President Biden signs $95 billion aid package with law banning TikTok unless it’s sold

President Biden just signed a bill requiring TikTok’s Chinese owner, ByteDance, to sell the popular social media app—or else face a ban.

Transcript

00:00 I just signed into law the national security package that was passed by the House of Representatives

00:04 this weekend and by the Senate yesterday. It's going to make America safer. It's going to make

00:10 the world safer. And it continues America's leadership in the world. And everyone knows it

00:15 gives vital support to America's partners. And they so they can defend themselves against

00:20 threats to their sovereignty and the lives and freedom of their citizens.

00:26 And it's an investment in our own security. Because when our allies are stronger,

00:30 and I want to make this current again and again, when our allies are stronger, we are stronger.