Article 69XB0 Biden calls for penalties for bank executives after SVB collapse – as it happened

Biden calls for penalties for bank executives after SVB collapse – as it happened

by
Chris Stein in Washington
from US news | The Guardian on (#69XB0)

President calls on Congress to expand FDIC's authority to claw back compensation - including gains from stock sales

A more serious concern for Congress and the White House is TikTok, the wildly popular video-sharing app that many in Washington fear is in cahoots with the Chinese Communist Party. Here's what we know about the growing feud between the US and China over the app:

TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf.

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