28)
Related
- Trump's 'stop
- As Hurricane Michael Sweeps Ashore, Farmers Fear Another Rainfall Disaster
- Matthew McConaughey's Son Livingston Looks All Grown Up Meeting NBA Star Draymond Green
- In U.S. Methane Hot Spot, Researchers Pinpoint Sources of 250 Leaks
- Trump invites nearly all federal workers to quit now, get paid through September
- Lisa Rinna Reacts to Andy Cohen’s Claims About Her Real Housewives Exit
- Capturing CO2 From Air: To Keep Global Warming Under 1.5°C, Emissions Must Go Negative, IPCC Says
- Kelly Osbourne Sends Love to Jamie Foxx as She Steps in For Him on Beat Shazam
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Lupita Nyong'o Celebrates Her Newly Shaved Head With Stunning Selfie
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Ashley Graham Shares the Beauty Must-Have She Uses Morning, Noon and Night
- 1 person dead after tour boat capsizes inside cave along the Erie Canal
- I-95 collapse rescue teams find human remains in wreckage of tanker fire disaster in Philadelphia
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Jason Oppenheim Reacts to Ex Chrishell Stause's Marriage to G Flip
- New York City firefighter dies in drowning while trying to save daughter from rip current at Jersey Shore
- Why Alexis Ohanian Is Convinced He and Pregnant Serena Williams Are Having a Baby Girl
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
The Pope has revealed he has a resignation note to use if his health impedes his work
Because of Wisconsin's abortion ban, one mother gave up trying for another child
What’s at Stake for the Climate in the 2016 Election? Everything.
Meet first time Grammy nominee Charley Crockett
Kendall Jenner Shares Cheeky Bikini Photos From Tropical Getaway
Brothers Forever: The Making of Paul Walker and Vin Diesel's Fast Friendship
Save Time and Money Between Salon Visits With This Root Touch-Up Spray That Has 8,700+ 5-Star Reviews