Trump's TikTok ban reversal comes after meeting megadonor who has stake in TikTok
Category: News & Politics
Via: krishna • 10 months ago • 82 commentsBy: BySoo Rin Kim and Lalee Ibssa
As Donald Trump reverses his position on potentially banning TikTok ahead of an expected House vote this week on legislation that could lead to it being blocked in the U.S., the former president has been rebuilding his relationship with a GOP megadonor who reportedly has a major financial stake in the popular social media platform.
Trump met with the donor, hedge fund manager Jeff Yass, earlier this month at a Club for Growth donor retreat in Palm Beach, Florida, on March 1.
The Club for Growth, a conservative political organization to which Yass has donated millions of dollars, has opposed anti-TikTok efforts.
The group's president last year wrote : "Giving the government the power to ban apps and pick and choose between competing apps is a huge restriction on phone freedom."
The former president, who had originally spearheaded efforts to ban TikTok during his time in the White House, reversed his stance last week, posting on his own social media platform that getting rid of TikTok would benefit Facebook and that he doesn't want that to happen, suggesting Facebook is a bigger problem for the country.
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As Donald Trump reverses his position on potentially banning TikTok ahead of an expected House vote this week on legislation that could lead to it being blocked in the U.S., the former president has been rebuilding his relationship with a GOP megadonor who reportedly has a major financial stake in the popular social media platform.
If there was ever any doubt as to just how corrupt Trump is, this should dispel those doubts.
Trump may know something about TikTok that the rest aren't aware.
Good point!
You would think, it will be funny if Biden veto's the bill.
Many people may not be aware of it, but this article actually isn't about President Biden.
Perhaps the wording (from the original source) may not be perfectly clear-- but its actually about ex-president and numerously indicted ex-president Donald Trump.
???
Are you perhaps referring to this:
Trump Records Shed New Light on Chinese Business Pursuits
I would expect him to. China will want an ROI.
Steve Bannon Suggests Donald Trump Has Been Bought | Watch (msn.com)
A veto would depend on how much money hit's Traitor Joes bank account.
Are you perhaps referring to this:
Trump Records Shed New Light on Chinese Business Pursuits
And then of course there's this;
As he raises questions about his opponent’s standing with China, President Trump’s taxes reveal details about his own activities there, including a previously unknown bank account.
A previously unknown Chinese Bank account?
Trump?
Are you perhaps referring to this:
Trump Records Shed New Light on Chinese Business Pursuits
And then of course there's this;
As he raises questions about his opponent’s standing with China, President Trump’s taxes reveal details about his own activities there, including a previously unknown bank account.
A previously unknown Chinese Bank account? Trump?
Who woulda thunk?
Forget it, some hold him to no standards whatsoever.
Some would have nothing if it weren't for projection, deflection and denial.
No. I believe Trump is aware of Tik Tok possibly being sold to an American Company.
in light of trump's financial situation, it's safe to assume he would do anything for a large enough sum of cash...
Trump met with the donor, hedge fund manager Jeff Yass, earlier this month at a Club for Growth donor retreat in Palm Beach, Florida, on March 1.
Yass owns a significant stake in in TikTok's China-based parent company ByteDance, The Wall Street Journal reported last year.
Yass, worth $28 billion would be a good friend to have, given Trumps need to guarantee a $500 million bond in a few weeks.
Chubb insurance guaranteed the $91 million E Carrol bond.
In other news, Trump reversed his position on woke Bud Light about 5 hours after Anheuser Busch announced a
$10 thousand a plate fund raiser for the former POTUS.
The market reacted slightly to the positive, further benefitting Mr. Trump who holds $5 million in Anheuser Busch common stock.
Doesn't the interest go up on that $500 million daily?
Yes, the clock is ticking...
The former president, who had originally spearheaded efforts to ban TikTok during his time in the White House, reversed his stance last week
Show of hands, who thinks Donald trump can reverse a ban on tiktoc?
Show of hands, who thinks a ban on tiktok can survive a court challenge?
I don't think it can. I'm of the opinion that you can't ban it from the general public because of people are allowed to express their opinion on almost any platform and Tik Tok is one such platform
That will be an interesting case, if you are talking about for general public, but industry and the government have an absolute right to ban it on phones that you use for business or government work.
That has already happened and is not being questioned. This bill running through Congress -
This is a complete ban of the app in the US. Furthermore -
Source:
Again, it would be an interesting case, Why? is it a national security threat? They can absolutely embargo from foreign countries products deemed unsafe, I guess the reason why they want to ban it.
It is.
If it goes to court the government would have to show it is.
I'm imagining it-- as we speak!
The exact legislation, voted out of the House committee yesterday by a 50-0 vote, gives the parent company with close ties to the CCCP, six months to find a US buyer with no foreign ties.
It gives the US company 6 months to file a legal challenge. Remember Montana already tried to do this and failed. They used much the same language in their bill including listing China as "adversarial".
Congression legislation, especially overwhelming bi-partisan legislation, trumps a state ban.
Would Scotus override a near unison bi partisan bill on national security concerns?
Much of Congress' concerns are national security unlike Montanna.
Interesting case indeed,
It doesn't trump the Constitution.
I'm expecting them to make the case in court that their national security concerns are more important that the platform's users 1st Amendment rights. Congress probably could have bypassed all this with a law to protect all user information across all applications and not poke only at "foreign owned" entities.
That sounds like the Senate version of this proposed legislation which will have to match whatever the House comes up with in order for Biden to sign it.
Still a lot of moving parts in motion.
Show of hands, who thinks republican Congress can reverse a TikTok ban if their lord and master Trump tells them to?
Asked and answered!
I just realized Buzz can't Youtube-- so here are the words (in French for all of our Canadian friends on NT!):
Haut Les Mains (Donne Moi Ton Coeur)
Read the title again-- more slowly and carefully:
Trump's TikTok Ban Reversal Comes After Meeting Megadonor Who Has Stake In TikTok
Notice the word's "Trump's TikTok Ban Reversal.
il s'agit du renversement de Trump, pas de Biden!
(Hoc est de eversione Trump, non Biden!)
I already did.
I saw it on Fox so it must be true.
Biden says he would sign the bipartisan bill banning China-based app TikTok (msn.com)
plus CBS
Biden says he would sign TikTok bill that could ban app (msn.com)
and the usual trouble makers
Ahead of elections, candidates debate whether to ban TikTok or use it (cnbc.com)
One thing seems certain, if Biden is for it, Trump will be against it, in spite of his failed 2020 Executive order trying to ban Tik Tok.
Biden says he would sign TikTok crackdown; Trump raises concerns (msn.com)
This was never in question or the topic of the article in spite of your attempt to derail it.
Congrats on admitting you were just trolling.
[deleted]
Already disproven!
All some have!
That is so irrelevant, what was your purpose in posting it?
Actually the wording of the title of the original source's article wasn't very clear:
Trump's TikTok Ban Reversal Comes After Meeting Megadonor Who Has Stake In TikTok
It would seem to imply that the "Reversal" it was talking abut was Trump reversing the ban. But its not discussing whether a hypothetical ban (if any) could be reversed-- rather its about Trump's opinion being reversed!
not discussing whether a hypothetical ban (if any) could be reversed-- rather its about Trump's opinion being reversed!
In other words, the article is about Trump changing his position on the subject-- not about changing an actual ban.
And are people not allowed to change positions, Like Kerry i was for the war before i was against it? I know pro-choice people who are now adamantly pro life, and die hard republicans that trump has made democrats for life. opinions evolve.
1. Kerry is not the topic (but then again, you probably already knew that, eh? )
2. Its not the fact that he changed positions. It is the fact that:
Trump's TikTok Ban Reversal Comes After Meeting Megadonor Who Has Stake In TikTok"
Capice?
I understood perfectly what you are trying to imply, i'm simply pointing out that all politicians positions are adjustable based on circumstance. Biden went from Blacks are super predators in the mid 90's to you aren't black if you don't vote for me today.
I'm not disagreeing with you. But some consistently stick their principles more than others.
One obvious example: Liz Cheney.
By sticking to her principles, she gave up any hope for continuing her career in politics . . .
Or, Cheney may emerge like a phoenix from the ashes as a right of center mainline conservative post Trump and MAGA Madness!
That Took What? About A Gazillion Rubles?
At least now Trump can pay his judgement!
Maybe. Maybe not. IDK.
???
It seems almost every time I look at the news there another charge against him, which when proven would require him to pay yet another amount .. . . it seems the total seems to keep increasing.
Hehehe!
I think it's about time I entered into the long fray here:
How about if Trump and the Republicans become empowered in the election?
Maybe Trump is using his reversal about TikTok for this reason - a comment I posted on the previous article about who would buy TikTok? 170 million American users - it's not just kids who are the users. That could mean a LOT of votes.