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Pelosi backs adding TikTok government device ban to funding bill

By David Shepardson WASHINGTON (Reuters) -U.S. House Speaker Nancy Pelosi supports adding legislation passed by the Senate this week, which would bar federal government employees...
Pelosi backs adding TikTok government device ban to funding bill © Reuters. FILE PHOTO: U.S. House Speaker Nancy Pelosi (D-CA) announces that she will remain in Congress but will not run for re-election as Speaker after Republicans were projected to win control of the House of Representatives, on the floor of the House Chamber of

By David Shepardson

WASHINGTON (Reuters) -U.S. House Speaker Nancy Pelosi supports adding legislation passed by the Senate this week, which would bar federal government employees from using Chinese-owned TikTok on government-owned devices, to a government funding bill.

A spokesman for Pelosi confirmed a report by news website Punchbowl that she supports including the TikTok provision in legislation to fund the government that the House of Representatives is set to take up next week.

Pelosi's support, along with that of Representative Kevin McCarthy, the top House Republican, significantly boosts the chances the provision will be adopted next week.

The Senate on Wednesday voted to bar federal employees from using the Chinese-owned video app on government-owned devices. It was the latest action by U.S. lawmakers to crack down on Chinese companies amid national security fears that Beijing could use them to spy on Americans.

TikTok has said the concerns are largely fueled by misinformation. The legislation would not affect the more than 100 million Americans who use TikTok on private or company-owned devices.

Many federal agencies, including the White House and the Defense, Homeland Security and State departments, already ban TikTok from government-owned devices.

If the House approves its TikTok provision, the Senate would have to add a similar ban to its version of the spending bill before sending it on to President Joe Biden for his signature.

White House spokeswoman Karine Jean-Pierre on Thursday declined to say whether Biden would support TikTok legislation. "We're going to let Congress move forward with their process," she said.

Also on Thursday, New Hampshire Governor Chris Sununu and Wyoming Governor Mark Gordon said their states were joining Georgia, North Dakota, Idaho and Iowa this week and a growing number of U.S. states in banning ByteDance Ltd-owned TikTok from state-owned devices amid concerns that data could be passed on to the Chinese government.

In 2020, Republican then-President Donald Trump attempted to block new users from downloading TikTok and to ban other transactions that would have effectively blocked the app's use in the United States but lost a series of court battles over the measure

The U.S. government Committee on Foreign Investment in the United States (CFIUS), a powerful national security body, has for months sought to reach a national security agreement to protect the data of U.S. TikTok users, but it appears no deal will be reached before year's end.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

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Indicators:

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EUR/USD

1.0658

-0.0008 (-0.07%)

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↑ Sell

Moving Avg:

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Buy (9)

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AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

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USD/CAD

1.3780

+0.0003 (+0.03%)

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↑ Buy

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EUR/JPY

168.32

+0.10 (+0.06%)

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↑ Buy

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Gold Futures

2,295.80

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Silver Futures

26.677

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Copper Futures

4.5305

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85.62

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US Coffee C Futures

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Euro Stoxx 50

4,920.55

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S&P 500

5,035.69

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DAX

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FTSE 100

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Hang Seng

17,763.03

+16.12 (+0.09%)

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US Small Cap 2000

1,973.05

-42.98 (-2.13%)

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IBEX 35

10,854.40

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BASF SE NA O.N.

49.155

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Bayer AG NA

27.35

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266.60

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Adidas AG

226.40

-5.90 (-2.54%)

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Deutsche Lufthansa AG

6.714

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Neutral

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Siemens AG Class N

175.90

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Deutsche Bank AG

15.010

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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SJC Eximbank8,300/ 8,500
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Cập nhật 01-05-2024 10:45:19
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EUR26.475,3627.949,19
GBP30.873,5232.211,36
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KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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