Sen. Rand Paul on Wednesday said banning TikTok will dash his fellow Republicans' chances of winning elections for years as the congressional debate over fresh restrictions on the China-founded app heats up.
is owned by global institutional investors, with 20% owned by the company’s founders and 20% by employees.
Mr. Chew’s testimony failed to persuade Democratic and Republican lawmakers from giving up on trying to restrict his app. A coalition of 18 senators, with equal representation of Democrats and Republicans, have proposed a law to give President Biden the legal authorization to ban TikTok. Mr. Biden has yet to publicly say whether he’s for banning the app nationally, but the effort led by Sens. Mark R. Warner, Virginia Democrat, and John Thune, South Dakota Republican, seeks a process to let him do so.
Sen. Josh Hawley, Missouri Republican, spearheaded an effort to remove TikTok from government devices last year. That passed Congress and was signed by Mr. Biden. Mr. Hawley is planning to push this week for a Senate vote for a nationwide ban on TikTok, according to Punchbowl News.
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