"Congress Expedites TikTok Divestment Bill Amid Diplomatic Talks and Foreign Aid Bundling"
Originally Published 1 year ago — by Bloomberg
Congress is fast-tracking a bill aimed at forcing TikTok's Chinese parent company, ByteDance Ltd., to divest its ownership stake, with plans to include the legislation in an aid package for Ukraine and Israel. The Senate is expected to swiftly take up the measure, and President Joe Biden has pledged to sign it immediately.