Current:Home > ContactForced sale of TikTok "absolutely could" happen before Election Day, Rep. Mike Gallagher says -MoneySpot
Forced sale of TikTok "absolutely could" happen before Election Day, Rep. Mike Gallagher says
View
Date:2025-04-19 02:56:25
Washington — Rep. Mike Gallagher, 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! (16278)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Some are leaving earthquake-rattled Wajima. But this Japanese fish seller is determined to rebuild
- Live updates | Blinken seeks to contain the war as fighting rages in Gaza and Israel strikes Lebanon
- Dutch anti-Islam lawmaker Geert Wilders has withdrawn a 2018 proposal to ban mosques and the Quran
- This was the average Social Security benefit in 2004, and here's what it is now
- Slain Hezbollah commander fought in some of the group’s biggest battles, had close ties to leaders
- Captain Jason Chambers’ Boating Essentials Include an Eye-Opening Update on a Below Deck Storyline
- Iowa Legislature reconvenes with subdued start ahead of presidential caucuses
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Paris names a street after David Bowie celebrating music icon’s legacy
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Horoscopes Today, January 8, 2024
- Q&A: Anti-Fracking Activist Sandra Steingraber on Scientists’ Moral Obligation to Speak Out
- Tax deadlines to keep in mind with Tax Day coming up
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Federal investigators can’t determine exact cause of 2022 helicopter crash near Philadelphia
- Volunteer search group finds 3 bodies in car submerged in South Florida retention pond
- Tiger Woods leaves 27-year relationship with Nike, thanks founder Phil Knight
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Travis Barker Reveals Strict But Not Strict Rules for Daughter Alabama Barker’s Dating Life
NBA commish Adam Silver talked Draymond Green out of retirement
Parents of Iowa teen who killed 1 and wounded 7 in shooting say they had ‘no inkling’ of his plan
The company planning a successor to Concorde makes its first supersonic test
'Mind-boggling': Firefighter charged after responding to house fire in another county, reports say
The return of bullfighting to Mexico’s capital excites fans and upsets animal rights groups
Paris names a street after David Bowie celebrating music icon’s legacy