New Bill Proposes Restricting TikTok's Access to U.S. Data Without an Outright Ban

Bipartisan legislation reintroduced in the Senate would regulate how TikTok and other companies share Americans' personal information.
The bill would make transferring U.S. citizens' data to other countries like China subject to licensing requirements.
Data transfers to approved countries and individuals' own data sharing would be exempt from the proposed restrictions.
The legislation targets TikTok indirectly by banning transfers from one company to a parent company that may share data with hostile governments.
Privacy experts would have more input under the new bill, which has support from senators of both parties.