Trump's Hidden Fed Agenda

Trump's latest moves show he's preparing to reshape the Federal Reserve - and the value of the U.S. dollar. With key appointees already in place, the coming monetary reset could send gold soaring like it did in the 1970s, when it climbed 24X in under a decade.

Trump's executive order gives TikTok a reprieve. What happens next?

HALELUYA HADERO
January 21, 2025

President Donald Trump has directed his Justice Department to pause enforcement of the TikTok ban until early April, but a host of questions remain - including whether Trump has the authority to issue such an order and if TikTok's China-based parent would be amenable to selling the popular social media platform.

In an executive order signed on Monday, Trump instructed the U.S. attorney general to not enforce the ban for 75 days while his administration determines "the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown" of TikTok.

Under a federal law that was upheld by the Supreme Court last week, TikTok's parent company ByteDance was required to sell the platform to an approved buyer by Sunday or face a nationwide ban. On Saturday evening, a few hours before the ban took effect, TikTok became unusable for U.S. users. But it came back online on Sunday, with TikTok crediting Trump for helping the platform after he vowed on social media to stall the ban.

The federal law, passed with bipartisan support in Congress last year, provides a 90-day extension if progress has been made toward a sale. But Trump's executive order now complicates matters for companies who could be liable for delivering TikTok's service to U.S. users.

Some -- at least as of now -- appear to be taking a cautious approach. On Tuesday, both Apple and Google, which operate the two most prominent app stores, did not offer TikTok or any other ByteDance-affiliated apps, such as Lemon8 or the video editing app CapCut, on their digital marketplaces.

Here's what we know:

Can Trump put a pause on the TikTok ban?

The Justice Department is generally tasked with enforcing the laws of the federal government. But Trump does not have the power to overturn a law that Congress passed and subsequently upheld by the Supreme Court.

The law does give the sitting president latitude on certain details, such as what would count as a "qualified divesture" of TikTok. But since an extension on a ban can only occur if "significant progress" has been made towards a sale of TikTok's U.S. platform, it's possible that Trump's order could face legal challenges.

On Tuesday, the Electronic Frontier Foundation, a digital rights organization that filed amicus briefs in support of TikTok's legal challenge against the statute, said it believed it would be "unconstitutional" to ignore the law.

"There are no winners here, unless Congress repeals this law," David Greene, the organization's Civil Liberties Director, said in a statement.

On Sunday, Sen. Tom Cotton of Arkansas posted a message on X listing a number of state and federal agencies, and private entities, that might be willing to go to court to get the ban enforced. However, it's unclear if anyone is planning to challenge Trump's order.

And Trump's order also warns possible challengers that because of "the national security interests at stake," attempts by parties to enforce the law "represents an encroachment on the powers" of the executive branch.

Is TikTok going to be sold?

Even if an extension faces and fails to withstand legal scrutiny, it will buy time for ByteDance and TikTok to figure out their next move.

Trump on Monday said he is looking to have the U.S. government broker a deal for 50% control of TikTok, adding that "every rich person" has called him about acquiring the social media platform.

A day prior, he proposed terms in which the U.S. would have a 50% stake "in a joint venture" that would be "set up between the U.S. and whichever purchase we so choose." But the details remain murky, and it was unclear whether Trump was proposing control of the app by the government or another U.S. entity.

According to TikTok, roughly 60% of the privately-held ByteDance is owned by global investors, such as General Atlantic and Susquehanna International Group. ByteDance employees and the company's founder, Zhang Yiming, also each have a 20% stake.

The technology company has not disclosed financial details for its subsidiaries, including TikTok's global or U.S. operation.

Even if an American company can acquire a 50% stake in TikTok, it's unclear how a Trump-orchestrated transaction would address some of the national security concerns that led lawmakers and the Biden administration to push for a divestment.

For example, Trump has not addressed whether he will allow ByteDance to keep controlling the TikTok algorithm that fuels what users see on the platform. The algorithm, which is updated and maintained by ByteDance engineers in China, has been one of the main concerns among supporters of the law.

Trump's executive order notes the administration must have a review period to assess government intelligence and the steps TikTok has taken to address Washington's concerns.

What happens next?

Most likely, lots of negotiations about the future of TikTok.

Last year, Beijing called the push in Washington to require a divestment of TikTok a "robbers" act. But on Monday, China signaled a possible softening of its stance.

Chinese Foreign Ministry spokeswoman Mao Ning said that business operations and acquisitions "should be independently decided by companies in accordance with market principles."

"If it involves Chinese companies, China's laws and regulations should be observed," Mao said on Monday.

President Trump has threatened to slap tariffs as high as 100% on Chinese goods if Beijing refuses to allow a sale of TikTok. If China doesn't approve the deal, Trump said on Monday he would consider it somewhat of a "hostile act."

After the law was passed last year, ByteDance said it did not have any plans to sell TikTok and then fought a legal battle against the statute for months. Representatives for the company and TikTok did not immediately respond Tuesday on whether they are willing to cut ties with each other within the new 75-day extension period.

In a note, Gabriel Wildau, a managing director of the Teneo consultancy, wrote that if amicable negotiations happen, Beijing might ultimately approve the export of TikTok's algorithm. However, a sale that excludes that technology might be more feasible legally and technically, Wildau wrote. Previously, Teneo had made a case that Beijing would not allow ByteDance to sell TikTok because of its concern for national dignity.

"This is all a game of high stakes poker," said Wedbush analyst Dan Ives. "TikTok is a chip on the table in broader U.S.-China negotiations."

_________________________

Associated Press writer Didi Tang contributed to this story.

Continue Reading...

Popular

Meta prevails in historic FTC antitrust case, won't have to break off WhatsApp, Instagram

SAN FRANCISCO (AP) — Meta has prevailed over an that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly in social networking.

FDA Clears Arrowhead Pharma's First-Ever Home Injection For Rare Fat Disorder

Arrowhead Pharmaceuticals won FDA approval for Redemplo (plozasiran), an siRNA drug reducing high triglycerides in adults with rare FCS.

Metals... Not Missles... Is the New Arms Race - Ad

China and Russia control 70% of the world's critical minerals, giving them leverage over the West. One N. American discovery could help shift that balance by developing the metals essential for defense systems.

Schwab: Half Of US Investors May Ditch Other Assets For ETFs — 4 Funds To Watch

Nearly half of ETF investors could go all-ETF within five years, Schwab says. Here's how they're building portfolios with funds like ITOT, BND, and XLK.

Denny's to be acquired and taken private in a deal valued at $620 million

Denny's said Monday that it's being acquired by a group on investors in a deal that will take the breakfast chain private.

America's Defense Future Starts Underground - Ad

A N. American metals project just caught the attention of Rio Tinto - a mining giant. With four projects in key regions, this firm is aligned with Washington's push to rebuild the defense-metal supply chain.

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Billie Eilish Asks Zuckerbeg, Other Billionaires To Donate

Billie Eilish urges billionaires to share their wealth for good causes during award acceptance speech. Mark Zuckerberg in attendance.

All 4 Major Banks Race to Adopt 'Trump Dollars' - Ad

JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup are all rushing to adopt a new, upgraded version of the U.S. dollar that President Trump authorized this past summer. But acclaimed analyst, Louis Navellier, believes this isn't just a minor upgrade - it's a complete transformation to American money.

Elon Musk Tells Joe Rogan: 'Trump Actually Is Not Perfect, but He's Not Evil'

In a Friday appearance on The Joe Rogan Podcast, Elon Musk defended President Donald Trump, stating that while Trump is "not perfect," he is also "not evil."

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

Another Gold High? Here's the Move Wall Street Is Missing ... - Ad

Gold just surged past $4,200, up 45% in a year - but Sean Brodrick says $6,900 could be next. History shows when gold booms, one hidden play has delivered far bigger gains - 21x, 49x, even 1,386x. The same strategy once handed 26,000% profits. And Sean says it's back on the table now.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening

PARIS (AP) — French authorities have warned they may block access to after it emerged that the online fast fashion giant had been selling sex dolls with a childlike appearance.

These are the 37 donors helping pay for Trump's $300 million White House ballroom

WASHINGTON (AP) — President Donald Trump says his $300 million White House ballroom will be paid for “100% by me and some friends of mine.”

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Cathie Wood Goes All-In On Peter Thiel's Crypto Play Bullish With Back-To-Back Million-Dollar Buys

Cathie Wood-led Ark Invest purchased shares in Bullish, a crypto exchange backed by Peter Thiel, through three of its funds. Other key trades were also made, including buying shares in CRISPR and Beam Therapeutics.

Trump Insiders Bet Millions on Dollar Upgrade - Ad

President Trump just authorized an upgraded version of the U.S. dollar this past summer. Major Trump donors Peter Thiel and Marc Andreessen have invested millions. Commerce Secretary Howard Lutnick has deep ties to its #1 issuer. And the Trump family holds a 60% stake in a key company behind it.

Warren Buffett Opens Up About The Biggest Investing Blunders Of His Career — Here They Are

Over the decades, the "Oracle of Omaha" has shared candid reflections on his biggest blunders, from emotional decisions to missed opportunities, all of which provide timeless investing insights.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Coeur Mining's $7 Billion Deal For New Gold Creates $20 Billion Powerhouse

Coeur Mining Inc. (CDE) announced acquisition of New Gold Inc. (NGD) in all-stock deal valued at $7 billion.

Court Blocks Trump's SNAP Reductions, But Stricter Eligibility Rules Begin

New work requirements for SNAP begin Saturday, but benefits may not be issued through November due to the government shutdown.

On November 18, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

'No hire' job market leaves unemployed in limbo as threats to economy multiply

WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed for longer than three months.

Trump's Hidden Fed Agenda - Ad

Trump's latest moves show he's preparing to reshape the Federal Reserve - and the value of the U.S. dollar. With key appointees already in place, the coming monetary reset could send gold soaring like it did in the 1970s, when it climbed 24X in under a decade.

Rivian Automotive CEO Gets An Elon Musk-Style Pay Raise

Rivian CEO's new pay plan could be worth up to $4.6 billion over the next ten years.

Japanese game maker Nintendo reports zooming sales and profit on its hit Switch 2 machine

TOKYO (AP) — Japanese video-game maker Nintendo’s net profit jumped 85% in April-September from the year before, as its sales more than doubled following the launch of its hit Switch 2 console in June, the company said Tuesday.

Metals... Not Missles... Is the New Arms Race - Ad

China and Russia control 70% of the world's critical minerals, giving them leverage over the West. One N. American discovery could help shift that balance by developing the metals essential for defense systems.

Indians who fled a Myanmar cyberscam center are being flown home from Thailand

MAE SOT, Thailand (AP) — is repatriating on Thursday the first batch of hundreds of its nationals who last month fled to Thailand from Myanmar, where most had been working at a .

America's Defense Future Starts Underground - Ad

A N. American metals project just caught the attention of Rio Tinto - a mining giant. With four projects in key regions, this firm is aligned with Washington's push to rebuild the defense-metal supply chain.

How the NFL is aiming to broaden its appeal to women

At this year’s NFL draft, some of the league’s top prospects were asked a few questions they weren’t used to.

All 4 Major Banks Race to Adopt 'Trump Dollars' - Ad

JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup are all rushing to adopt a new, upgraded version of the U.S. dollar that President Trump authorized this past summer. But acclaimed analyst, Louis Navellier, believes this isn't just a minor upgrade - it's a complete transformation to American money.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service