Biden's infrastructure plan gets mixed review: poll
Video Credit: Reuters - Politics - Duration: 02:06s - Published
Biden's infrastructure plan gets mixed review: poll
President Joe Biden’s $2 trillion infrastructure plan is loaded with road repairs, internet upgrades and other initiatives that are widely popular on their own, according to a Reuters/Ipsos poll, but U.S. public support declines when the initiatives are packed into a Democratic bill and sold as a Biden-backed plan.
There's some good news and some bad news for the White House in a poll reacting to the reveal of President Biden's massive infrastructure plan.
Though the eye-popping $2 trillion proposal is filled with road repairs, internet upgrades and other initiatives that are widely popular on their own, U.S. public support declines in the latest Reuters/Ipsos poll, when all those goodies are rolled-up into a Democratic bill and sold as a Biden-backed plan.
According to the poll taken between March 31 and April 1st and released on Friday: An overwhelming majority, 79 percent, support a government-backed overhaul of transportation infrastructure: I'm talking roadways, railroads, bridges, tunnels.
The support numbers stay high when it comes to getting high-speed internet to all Americans...replacing lead pipes...and tax credits for renewable energy.
Americans are also largely supportive, according to the poll, to a corporate tax hike to pay for it all.
But.... public support appeared to fall when the survey got into the specifics.
When asked if they would support a jobs and infrastructure plan that was "recently released by the Biden administration:"Only 45% of Americans said they would support it, 27% said they were opposed, and the remaining 28% said they were not sure.
The decline largely reflects a nation that remains split along party lines.
Only about two in 10 Republicans and three in 10 independents said they supported a Biden infrastructure plan, compared with seven out of 10 Democrats, according to the poll.
That would suggest, with a Senate that's evenly divided and Republican leadership already vowing to do what they can so the plan as-is never sees the light of day, President Biden has his work cut out for him when it comes to selling his plan to the American people and ultimately getting it done.
Welcome to the International News Wrap, your go-to source for the latest developments from around the globe, exclusively on OneIndia. From the unprecedented floods in Dubai to the escalating tensions threatening a potential third World War, there's no shortage of significant events shaping the international landscape. Today, we cover a spectrum of stories, from the heartwarming return of a Kerala woman from Iran to the crucial push by President Biden to secure aid for Ukraine. Stay tuned as we delve into the top international developments of the day, keeping you informed and up-to-date on the latest happenings across the world.
#InternationalNews #MountRuang #IndonesiaVolcano #DubaiFloods #RussiaUkraineWar #IsraelIranConflict #Russi #Germany #Biden #Oneindia
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Joe Biden has suggested his uncle may have been eaten by cannibals after his plane was shot down during the Second World War - as he said Donald Trump was.. Sky News
Biden Wants to Increase Tariffs , on Chinese Steel and Aluminum Imports.
Speaking from the United Steelworkers
union in Pennsylvania on April 17.
Speaking from the United Steelworkers
union in Pennsylvania on April 17.
Biden will call on U.S. Trade Representative Katherine Tai to triple tariffs on Chinese
steel and aluminum, NPR reports. .
Biden will call on U.S. Trade Representative Katherine Tai to triple tariffs on Chinese
steel and aluminum, NPR reports. .
Those tariffs are presently at about 7.5%.
While these Chinese imports "account for less than 1% of U.S. demand," the country's steel prices are 40% cheaper than America's, NPR reports. .
The White House is concerned that
this could prompt a surge of exports. .
China's policy-driven overcapacity poses
a serious risk to the future of the
American steel and aluminum industry, Lael Brainard, Biden's top economic adviser, via NPR.
The president understands
we must invest in American
manufacturing, but we also have
to protect those investments and
those workers from unfair exports. , Lael Brainard, Biden's top economic adviser, via NPR.
The Biden administration also sent officials to Mexico to discuss preventing Chinese steel from entering the U.S. via its southern neighbor. .
I want to emphasize our desire to
cooperate and partner with Mexico
on addressing imports coming in
to the North American market as
a way of circumventing tariffs, Senior administration official, via NPR.
I'm not going to get ahead
of the diplomatic conversations
that have happened today and
that will be happening in the
days and weeks to come. , Senior administration official, via NPR.
But I think we're hoping to come to
a mutually acceptable solution with
Mexico, because this is a problem that
affects both of our economies, Senior administration official, via NPR.
United Steelworkers recently endorsed Biden
after he voiced his opposition to a U.S. Steel takeover by Nippon Steel, a Japanese company. .
United Steelworkers recently endorsed Biden
after he voiced his opposition to a U.S. Steel takeover by Nippon Steel, a Japanese company.
Credit: Wibbitz Top Stories Duration: 01:31Published
Recent Polls Show , Joe Biden Holds a Slight Lead , in Upcoming Presidential Election.
'Newsweek' reports that a series of recent polls have
placed current United States President Joe Biden with
a significant lead over his opponent Donald Trump.
'Newsweek' reports that a series of recent polls have
placed current United States President Joe Biden with
a significant lead over his opponent Donald Trump.
Here are some of the recent poll
results in favor of Biden for reelection. .
Florida Atlantic
University/Mainstreet, This poll gave Biden a slight edge with
47% of voters over 45% for Trump.
Florida Atlantic
University/Mainstreet, This poll gave Biden a slight edge with
47% of voters over 45% for Trump.
RMG Research, This poll of 1,679 voters also had Biden
holding a narrow 44% to 43% lead over Trump. .
RMG Research, This poll of 1,679 voters also had Biden
holding a narrow 44% to 43% lead over Trump. .
Ipsos, This poll found that 41%
of registered voters would support
Biden, compared to just 37% for Trump.
Ipsos, This poll found that 41%
of registered voters would support
Biden, compared to just 37% for Trump.
Quinnipiac University, This March 27 poll found that Biden
had a 3% lead with 48% of voter
support, compared to Trump's 45%.
Quinnipiac University, This March 27 poll found that Biden
had a 3% lead with 48% of voter
support, compared to Trump's 45%.
Marquette Law School, This poll resulted in Biden holding
a narrow lead of 45% of voters versus
44% of voters supporting Trump.
Marquette Law School, This poll resulted in Biden holding
a narrow lead of 45% of voters versus
44% of voters supporting Trump.
Marist College, This NPR study of 1,305 people ended
up with Biden gaining 50% of registered
voter support, compared to Trump's 48%. .
Marist College, This NPR study of 1,305 people ended
up with Biden gaining 50% of registered
voter support, compared to Trump's 48%. .
Experts caution that it remains too early to call the election in favor of either candidate, as other polls have former president Trump polling higher than Biden. .
Experts caution that it remains too early to call the election in favor of either candidate, as other polls have former president Trump polling higher than Biden. .
'Newsweek' reports that Heath Brown, an associate
professor of public policy at City University of New York,
points out that the presidential race remains "very close.".
'Newsweek' reports that Heath Brown, an associate
professor of public policy at City University of New York,
points out that the presidential race remains "very close.".
The polling over the last several months
indicate this is a very close race. I wouldn't
read too much into any one or two polls
at this point. The trend seems to be
that the campaign will be a very tight
one and I suspect the polls will
reflect that until November, Heath Brown, an associate professor of public
policy at City University of New York, via 'Newsweek'.
The polling over the last several months
indicate this is a very close race. I wouldn't
read too much into any one or two polls
at this point. The trend seems to be
that the campaign will be a very tight
one and I suspect the polls will
reflect that until November, Heath Brown, an associate professor of public
policy at City University of New York, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Ukraine is the favourite candidate country to join the EU for European voters, an exclusive IPSOS/Euronews poll reveals but the bloc's enlargement is not among citizens' top priorities ahead of next June's EU elections
Credit: euronews (in English) Duration: 02:42Published
Most of the respondents of an exclusive poll for Euronews by IPSOS say support to Ukraine should continue. But they are in two minds about whether it should be a priority for the next mandate.
Credit: euronews (in English) Duration: 02:47Published
Polls Suggest Biden , May Be Pulling Ahead of , Trump in Upcoming Election.
With just eight months to go before November's
United States presidential election, President Joe Biden
has taken a narrow lead over Donald Trump in two polls.
With just eight months to go before November's
United States presidential election, President Joe Biden
has taken a narrow lead over Donald Trump in two polls.
'Newsweek' reports that both a Reuters/Ipsos poll
and a Civiqs/Daily Kos poll predicted a narrow win
for Biden in the presidential election rematch.
The Reuters/Ipsos poll, which was conducted
between March 7 and 13, found Biden securing
39% of the vote and Trump garnering just 38%.
The Reuters/Ipsos poll, which was conducted
between March 7 and 13, found Biden securing
39% of the vote and Trump garnering just 38%.
The Civiqs/Daily Kos poll,
held between March 9 and 12, saw Biden
winning with 45% of the vote to Trump's 44%.
The Civiqs/Daily Kos poll,
held between March 9 and 12, saw Biden
winning with 45% of the vote to Trump's 44%.
The news comes after Biden's latest State of
the Union speech received positive reviews
from both experts and the American public.
Biden reportedly used the
opportunity to address concerns
regarding his advanced age. .
In my career I've been told
I'm too young and I'm too
old. Whether young or old,
I've always known what endures, Joe Biden, President of the United States, via 'Newsweek'.
'Newsweek' reports that Biden's approval rating
currently stands at 38.4%, according to national
average calculations by poll aggregator FiveThirtyEight.
The same calculations found that 55.7% of
voters disapprove of Biden's administration.
Experts point out that much could change in
the eight months between now and the election. .
I wouldn't invest too much
in any given poll or even a handful
of polls. Both campaigns know this
race is just about tied right now,
will likely remain that way for a while, and
are executing their strategies accordingly, Heath Brown, associate professor of public policy
at City University of New York, via 'Newsweek'.
I wouldn't invest too much
in any given poll or even a handful
of polls. Both campaigns know this
race is just about tied right now,
will likely remain that way for a while, and
are executing their strategies accordingly, Heath Brown, associate professor of public policy
at City University of New York, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
South Korea’s Opposition , Dominates Parliamentary Elections.
South Korea's Democratic Party won
"175 seats in the 300-member single-chamber parliament" on April 10, NPR reports.
The ruling right-wing People Power Party became a smaller minority with only 108 seats. .
The outcome is considered to be a blow to conservative President Yoon Suk Yeol.
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
I apologize to the people on behalf
of our party, which wasn’t good
enough to win the people’s choices, Han Dong-hoon, People Power Party leader, via statement.
While Yoon said that he intends to
"humbly uphold" the will of the people
as indicated by the election results, .
it is not known if he will accept his
staff's offers to resign. .
Lee Jae-myung, the Democratic Party leader who
is considering running for president again, .
said there is a need for both parties to
"pull together" to "resolve economic
and public livelihood problems.".
The results of the parliamentary
elections are not the victory by
the Democratic Party, but the
great victory by our people, Lee Jae-myung, the Democratic Party leader.
Now, the elections are over. Both
the ruling and opposition political
parties must pull together all their
strength to resolve economic and
public livelihood problems, Lee Jae-myung, the Democratic Party leader.
According to the National Election Commission, voter turnout reached its
highest level in over three decades for
a parliamentary election, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Donald Trump Says States , Should Decide Abortion Legislation.
On April 8, the former president set
the record straight about where he
stands on abortion rights, CNN reports. .
My view is now that we have abortion
where everyone wanted it from a legal
standpoint, the states will determine by
vote or legislation, or perhaps both. , Donald Trump, via Truth Social video.
And whatever they decide must
be the law of the land. In this
case, the law of the state, Donald Trump, via Truth Social video.
Many states will be different. Many will
have a different number of weeks, or
some will have more conservative than
others, and that’s what they will be. , Donald Trump, via Truth Social video.
At the end of the day, this is all
about the will of the people, Donald Trump, via Truth Social video.
Trump also said he was "proudly the
person responsible" for Roe v. Wade
being overturned in 2022.
He went on to say that the decision removed the issue from "federal hands and brought it into the hearts, minds and vote of the people in each state.".
Susan B. Anthony Pro-Life America President Marjorie Dannenfelser said that her organization was "deeply disappointed"
by what Trump had to say, CNN reports. .
Saying the issue is ‘back to the states’
cedes the national debate to the Democrats
who are working relentlessly to enact
legislation mandating abortion throughout
all nine months of pregnancy. , Marjorie Dannenfelser, Susan B. Anthony Pro-Life
America president, via statement.
If successful, they will wipe
out states’ rights. , Marjorie Dannenfelser, Susan B. Anthony Pro-Life
America president, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
A recent poll suggests that Donald Trump holds a lead over Joe Biden in six of the seven swing states, with margins ranging from 2 to 8 percentage points. Negative perceptions of Biden's performance outweigh positive ones in several states, while Trump is seen as a better fit for the presidential role, particularly regarding mental and physical health.
#DonaldTrump #JoeBiden #BidenvsTrump #Trump #USelections #PresidentialElections2024 #USelections2024 #Biden2024 #Trump2024 #Worldnews #Oneindia #Oneindianews
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Jon Stewart is saying that Apple asked him not to talk to the Federal Trade Commission Chair Lina Khan on his former Apple show 'The Problem with Jon Stewart.' Khan, who became chair of the FTC in 2021, has made a name for herself for being an outspoken critic of the business practices of Big Tech companies like Amazon and Meta and has been praised by both Democrats and Republicans for her antitrust efforts. Khan was a guest on Monday's episode of Comedy Central's 'The Daily Show,' where Stewart made the revelation.
Credit: The Hollywood Reporter Duration: 01:47Published
House Republican leaders have lambasted President Joe Biden for his perceived inaction in enforcing existing measures against Iran. Representative Steve Scalise, the No. 2 House Republican, voiced concerns over the administration's policies allegedly facilitating Iran's oil sales, which fund terrorism. The Biden administration faces mounting pressure to deter future attacks without exacerbating regional tensions or antagonising China, a major buyer of Iranian oil.
#Biden #BidenSanctions #BidenIraq #AlSudani #BidenGaffee #USnews #Politics #IsraelIran #IranAttacksIsrael #Worldnews #Oneindia #Oneindianews
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Rob Schneider is calling BS on the notion he bombed in front of a bunch of Republican lawmakers -- calling the report a hit piece ... and even labeling it as.. TMZ.com
Biden Cancels Over $7 Billion in Student Debt , for More Than 277,000 Borrowers.
On April 12, President Joe Biden said that over 277,000 borrowers in more than
40 states will have $7.4 billion in student
loan debt wiped out, 'The Hill' reports. .
To date, the Biden administration has canceled $153 billion in student loan debt. .
From day one of my administration,
I promised to fight to ensure higher
education is a ticket to the middle class,
not a barrier to opportunity. , President Joe Biden, via statement.
I will never stop working to cancel
student debt – no matter how
many times Republican elected
officials try to stop us, President Joe Biden, via statement.
'The Hill' reports that Biden's loan forgiveness has largely been aimed at helping
"public service workers, those on IDR plans," .
people who've been defrauded by educational institutions and those with disabilities. .
Republican Rep. Virginia Foxx, chair of the House Education Committee, issued a statement in response to Biden's actions. .
The administration is tone deaf.
There’s no other way to put it, Rep. Virginia Foxx, chair of the House Education Committee, via statement.
We know that instead of doing its
job the administration focused
time, energy, and resources on
its illegal student loan scheme. , Rep. Virginia Foxx, chair of the House Education Committee, via statement.
And that has been frustrating, especially
since it has jeopardized the academic
journey of millions of students, Rep. Virginia Foxx, chair of the House Education Committee, via statement.
But what is absolutely maddening is
that the administration is STILL not
doing its job and instead focusing on
its student loan shenanigans. , Rep. Virginia Foxx, chair of the House Education Committee, via statement.
White House press secretary Karine Jean-Pierre said, , “We know what Republicans are going to do; we can’t
stop them from that. But it’s also not going to stop the president from acting and taking action, like he is today.”
Credit: Wibbitz Top Stories Duration: 01:30Published
Japan's Prime Minister Fumio Kishida will address the Republican-led US Congress on Thursday amid continued scepticism of the role of the US in international conflicts such as the Ukraine and Israel-Hamas wars.
Credit: euronews (in English) Duration: 01:20Published
Two prominent members, Gaurav Vallabh and Sanjay Nirupam, shockingly resigned from the India National Congress, citing issues with the party's direction and stance. Vallabh's departure, posted on social media, highlighted ideological differences, while Nirupam's expulsion amid alliance tensions added to the turmoil. These exits, alongside recent defections, signal deepening problems within Congress, raising questions about its future and leadership's disconnect from reality.
#GouravVallabh #SanjayNirupam #CongressParty #Congress #UBT #Sanatan #HinduDharm #Hinduism #BJP #VijenderSingh #Politics #IndiaNews #Oneindia #Oneindianews
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March Retail Sales , Exceeded Expectations.
New Commerce Department data surprised
some analysts on April 15, 'The Hill' reports. .
The agency's latest estimates indicate
that March retail sales increased by 0.7%.
They were only expected
to rise 0.3% last month.
While sales exceeded estimates for March, the jump
was still below the 0.9% increase in February.
Compared to the same time last year, total sales
for the first three months of 2024 were up 2.1%.
On April 10, the Labor Department released data showing that inflation rose last month. .
The consumer price index (CPI)
increased 0.4% in March and 3.5% annually.
In February, consumer prices
increased 3.2% year-over-year. .
Still, the newest Commerce Department data suggests that Americans continue to spend despite prolonged inflation, 'The Hill' reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
By mid-afternoon, the Dow had fallen
1.4%, the S&P 500 went down 1.6%,
and the Nasdaq dropped 1.8%.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The warning comes after Iran
accused Israel of a deadly airstrike
on a consulate in Damascus, Syria. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
Brent crude futures jumped up to $90.42
a barrel, and West Texas Intermediate crude
futures increased to $86.65 a barrel.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
CNN reports that Americans' opinions of
the economy have dipped in the past few
months amid persistently high inflation.
The geopolitical fears come as investors are already
contending with concerns that the Federal Reserve could
wait to bring interest rates down from a 23-year high.
Officials at the Fed have signaled that further rate
hikes could still be on the way if the central
bank's efforts to fight inflation stall.
Credit: Wibbitz Top Stories Duration: 01:31Published
Federal Benefit Helping , Low-Income Households , Afford Internet Coming to an End.
CNN reports that next month, low-income
Americans face a crisis that threatens millions
of households with economic distress.
The United States government says that
it can only pay about half of what it owes
on a popular federal benefits program.
The Federal Communications Commission (FCC) announcement
represents the first tangible impact of Congress' failure
to extend the Affordable Connectivity Program (ACP).
The pandemic-era benefit provides
monthly discounts on internet service
for over 23 million households in the U.S.
As a result of dwindling funds,
April will be the last month
households can receive full benefits. .
In May, ACP will only be able to
provide 46% of the normal benefit
payments before ending entirely in June.
The end of the program means that millions of
people will have to choose between paying
for internet, housing and food.
According to the FCC, Internet service providers (ISPs)
could decide to close the gap for millions of households
that will be impacted by the program coming to an end.
We encourage providers to
take efforts to keep consumers
connected at this critical time, FCC statement, via CNN.
The FCC went on to add that ISPs could offer discounts, low-cost
internet plans or take other measures to ensure that service is
not interrupted for millions of low-income Americans.
Credit: Wibbitz Top Stories Duration: 01:30Published
O.J. Simpson -- one of the most infamous high-profile Americans of all time -- is dead after a cancer battle. The former NFL great -- who stood trial for the.. TMZ.com
White House Issues New Rules , on How Government Can Use AI.
White House Issues New Rules , on How Government Can Use AI.
The policy was released by the White House on March 28, 'The Hill' reports. .
It is intended to reduce AI risks
within the government.
According to a White House memo, federal agencies must now appoint a chief AI officer, add safeguards and issue reports about how AI is being used. .
Those reports will also be made public, according to 'The Hill.'.
However, some AI uses, such as those
employed by the Department of Defense, do not require reports because they would be "inconsistent with applicable law and government policy.".
Agencies will have 60 days
to appoint a chief AI officer.
Safeguards to protect Americans' rights and safety must be implemented by December.
Vice President Kamala Harris
weighed in on the development.
I believe that all leaders
from governments, civil society
and the private sector have a
moral, ethical and societal duty... , Vice President Kamala Harris, via call with reporters.
... to make sure that artificial
intelligence is adopted and advanced
in a way that protects the public from
potential harm, while ensuring everyone
is able to enjoy its full benefits, Vice President Kamala Harris, via call with reporters
Credit: Wibbitz Top Stories Duration: 01:30Published
United States Defense Secretary Lloyd Austin rejects claims of genocide by Israel in Gaza but acknowledges the need for sustainable improvements. The remarks came during a Senate hearing, where concerns over civilian casualties and humanitarian conditions were raised. Efforts to press Israel to protect civilians continue amid ongoing conflict, with the US emphasising the importance of addressing the humanitarian crisis.
#UnitedStates #LloydAustin #IsraelGaza #Israel #Gazawar #Israelnews #Biden #Israelwar #Worldnews #Oneindia #Oneindianews
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Zelensky Says Ukraine ‘Will Lose the War’ , if US Doesn’t Approve More Aid.
The president of Ukraine made the remarks on April 7 during a video meeting with UNITED24, a Ukrainian fundraising group, CNN reports. .
It’s important to specifically
address the Congress: if the
Congress doesn’t help Ukraine,
Ukraine will lose the war, Volodymyr Zelensky, president of Ukraine,
via video meeting with UNITED24.
If Ukraine loses this war, other
countries will be attacked. This is a fact, Volodymyr Zelensky, president of Ukraine,
via video meeting with UNITED24.
Zelensky's statement comes as
Congress has failed to pass an aid package for the war-torn nation in months, CNN reports. .
A $95.3 billion foreign aid bill,
which contained aid for both Ukraine and Israel, was passed by the Senate in February.
but House Speaker Mike Johnson
has not yet held a vote on it.
According to Franz-Stefan Gady of the International Institute for Strategic Studies.
Ukraine has entered a
"transitional phase" of the war.
Russia is conducting probing
attacks along the front line. It is
trying to advance where it can. And
it is preparing what seems to be a
future offensive down the road, Franz-Stefan Gady, an associate fellow at the
International Institute for Strategic Studies, to CNN.
This year, Ukraine really needs U.S.
support. There’s certain weapons
systems, certain logistical support
which the European countries
simply cannot provide to Ukraine, Franz-Stefan Gady, an associate fellow at the
International Institute for Strategic Studies, to CNN
Credit: Wibbitz Top Stories Duration: 01:30Published
This Day in History: , The United States Officially Enters World War I.
April 6, 1917.
War against Germany was
declared in both the Senate and
House of Representatives by votes
of 82-6 and 373-50, respectively.
President Woodrow Wilson had called for
the declaration of war four days earlier.
The U.S. had been preparing for
war since the passage of a $250 million arms
appropriations bill in Feb.
Though initially against joining the war in Europe,
American public opinion shifted as German
attacks on ocean liners escalated.
The first U.S. troops landed
in France in late June.
The arrival of fresh and well-supplied
forces proved to be a turning point in
the war after four years of bloody combat
Credit: Wibbitz Top Stories Duration: 00:51Published
Former Treasury Secretary , Looking to Form Investor Group , to Purchase TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
On March 13, the House of Representatives passed
the bill, which would force ByteDance to divest
the platform or face a ban on the app in the U.S.
I think the legislation should
pass and I think it should be sold.
It’s a great business and I’m going
to put together a group to buy TikTok, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”.
This should be owned by
U.S. businesses. There’s no
way that the Chinese would
ever let a U.S. company own
something like this in China, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
However, TikTok CEO Shou Zi Chew has said
that selling TikTok is not a viable option. .
According to PitchBook data, , ByteDance was valued at , $220 billion in 2023. .
Mnuchin has yet to specify the potential valuation
of a deal to acquire the social media platform
or which investors may be interested in the deal.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok
Credit: Wibbitz Top Stories Duration: 01:31Published
A bipartisan group of US lawmakers has introduced a bill giving China's ByteDance six months to divest TikTok or face a US ban due to national security concerns. This follows India's 2020 ban on TikTok. The bill requires Senate support and will be considered in a House committee hearing. TikTok denies data sharing with China but faces scrutiny over its ownership.
#TikTok #USLawmakers #TikToknews #Bytedance #ChinaApps #Chinese #USnews #RepublicanLawmakers #Worldnews #Oneindia #Oneindianews
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President Biden was in the Situation Room at the White House throughout Saturday evening watching, in real time, Iran's unprecedented attack on Israel unfold. Sky News
Iran has launched an attack on Israel, the White House says in a statement ... and, Israeli Prime Minister Benjamin Netanyahu says the country's prepared. In a.. TMZ.com
John Dickerson discusses President Biden’s infrastructure plan and the chances of having a normal summer as more people get vaccinated against COVID-19.
President Joe Biden spoke at the Amtrak 50th anniversary event about his $2.25 trillion infrastructure plan, which he says will create more jobs across the US and enable it to compete with other..
[NFA] President Joe Biden marked his 100th day in office with a trip to Georgia on Thursday to visit former President Jimmy Carter and promote his plans to spend trillions of dollars to rebuild the..
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