There is a clause in the bipartisan bill that permits an extension, but only if all three requirements are fulfilled and approved by the president.
“A path to executing a qualified divestiture has been identified” is the first requirement, followed by “evidence of significant progress toward executing such qualified divestiture.
Has been produced” and “the relevant binding legal agreements to enable execution of such qualified divestiture during the period of such extension,” as stated in the law’s text.
This month, Jeffrey Fisher, the lawyer representing a number of TikTok artists, told the Supreme Court that the legislation does not provide the new president the authority.
According to Fisher, the deadline is January 19. “As I understand the law, it’s 270 days unless extended, and once that time runs, I’m not sure you’re talking about an extension anymore,” Fisher told the high court.
When confronted about this situation during oral arguments, U.S. Solicitor General Elizabeth Prelogar remained silent,
