U.S. likely to enact a law soon that could ban TikTok nationwide [MSNBC.com]
Comcast Corporation - Class A (CMCSA)
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Source: MSNBC.com
WASHINGTON — Legislation that could ban TikTok in the U.S. unless it cuts ties with its Chinese parent company is on a path to quickly get to President Joe Biden’s desk and be signed into law.The bill, which has the backing of Biden and key members of Congress, would allow the administration to ban the popular video-sharing app nationwide if it does not divest from China-based ByteDance within one year.A similar bill already passed the House in a lopsided, bipartisan 352-65 vote in March. But it’s been stalled in the Democratic-controlled Senate, where Commerce Chairwoman Maria Cantwell, D-Wash., had been looking to put her mark on the bill.Now, the House is planning to package a slightly revised TikTok bill with billions in foreign aid for Ukraine, Israel and Taiwan, all but guaranteeing the potential TikTok ban will become law.Under the strategy used by Speaker Mike Johnson, R-La., the House plans to pass the combined foreign aid and TikTok package Saturday night and send it to the
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CMCSA
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- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website