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No part does, until TikTok becomes one of the services banned as per the "mitigation" acts defined under this Act.
by amatecha 4y ago
No part does, until TikTok becomes one of the services banned as per the "mitigation" acts defined under this Act.
- gruez 4y agoI skimmed the bill and I'm having a hard time determining what type of activity is prohibited once an entity is identified, except for >(B) with respect to a transaction found to pose an undue or unacceptable risk and qualify as a covered transaction, determine whether— >(i) the covered transaction should be prohibited; or >(ii) any other action should be taken to mitigate the effects of the covered transaction. I suppose the least charitable interpretation is that this gives them unlimited power to do whatever they want to "mitigate", but that seems like something that would be struck down by the courts for being too broad. https://www.congress.gov/bill/118th-congress/senate-bill/686/text?s=1&r=15#id65d97d39898749e8bebeadd166df6a0a https://www.congress.gov/bill/118th-congress/senate-bill/686...
- amatecha 4y agoYes, the mitigation action is completely variable and could include basically anything. It's intentionally vague because it might mean banning a service, seizing assets, who knows what. > (12) MITIGATION MEASURE.—The term “mitigation measure” means a measure agreed to in an agreement between any relevant party and the Federal Government, or ordered by the Federal Government and of which any relevant party has been notified, in any matter addressed under this Act to address any risk arising from a covered transaction or associated with a covered holding.
- deleted 4y ago[deleted]