The bipartisan bill represents what could be the most achievable legislative solution to address national security concerns posed by TikTok.
and other companies subject to influence from foreign adversaries that could threaten national security.
A bill introduced on Monday would establish a new, unified framework for reviewing and addressing foreign technology. Under the measure, the Commerce Department would have the authority to review, block or otherwise mitigate a range of transactions involving foreign information and communications technology products and services.
The legislation, called the RESTRICT Act, also empowers Commerce Department Secretary Gina Raimondo to recommend to the president divestiture orders, which could include forcing ByteDance to sell TikTok. of foreign-owned companies are not mentioned in the bill, but such measures are in play under far-reaching language directing the department to “deter, disrupt, prevent, prohibit and mitigate” risks arising from foreign adversaries.
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