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The House passed a foreign aid package Saturday as well as what's called the REPO Act, which would allow the Biden administration to confiscate billions of dollars’ worth of Russian assets sitting in U.S. banks and transfer them to Ukraine for reconstruction. Since mid-March, TikTok has spent $5 million on TV ads opposing the legislation, according to AdImpact, an advertising tracking firm. The ads have included a range of content creators, including a nun, extolling the positive impacts of the platform on their lives and arguing a ban would trample on the First Amendment. The company has also encouraged its users to contact Congress, and some lawmakers have received profanity-laced calls.

house of for sale

Congress passes bill that could unlock billions in frozen Russian assets for Ukraine

They said before the vote that they opposed unfettered aid to Israel that could be used in its offensive in Gaza. The opposition to the Israel aid represented a minority of Democrats, but reflected the deep resistance to unconditional aid and the divisions in the party on Gaza. Representative Jamie Raskin of Maryland represented a notable new “no” vote among Democrats, and other standouts included Representatives Donald S. Beyer Jr. of Virginia, Earl Blumenauer of Oregon and John Garamendi of California. Members of both parties, along with intelligence officials, have worried that Chinese authorities could force ByteDance to hand over American user data or direct the company to suppress or boost TikTok content favorable to its interests. TikTok has denied assertions that it could be used as a tool of the Chinese government and has said it has not shared U.S. user data with Chinese authorities. The bill’s quick path through Congress is extraordinary because it targets one company and because Congress has taken a hands-off approach to tech regulation for decades.

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This week’s properties are a five-bedroom in New Canaan, Conn., and a four-bedroom in Chappaqua, N.Y. Matt Bradley is a London-based foreign correspondent for NBC News and MSNBC. Amid the diplomatic maneuverings, one group in the background has been persistently applying pressure on members of Congress, the White House and G7 countries to move forward with the idea of confiscating the funds. One of the diplomatic challenges would be to persuade the other G7 countries to do the same. The idea to confiscate the Russian assets, which emerged last year, has been hotly contested by economists and foreign policy experts.

Take a video tour of Tony Parker's house, currently on sale for $16.5 million - KSAT San Antonio

Take a video tour of Tony Parker's house, currently on sale for $16.5 million.

Posted: Wed, 17 Apr 2024 07:00:00 GMT [source]

The House votes for possible TikTok ban in the US, but don’t expect the app to go away anytime soon

"I think (it's) really cool that every owner since has just kind of preserved her memory for the space," Putman said. The home at 2538 Sundown Drive is for sale at $2.3 million, listed by Compass agents Carl Gambino and Ariel Putman, and was recently shared on real estate fan account Zillow Gone Wild. Lawmakers have warned of the prospect of the Chinese government getting access to users’ data. TikTok has denied such a scenario, while emphasizing the fact that ByteDance’s investors include American investment entities. “Rest assured, we are not going anywhere,” he said, adding that they would challenge the law in the courts. "The bill buys time to figure out a real solution, while putting space between passage and the election."

"It's a very special house where people immediately get, you know, emotionally connected when they're there."

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WASHINGTON (AP) — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package, a priority for President Joe Biden with broad congressional support for Ukraine and Israel, fast-tracked the ban after an earlier version had stalled in the Senate. A standalone bill with a shorter, six-month selling deadline passed the House in March by an overwhelming bipartisan vote as both Democrats and Republicans voiced national security concerns about the app’s owner, the Chinese technology firm ByteDance Ltd.

Votes on the Foreign Aid Bills

NBC News reported that Biden’s presidential campaign plans to continue using the app, despite the new law. The president himself appeared in a social media video tied to Super Bowl Sunday. TikTok's algorithm, the secret sauce of the app, is owned by ByteDance. And during the Trump administration's campaign against TikTok, China added content-recommendation algorithms to its export-control list, meaning selling the technology would require the blessing of the Chinese government. National security officials in Washington have feared that the Chinese government could use TikTok to promote propaganda aimed at interfering in U.S. elections, or surveil some of the 170 million Americans who use the app every month.

TikTok has suggested that it would challenge the legislation in court, as it has waged a lobbying campaign focused on the notion that the potential ban would take away free speech rights of the platform’s creators. ByteDance has nine months to sell TikTok or face a ban, but the president can also extend that timeframe by three more months. Under the bill just passed by the House, TikTok would be given up to a year to find a company, or group of investors, to acquire it.

"The Chinese said very firmly this month at senior levels that they won't let the algorithm be sold and without it, it's an empty deal," Lewis told NPR. TikTok condemned the bill as an unconstitutional attack against the hugely popular service. New home communities often feature energy-efficient homes, which can help reduce monthly utility bills and environmental impact. New home communities include shared amenities such as parks and playgrounds, added security, a strong sense of community, and modern infrastructure. Given the fast pace of the current market, some properties may no longer be available at the time of publication.

For weekly email updates on residential real estate news, sign up here. Gambino said the Glassell Park area where the home is located is popular among artists, musicians and actors. Many people who fit the bill have come to see the house, but it has also attracted a wider range of potential buyers like a chef who would use it entertain, and other business people who are interested in the home as a piece of art. Still, a majority of the Republican caucus voted against additional aid to Ukraine, with 101 GOP members voting yes and 112 voting no. It's not known exactly how much TikTok is worth, but analysts peg its privately-owned parent company, ByteDance, at around $225 billion. TikTok is owned by Chinese tech giant ByteDance, yet there is no publicly available evidence that government officials have ever influenced what Americans see on the app, nor any proof that officials in China have spied on U.S. citizens through TikTok.

The House passed a long-stalled foreign aid package on Saturday that gives funding to Ukraine, Israel and Taiwan, with a majority of lawmakers backing money for American allies across the globe. The package, which now goes to the Senate, is almost certain to become law. The REPO Act, which would authorize Biden to confiscate the frozen Russian assets in U.S. banks and transfer them to a special fund for Ukraine, is part of the foreign aid package that was stalled for months in the House. More than $6 billion of the $300 billion in frozen Russian assets are sitting in U.S. banks.

Putman said the architect does not design much anymore, but she believes this is one of his greatest homes. Designed by LA architect William King and built in 1982, the listing comes with several gathering spaces in and around the home, with charming gardens, a wraparound deck and a garage that could be used as studio space. By providing your information, you agree to our Terms of Use and our Privacy Policy. We use vendors that may also process your information to help provide our services. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. “This is the sellout of America today,” she said, cursing once on air as she talked to Raju and other reporters live from the steps of the Capitol.

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