Where Does the Potential TikTok Ban Stand?
UNITED STATES, AUG 01 – Jeff Yass donated $16 million to MAGA Inc. as Trump delayed the TikTok ban enforcement, with the PAC holding $196.1 million cash on hand by mid-2025, FEC filings show.
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TikTok Billionaire Donates Millions to Trump as He Repeatedly Delays Ban
💡Share this on X and Bluesky!As President Trump continues to postpone a legally mandated ban on TikTok, he is reaping campaign cash from one of the app’s biggest financial backers. Billionaire Jeff Yass, whose firm Susquehanna International Group (SIG) is a major investor in TikTok’s parent company ByteDance, donated $16 million to Trump’s super PAC, MAGA Inc., in the first half of 2025, according to a new FEC filing.Yass’s firm reportedly owns…
Where does the potential TikTok ban stand?
President Donald Trump has delayed enforcement of a law that would ban TikTok in the U.S. three times but will he do it a fourth time?The latest extension expires on Sept. 17, giving TikToks Chinese parent company, ByteDance, until then to divest from the popular video-sharing app.The bipartisan law, signed in 2024, requires ByteDance to sell TikTok, citing national security concerns. Lawmakers warned that the Chinese government could compel the…
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