Roslyn Layton Op-Ed: 25 Senators Support RESTRICT Act to Protect U.S. Against Tech Companies from Adversarial Nations
The 2020 President attempt to restrict TikTok with an executive order based on the 1977 International Emergency Economic Powers Act failed in court as the law was not built for today’s digital landscape of today. A new bipartisan Senate bill from Senators Thune and Warner attempts to modernize that law with Congressional oversight, define set of countries where it is applicable (China, Russia, Iran, Cuba, North Korea and Venezuela), and establish a risk-based process to deal with foreign-adversary technology using the Department of Commerce’s existing tools. The Senators explain that one-off Congressional efforts to protect Americans and national security by target individual companies like Russia’s Kasperky Lab or China’s Huawei and ZTE don’t scale in a world with systemic foreign threats in which adversarial… Read More