US Regulator Warns About Data Security During TikTok Hearing
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Data security is a top concern for a secretive US panel of regulators with the power to block foreign transactions, a Treasury Department spokesperson said in a statement as House lawmakers grilled TikTok Inc.’s chief executive Thursday.
The Committee on Foreign Investment in the US seldom issues public remarks on its work, making the Treasury spokesperson’s statement unusual. It was issued in the middle of a House hearing on TikTok, though it didn’t mention the company by name.