TikTok’s CEO testifies on Capitol Hill; Wyoming’s abortion ban blocked; and the latest on former President Donald Trump’s indictment. These stories and more highlight the Straight Arrow News daily rundown for Thursday morning, March 23, 2023.
TikTok CEO to testify on Capitol Hill
TikTok’s CEO will testify before a House committee today, March 23, defending his app amid growing calls from Congress to enact a nationwide ban. Shou Zi Chew is expected to be questioned over security concerns related to the app. According to prepared testimony, he will tout that the U.S. has 150 million users and insist their information is stored on American soil and overseen by an American company.
Trump lawyer to testify in docs probe
A federal appeals court has ruled against an attorney for former President Donald Trump, ordering him to comply with a federal grand jury subpoena in its Mar-a-Lago classified documents investigation. Evan Corcoran’s testimony in the probe could come as early as Friday. Corcoran is being asked to provide information about his communications with Trump, something the attorney and trump have argued is protected under attorney-client privilege.
This comes as the nation awaits whether or not Trump will be charged by the Manhattan District Attorney’s office. The grand jury is expected to reconvene today, March 23.
Moderna CEO faces Senate questioning
The Senate Health Committee held a hearing Wednesday, March 22, to speak with the Moderna CEO Stephanie Bancel about proposed price hikes for the company’s COVID-19 vaccine. Moderna said it will drastically raise the price once its contract with the government ends in the coming months, going from $26 per dose to $130 per dose. That’s a price increase of 400%. Despite pressure from lawmakers on Capitol Hill, Moderna’s Bancel defended the company’s price hike, predicting a 90% drop in demand for the vaccine.
Judge blocks Wyoming abortion ban
Abortions have gone from legal to illegal and back to legal again in the state of Wyoming. A U.S. district court judge on Wednesday, March 22, temporarily blocked a statewide abortion ban that came into effect over the weekend of March 18-19.
The state’s new law prohibits abortion at all stages of pregnancy except in cases of rape or incest, or to save the woman’s life.
The new law had to define an abortion as “a procedure that is not health care” because the state’s constitution states people have the right to make their own health care decisions.
SEC charges Lohan and other celebrities
U.S. regulators have charged eight celebrities, including actress Lindsay Lohan and social media personality Jake Paul, with participating in an illegal crypto scheme. The stars allegedly used their social platforms to boost two crypto tokens without disclosing they were paid to promote them.
Lohan has more than 8 million followers on Instagram where she called for her followers to invest. The charges were announced by the U.S. Securities and Exchange Commission. Lohan and Paul have paid to settle the charges without admitting guilt.