Sens. Mark Warner (D-Va) and John Thune (R-SD) introduced a bipartisan bill Tuesday giving President Biden greater power to regulate and sanction China-affiliated companies, including social media giant TikTok.
Why it matters: Interest in TikTok-related legislation is high on Capitol Hill for both parties, as TikTok's national security deal being determined by the Committee for Foreign Investment in the United States remains unfinished.
