Treasury Secretary Janet Yellen warned that the Chinese-owned video-sharing app TikTok poses “legitimate national security concerns” to the United States.
FCC Commissioner Brendan Carr explains why TikTok is a 'serious national security threat' on 'Varney & Co.'
Treasury Secretary Janet Yellen on Wednesday warned that the Chinese-owned video-sharing app TikTok poses "legitimateTikTok is owned by ByteDance, a company based in Beijing. U.S. officials and lawmakers have warned that the Chinese Communist Party could compel the company to turn over American users’ data or expose them to propaganda.
TikTok and ByteDance are currently under investigation by the Treasury Department's Committee on Foreign Investment in the U.S. , which evaluates national security risks associated with foreign-owned companies operating in the U.S. or foreign investments in American companies.Yellen, during the New York Times Dealbook Summit in New York on Tuesday, said she believes there are "legitimate national security concerns" with regard to TikTok.
While Biden administration officials and lawmakers are issuing stark warnings about TikTok, former Secretary of State Mike Pompeo began sounding the alarm on the video-sharing app in 2020.The Trump administration proposed a ban on TikTok over concerns that the app exposed Americans to having their personal information sent straight to the Chinese government.
Pompeo, a Fox News contributor, said earlier this month the government "100%" should ban TikTok, calling it "a powerful tool with deeply embedded AI" and warning that it is "an element of the Chinese security apparatus." to U.S. economic and national security.
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