A push to ban TikTok in the U.S. picks up more support on Tuesday in Washington. A ban on the popular short-video platform could help U.S. social-media players, according to a recent note from analysts at Height Capital Markets.
A push to ban TikTok in the U.S. picked up more supporters on Tuesday, with the Biden White House and a bipartisan group of 12 senators offering their endorsements.
During a news conference on Tuesday, Democratic Sen. Mark Warner of Virginia, Republican Sen. John Thune of South Dakota and other senators emphasized that their RESTRICT Act isn’t just about blocking TikTok, but rather it’s about having a broad strategy to protect national security. The measure would give Commerce Secretary Gina Raimondo new abilities to ban foreign technologies on national-security grounds.
TikTok CEO Shou Zi Chew is slated to make his first appearance before a congressional committee on March 23, when he testifies before the House Energy and Commerce Committee. During Tuesday’s news conference, Warner was asked about a recent comment about a potential TikTok ban made by Raimondo, who said: “The politician in me thinks you’re gonna literally lose every voter under 35, forever.”
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