Latest version of House TikTok bill gets crucial support in Senate
CBSN
Washington — Sen. Maria Cantwell, a key senator who has held up legislation regulating TikTok endorsed the House's latest version of a measure that could lead to a ban of the social media app in the U.S.
Cantwell, a Democrat from Washington, announced her support late Wednesday for an updated measure that would force TikTok's Chinese parent company to divest of the widely popular short-form video platform within one year.
The legislation is included in House Speaker Mike Johnson's four-part foreign aid plan, which also involves wartime assistance for Ukraine and Israel. The updated version extends the six-month window ByteDance would have to sell its stake in the company or lose access to app stores and web-hosting services in the U.S. to nine months, with the possibility of a three-month extension.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.