Two things are happening and they are very much connected. Thing #1 is that the TikTok bill which would force ByteDance to sell is being fast-tracked and now has a real chance of making it through the Senate.
With the House of Representatives set to pass the TikTok bill as part of a major aid package over the weekend, the ball would be in the Senate’s court, where friction already seems much lower than it was in March, when the TikTok bill first moved through the House…
All of this looked far less urgent last month, when the U.S. Senate seemed ready to slow-roll any kind of forced sale — parking the bill in the Commerce Committee after the House overwhelmingly passed it in March.
This time around, the Senate can’t dodge the ball headed at them: The House’s TikTok bill was wrapped this week into a set of large aid and national security bills to support Ukraine, Israel and…
