[Subsidized] What will be the outcome of the TikTok ban bill (PAFACA Act)?
36
1.1kṀ4591resolved Apr 25
100%95%
Passes House of Representatives; fails in the Senate ❌
0.2%
Fails/dies in the House of Representatives ❌
0.1%
Passes Congress; presidential veto ❌
0.1%
Passes Congress; veto overridden ✅
5%
Passes Congress; signed into law ✅
Resolves to the outcome of H.R.7521.
"Signed into law" also includes a pocket veto in which the bill is not signed by the President but becomes law automatically.
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Update: It appears very likely that H.R.7521 will not have any further action in the Senate. I want to clarify that actions on any other bill have no effect on this market.
@thepurplebull Some relevant context for people following on the difference between the two bills:
https://www.cnn.com/2024/04/20/tech/tiktok-ban-explained/index.html
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