This bill prohibits large social media and digital advertising platforms from storing Americans' personal data in foreign adversary countries or allowing officials from those countries to access such data. The legislation applies to major websites and apps with over 100 million monthly active users that sell digital advertising, and it specifically designates China, Russia, Iran, North Korea, Cuba, and the Maduro regime in Venezuela as foreign adversaries. The Federal Trade Commission would have one year to write regulations enforcing these restrictions and would treat violations as unfair or deceptive business practices under existing consumer protection law. The bill does not preempt state privacy laws, meaning states could maintain their own stronger data protection rules if they choose. The FTC would be required to report to Congress within one year on how it implements and enforces the new restrictions.
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