financetom
Business
financetom
/
Business
/
More than 50 US lawmakers, 21 states back DOJ in TikTok lawsuit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
More than 50 US lawmakers, 21 states back DOJ in TikTok lawsuit
Aug 2, 2024 4:37 PM

WASHINGTON (Reuters) - A group of 21 states and more than 50 U.S. lawmakers on Friday backed the Justice Department in its defense of a law that requires China-based ByteDance to sell TikTok's U.S. assets by Jan. 19 or face a ban.

"TikTok is a threat to national security and consumer privacy," said a court filing led by the state attorneys general of Montana and Virginia. "Allowing TikTok to operate in the United States without severing its ties to the Chinese Communist Party exposes Americans to the risk of the Chinese Communist Party accessing and exploiting their data."

A group of more than 50 lawmakers led by U.S. Representative John Moolenaar, a Michigan Republican and chair of the House select China committee and the panel's top Democrat Representative Raja Krishnamoorthi, said in a separate filing the law "provides a clear, achievable path for affected companies to resolve the pressing and non-hypothetical national security threats posed by their current ownership structures."

TikTok and parent company ByteDance and a group of TikTok creators have filed suits to block the law that could ban the app used by 170 million Americans.

The U.S. Court of Appeals for the District of Columbia will hold oral arguments on the legal challenge on Sept. 16, putting the fate of TikTok in the middle of the final weeks of the 2024 presidential election.

The congressional filing was signed by House Majority Leader Steve Scalise, a Republican, former House Speaker Nancy Pelosi, and Republican Senator Marco Rubio and Frank Pallone, top Democrat on the Energy and Commerce Committee. "Congress acted not to punish ByteDance, but to protect national security," the lawmakers wrote.

TikTok said "these filings ignore the fact that Congress passed the TikTok ban with no record supporting the government's claims. Moreover, these filings do nothing to change the fact that the Constitution is on our side as the TikTok ban would violate the First Amendment rights of 170 million Americans who use TikTok."

Driven by worries among U.S. lawmakers that China could access data on Americans or spy on them with the app, the measure was passed overwhelmingly in the U.S. Congress in April just weeks after being introduced.

The Justice Department last week asked a U.S. appeals court to reject legal challenges to the law saying "the serious national-security threat posed by TikTok is real."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
VISION HEALTHCARE ACQUIRES SVENSKT AND NEW CARE, LEADING PROVIDERS OF HIGH-QUALITY SUPPLEMENTS IN SWEDEN AND THE NETHERLANDS
VISION HEALTHCARE ACQUIRES SVENSKT AND NEW CARE, LEADING PROVIDERS OF HIGH-QUALITY SUPPLEMENTS IN SWEDEN AND THE NETHERLANDS
Nov 20, 2025
NEW YORK, Nov. 20, 2025 /PRNewswire/ -- Vision Healthcare (Vision), a fast-growing European consumer healthcare platform, recently completed acquisitions of Svenskt Kosttillskott (Svenskt), a leading Swedish e-commerce player for health and nutrition products, and New Care Supplements BV (New Care), a Dutch health supplement brand. Vision is a portfolio company of Avista Healthcare Partners (Avista), a leading middle-market healthcare private equity...
Pinnacle Financial Corporation and Morris State Bancshares Jointly Announce Partnership to Form a Leading Georgia Community Bank
Pinnacle Financial Corporation and Morris State Bancshares Jointly Announce Partnership to Form a Leading Georgia Community Bank
Nov 20, 2025
ELBERTON, Ga. and DUBLIN, Ga., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Pinnacle Financial Corporation (“Pinnacle”), the holding company for Pinnacle Bank, and Morris State Bancshares, Inc. ( MBLU ) (“Morris”) , the holding company for Morris Bank, jointly announced today a strategic combination of two of Georgia’s strongest community banks. Based upon each company’s financial condition as of September 30,...
Commerzbank Isn't Upbeat on Mexico's Peso
Commerzbank Isn't Upbeat on Mexico's Peso
Nov 20, 2025
07:15 AM EST, 11/20/2025 (MT Newswires) -- The Mexican peso (MNX) has performed impressively this year, lagging behind only a few other currencies, said Commerzbank. Above all, the good relationship between the Mexican president and her United States counterpart has bolstered the currency by pricing out major tariff risks, wrote the bank in a note to clients. Nevertheless, Commerzbank remains...
MiniLuxe Q3 Net Loss Widens
MiniLuxe Q3 Net Loss Widens
Nov 20, 2025
07:16 AM EST, 11/20/2025 (MT Newswires) -- MiniLuxe Holding ( MNLXF ) overnight Wednesday reported a widened net loss in the third quarter, despite an increase in its revenue. For the 13 weeks ended Sept. 28, the company reported net loss of US$2.2 million, compared with $1.7 million, a year earlier. Revenue increased to US$7.3 million in the quarter, compared...
Copyright 2023-2026 - www.financetom.com All Rights Reserved