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Democrats put up a big vote — 174 — in favor of this bill, which was intended to sweeten the overall package for conservatives. Echoing one of the many grievances shared by hard-right Republicans who opposed all of the aid measures, Mr. Good said his support for “Israel’s right to defend itself remains unshakeable” but that he disagreed with a measure that would add to the nation’s debt. The bill, which would force TikTok’s Chinese parent to sell the popular social media app, faces a difficult path in the Senate. An earlier version of this article incorrectly identified the political party of a group of representatives who notably voted “no” on new aid for Israel.
A Wild Castle House Is for Sale in Chevy Chase - Washingtonian
A Wild Castle House Is for Sale in Chevy Chase.
Posted: Fri, 26 Apr 2024 20:05:06 GMT [source]
Redfin Selling Options
More than $6 billion of the $300 billion in frozen Russian assets are sitting in U.S. banks. 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. The vote was the latest development in a yearslong cold war between the United States and China over who controls valuable technology from computer chips to artificial intelligence. Lawmakers and the White House have expressed concerns that TikTok’s Chinese ownership poses a national security risk because Beijing could use the app to gain access to Americans’ data or run a disinformation campaign. House lawmakers on Wednesday approved legislation meant to force ByteDance, the Chinese internet company, to sell its wildly popular social media app TikTok.
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The plan, laid out in a rule that passed on Friday, was concocted to capitalize on the pools of support for each part of the $95 billion package, while preventing opposition to any one piece from taking down all of them. 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. Michael McFaul, the former U.S. ambassador to Russia who has been lobbying for the REPO Act for months, clapped back at Caldwell’s assertion and said the use of Russian assets for Ukraine would send an important message to autocratic nations around the world. While there has been no evidence made public that Chinese government officials have accessed Americans' information through TikTok, the idea that China has the theoretical ability to weaponize an app used by half of America has been enough to set off an all-out crackdown.
U.S. TikTok Bill
The two-bed, two-bath home sits on a quarter-acre lot, and Putman boasted the gardens and terraces as a draw for potential buyers. Plus, it has a great view of the city, she said, making it the ultimate LA outdoor space. "I think (it's) really cool that every owner since has just kind of preserved her memory for the space," Putman said. "This is definitely the exact kind of house where you would dream," Gambino said in an interview with USA TODAY.
Many are worried that the Chinese government could demand the personal data of Americans from ByteDance and that, under Chinese law, ByteDance would have to comply. In a recent op-ed in The New York Times, contributing opinion writer Christopher Caldwell argued that it’s a “terrible idea” to confiscate the Russian funds because other countries might stop investing in the U.S., which could negatively affect the economy in the long run. The idea to confiscate the Russian assets, which emerged last year, has been hotly contested by economists and foreign policy experts. "The bill buys time to figure out a real solution, while putting space between passage and the election."
Senator Chuck Schumer of New York, the Democratic leader, has not yet committed to bringing it up for a vote. Matt Bradley is a London-based foreign correspondent for NBC News and MSNBC. “Other G7 countries will only act to confiscate Russian assets if the U.S. leads,” he Epshtein. “Your leadership through legislative action will increase the likelihood that the administration does what is necessary to confiscate Putin’s billions,” wrote Chairman Garry Kasparov and CEO Uriel Epshtein.
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The Renew Democracy Initiative, a Washington D.C.-based nonprofit organization promoting democracy and American interest overseas, sent a letter Friday urging Johnson and House Minority Leader Hakeem Jeffries, D-N.Y., to work together to get the REPO Act passed. “This could weaken the dollar’s status as the main global reserve currency. The dollar is probably the most valuable strategic asset the United States has,” Caldwell argued.
House approves sell-or-be-banned TikTok measure, attaching it to foreign aid bill
James Lewis, director of the technology and public-policy program at the Center for Strategic and International Studies, said that is a non-starter for Beijing. 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. 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. Creditors to Adler Group SA are set to take control of the company after the embattled landlord struggled to sell assets and repay debts against the backdrop of plunging prices.
United States House Passes Bill That Could Ban TikTok
"It's a very special house where people immediately get, you know, emotionally connected when they're there." 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.
While all Democrats voted in favor of aid to Ukraine and all but Ms. Tlaib supported funding to Taiwan, 37 left-leaning Democrats defected to vote against the Israel aid bill. 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. 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. Twenty-five Republicans voted against the fourth bill, which included measures that could lead to a ban on TikTok in the United States and that would redirect funds from seized Russian assets to help aid Ukraine.
Given that TikTok is one of the largest and most popular social media platforms in the world, its value would put it out of reach for all but the largest tech companies. 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. That extends the timeline from the six-month window the app was given in the original bill the House passed last month, which some Senators said was too short. It would mark the first time ever the U.S. government has passed a law that could shut down an entire social media platform, setting the stage for what is expected to be a protracted legal battle. The House on Saturday passed legislation that could trigger a nationwide ban of TikTok if its Chinese owner does not sell the video app. Russian President Vladimir Putin and his government invested heavily in the euro and the dollar over the years to keep the ruble stable, planting $300 billion worth of foreign currency reserves.
