House Speaker Kevin McCarthy said lawmakers will move forward with a bill to address national security worries about TikTok. The announcement comes after TikTok CEO Shou Zi Chew appeared before a House committee last week and was grilled by lawmakers about national security and other concerns involving the app, which has 150 million American users.
Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.
Barry Valentine, senior advisor at The Wicks Group and former FAA administrator, joined Cheddar News to discuss the massive system outage that caused thousands of flight delays.
The World Economic Forum on Wednesday released its annual Global Risks Report, which found that global leaders are more concerned about the cost of living than climate change.