Political Quotes

“I thank the gentleman for yielding time. Mr. Speaker, I think it is important we solve the right problem. The gentleman from New Jersey, who isn't actually opposed to the bill, seems to have identified the real issue, which is data privacy. I think it is important that we solve the correct problem. Our problem with all these companies, social media and otherwise-- your car, your phone, you name it--is surveillance. The spying that goes on of American citizens does need to be addressed, and it should be addressed by the Energy and Commerce Committee. {time} 0930 I have long pleaded with Members of both sides of the aisle to pass H.R. 4639 to reclaim the privacy rights that are so deeply infringed in our country, and by avoiding that problem, we take away the energy and momentum to address the root issue. Frankly, the people sponsoring this bill today claim that the real issue is ownership. Nonetheless, who owns this company? It is not 100 percent owned by ByteDance. Mr. Speaker, 60 percent of it is owned by investors, including American investors; 20 percent is owned by the founders; and 20 percent is owned by employees, over 7,000 employees. The company's headquarters is not in China, it is in Singapore. The American user data isn't housed in China, it is housed in Texas controlled by a database owned by Oracle.…”