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Watch live: Sen. Warner holds press briefing on TikTok

FILE - This photo shows a TikTok app logo in Tokyo on Sept. 28, 2020. In the latest salvo in the battle over the Chinese-owned video sharing app, Beijing says a ban on the use of TikTok by official European Union institutions will harm business confidence in Europe. (AP Photo/Kiichiro Sato, File)

Sens. Mark Warner (D-Va.) and John Thune (R-S.D.) are introducing legislation that gives the secretary of Commerce the power to ban TikTok.

The bipartisan bill would empower the secretary to take measures against technology companies based in six countries labeled as foreign adversaries. The six countries are China, Russia, Iran, North Korea, Venezuela and Cuba.

The House Foreign Affairs Committee passed a similar bill last week.

A press conference to announce the Warner-Thune legislation is scheduled to begin at 3 p.m. ET.

Watch the live video above.