Seriously Risky Business Newsletter
March 16, 2023
The RESTRICT Act Is Not About TikTok
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Policy & Intelligence
Last week a bipartisan group of US senators unveiled the RESTRICT Act, legislation designed to give the executive branch new powers to deal with the threats posed by technology from six "foreign adversaries" — China, Russia, Iran, North Korea, Cuba and Venezuela. This legislation has broad bi-partisan support, with a dozen senators across both the Democratic and Republican parties supporting it.
In a press conference announcing the legislation one of the bill's chief sponsors, Senator Mark Warner, cited Kaspersky anti-virus, Huawei and now TikTok as evidence of the ongoing problems posed by foreign technologies. Warner described current tools to deal with these kinds of threats as "limited", adding that the US "lack[s], at this moment in time, a holistic, interagency, whole-of-government approach".
The RESTRICT Act is intended to fix that by directing the Department of Commerce to establish processes to identify and mitigate risks posed by foreign interests in information and communications technology products. The Act doesn't require any particular response to a threat, but instead gives the Secretary of Commerce new powers to deal with them. Warner described these as a "series of mitigation tools… up to and including the opportunity to ban [a firm]".