Republican lawmakers are under pressure to pass a bill that could ban TikTok in the United States.
A Republican megadonor threatened to cut off campaign contributions to Republicans in Congress unless they support a bill that could ban TikTok in the U.S.
On Wednesday, the House is expected to pass a bill to force TikTok's parent company, China-based ByteDance, to sell off the social media platform. Supporters of the bill say ByteDance's continued ownership of TikTok and its troves of user data pose a national security threat to the United States. In February, Rabois gave $500,000 to the Congressional Leadership Fund, a political action committee that backs House Republican candidates, according to
announced he opposed the measure. The presumptive Republican presidential nominee was joined by Tesla CEO and billionaire Elon Musk, who also criticized the legislation."On the Senate, it will be up to the Democrat Leader to bring it to the floor. If he does, we will have a clear voting record" of where each senator stands on the issue, Rabois told CNBC.would have just six months to sell off TikTok, before the app is banned from American app stores and web hosting sites.
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