Divestment or Take Over ?
The legislative week has come to a close and will resume Monday, March 11, 2024.
H.Res. 1051 was sent to the House Energy and Commerce Committee and what has emerged are the following pieces of potential legislation:
H.R. 7520, the Protecting Americans’ Data from Foreign Adversaries Act of 2024
H.R. 7521, the Protecting Americans from Foreign Adversary Controlled Applications Act
About H.R. 7521 here are a few excerpts from Chair Cathy McMorris Rodgers (R-WA)...
“The bill takes a two-pronged approach.
“First, it requires Bytedance to divest TikTok and other applications it controls within 180 days after enactment of the bill, or those apps will be prohibited in the United States.
“Second, this bill creates a narrow process to allow the Executive Branch to prohibit access to an application that is owned by a foreign adversary if it poses a threat to national security.
“This is NOT a blank check for the Biden administration, or future administrations, to ban whatever apps they want.
“The Executive agencies, including the national security agencies and the Committee on Foreign Investment in the United States, must agree that a foreign adversary-controlled application poses a threat to national security.
“The threat to national security must be well documented. The public must be notified. And the information must be presented to Congress, at which point the President may make a determination that a foreign adversary-controlled application must be divested or face prohibition in the United States.
“This prohibition can only be applied to applications controlled by a ‘foreign adversary,’ which the bill defines as China, Russia, Iran, and North Korea.”
This is just the early stages of the legislative process.
Below you will find the links to the bills and to the Energy and Commerce Committee's hearing.
Bills at congress.gov :
House Energy & Commerce Committee:
Homepage: https://energycommerce.house.gov/
The topics below are consolidated at the following link:
https://energycommerce.house.gov/search?q=tiktok&offset=0
Chair Rodgers: “We Have Given TikTok a Choice: Divest or Face a Ban”
Experts Agree: ByteDance is Beholden to the CCP and Cannot Be Allowed to Exploit Americans' Data
Top Things to Know: Protecting American Data and National Security from Foreign Adversaries
Chair Rodgers: “Foreign Interference and Manipulation is Not Welcome Here”
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