May 4, 2024

AndronETalksNews

AndronETalksNews

Politicians Who Voted to Ban TikTok May Own as Much as $126 Million in Tech Stocks

Gizmodo

By Thomas Germain

March 22, 2024

Financial disclosures show that members of Congress who voted for the so-called “TikTok ban” last week may own between $29 million and $126 million worth of stock in competing tech companies, according to data from Quiver Quantitative, a company that tracks congressional investments. Among the 352 members of the House of Representatives who voted “yes” on the bill, 44 reported they own shares of companies including Amazon, Google, Meta, Microsoft, and Snap—all corporations that could stand to benefit if TikTok is forced into a sale or a full-on ban.

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