TECH - GOP Senator Who Owns Meta Stock Denies Conflict of Interest Ahead Of TikTok Ban Vote: 'I Am Not Fighting Against A Company' | Benzinga
Senator Markwayne Mullin (R-Okla.) has refuted that there is any conflict of interest over his ownership of Meta Platforms Inc. (NASDAQ:META) shares, ahead of a vote to potentially ban TikTok.
What Happened: The senator was questioned on Last Call with CNBC about the optics of voting on the TikTok ban while owning Meta shares. Mullin purchased Meta shares in January, leading to speculation that his vote could be influenced by potential profit gains for Meta, a TikTok competitor, if the ban is implemented.
"Do you worry about the optics of voting on this legislation, but also owning ?" @SullyCNBC asks @SenMullin ahead of a vote to potentially ban TikTok. pic.twitter.com/CsvKYx3z3K — Last Call (@LastCallCNBC) April 23, 2024
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While Mullin denied divulging details about his market activities, he mentioned that he was not fighting against a company, but the Chinese Communist Party.
“What I am saying is the Chinese Communist Party should not ...