• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump needs ‘time to review’ SCOTUS decision to uphold TikTok ban, teases action in ‘not too distant future’

by January 17, 2025
written by January 17, 2025

President-elect Donald Trump said on Friday that he needs ‘time to review’ the Supreme Court’s decision to uphold a federal law banning TikTok unless it divests from its Chinese parent company before Jan. 19 – the day before Trump is set to be sworn in.

Trump added that ‘everyone must respect’ the high court’s decision.

‘The Supreme Court decision was expected, and everyone must respect it,’ Trump said in a statement posted to Truth Social. ‘My decision on TikTok will be made in the not too distant future, but I must have time to review the situation. Stay tuned!’

The statement came moments after Trump reportedly told a small group of journalists by phone that the law banning TikTok ‘ultimately goes up to me, so you’re going to see what I’m going to do’ after taking office.

‘Congress has given me the decision, so I’ll be making the decision,’ Trump said, according to CNN, which first reported the remarks.

Trump’s Truth Social post appears to take a more deferential tone towards the nation’s highest court, including its decision to uphold the bipartisan divestiture law passed last April with wide bipartisan support.

‘There is no doubt that, for more than 170 million Americans, TikTok offers a distinctive and expansive outlet for expression, means of engagement, and source of community,’ the court wrote in the unsigned ruling. ‘But Congress has determined that divestiture is necessary to address its well-supported national security concerns regarding TikTok’s data collection practices and relationship with a foreign adversary.

‘For the foregoing reasons, we conclude that the challenged provisions do not violate petitioners’ First Amendment rights. The judgment of the United States Court of Appeals for the District of Columbia Circuit is affirmed.’

Trump has sought to delay the law from taking force. Attorneys for the president-elect filed a brief with the Supreme Court last month, asking justices to delay any decision until after Trump’s inauguration Jan. 20.

But lawmakers disagreed. 

Sen. Mitch McConnell, R-Ky., told the Supreme Court in a filing of his own that Congress explicitly set the Jan. 19 date for the divestiture clause to take force since it ‘very clearly removes any possible political uncertainty in the execution of the law by cabining it to an administration that was deeply supportive of the bill’s goals.’

This is a breaking news story. Check back shortly for updates. 

Related Topics

Donald Trump
Supreme Court

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Supreme Court upholds looming TikTok ban
next post
DOGE eyes suggestions to slash federal DEI programs: report

related articles

Ex-judges blast top Trump DOJ official for declaring...

November 15, 2025

Republicans, health experts push back on Democrats’ Medicaid...

November 14, 2025

GREGG JARRETT: Comey’s Russian hoax is a reminder...

November 14, 2025

How closed-door negotiations and a guarantee ended longest...

November 14, 2025

Trump to ask DOJ to investigate Epstein ties...

November 14, 2025

DAVID MARCUS: How Chuck Schumer finally reaped the...

November 14, 2025

We need a Marshall Plan to tackle America’s...

November 14, 2025

If Gaza’s famine was real, how come it...

November 14, 2025

Canadian spy chief warns of alarming rise in...

November 14, 2025

Former Rep. Gohmert blasts Jack Smith for allegedly...

November 14, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • LIZ PEEK: The gigantic slush fund inside the Biden White House

    February 25, 2025
  • How have UK stocks historically performed after BOE rate cuts?

    August 1, 2024
  • Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

    June 12, 2025
  • Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ CEO says

    July 23, 2024
  • The euro index is losing ground, the yen continues to rise

    August 26, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,777)
  • Investing (634)
  • Stock (950)

Latest Posts

  • Tulsi Gabbard advances out of Intel Committee in boost to confirmation odds

    February 4, 2025
  • European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms

    August 21, 2024
  • Trump threatens lawsuit over ‘blue slips’ as top GOP senator bucks demand to bend Senate rules for nominees

    August 25, 2025

Recent Posts

  • Disney raises streaming prices for Hulu, Disney+ and ESPN+

    August 7, 2024
  • Ex-Pelosi aide accuses Hakeem Jeffries of ‘squandering’ anti-Trump opportunities in stunning rebuke

    May 2, 2025
  • Romanian heatwave triggers severe drought, wipes out 90% of sunflower, corn yields

    August 14, 2024

Editor’s Pick

  • Vance previews Trump’s plans to ‘juice the economy,’ end Russia–Ukraine war in next 100 days

    April 30, 2025
  • Solana and Cardano: Solana manages to stop the retreat

    August 6, 2024
  • Trump amends executive order raising China tariffs to 20% over ‘failure to address’ fentanyl crisis

    March 4, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock