US House approves bill to divest TikTok, freeze Russian assets

The legislation is meant to act as a sweetener for Republicans to consider foreign aid for Ukraine, Israel and Taiwan.

The U.S. House of Representatives passed a measure Saturday that aims to force a sale of TikTok, and also to seize frozen Russian assets to pay for Ukraine’s reconstruction, as well as impose sanctions and other punitive measures against Russia, China and Iran.

The bill, filled with Republican policy sweeteners, was included in Speaker Mike Johnson’s foreign aid funding package as a way to bolster Republican support for tens of billions of dollars in long-delayed aid for Ukraine, Israel and the Indo-Pacific.

The House approved the measure in an overwhelming 360-58 vote.