Current:Home > FinanceForced sale of TikTok "absolutely could" happen before Election Day, Rep. Mike Gallagher says -Aspire Money Growth
Forced sale of TikTok "absolutely could" happen before Election Day, Rep. Mike Gallagher says
View
Date:2025-04-24 23:30:50
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! (257)
Related
- Travis Hunter, the 2
- The myth of the money spider and the power of belief credited for UK woman's lottery win
- Apple event 2023 recap: iPhone 15 price, colors announced; Apple Watch Series 9 unveiled
- Spain’s Andalusia region will expand the Doñana wetlands park. Critics applaud but want more action
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Alabama walk-on football player arrested on sodomy charge
- European Union to rush more than $2 billion to disaster-hit Greece, using untapped funds
- EU lawmakers approve a deal to raise renewable energy target to 42.5% of total consumption by 2030
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Remains of U.S. WWII pilot who never returned from bombing mission identified with DNA
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Demi Lovato’s 2023 VMAs Red Carpet Look Proves There’s Nothing Wrong With Being Confident
- Families ask full appellate court to reconsider Alabama transgender care ban
- Grimes Says Clueless Elon Musk Sent Around Photo of Her Having C-Section With Son X
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Meghan Markle’s Update About Archie and Lili Is Sweet as Sugar
- Industrial policy, the debate!
- Supporters of Native activist Leonard Peltier hold White House rally, urging Biden to grant clemency
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
These tech giants are at the White House today to talk about the risks of AI
MGM Resorts properties in US shut down computer systems after cyber attack
Prescription opioid shipments declined sharply even as fatal overdoses increased, new data shows
Trump's 'stop
The 2023 MTV VMAs are here: How to watch, who is performing and more
Body found in northwest Arizona identified 27 years later as California veteran
Gun-rights advocates protest New Mexico governor’s order suspending right to bear arms in public