I told @SquawkCNBC that giving the CCP access to 100M+ Americans is insane. Some of my smart friends are concerned the House bill will be abused. This was my issue with the original Restrict Act — which I opposed. This bill is different; Senate should mark it up and pass it!🧵
We are a sovereign nation. We’ve had laws regulating foreign influence in the US since our founding. We’ve forced CCP-controlled apps to sell before! We force people to register as foreign agents under FARA. We have CFIUS.
@JTLonsdale @committeeonccp @SquawkCNBC Why? What about CCP infiltration of universities? Ownership of farmland, meat industry? CCP crossings at the border, fentanyl production? If you’re truly worried about CCP espionage why not reinstate the China Initiative - a program to counter domestic espionage by China?
@JTLonsdale @SquawkCNBC Version as written expands presidential power far too much and puts X and Meta at risk. Narrowly tailor the bill to TikTok and its relationship with the CCP.