The closest precedent for this ban are laws banning foreign ownership of TV stations.

But TV has always been national. How is global social media supposed to work when every government demands to have its own version, controlled by a local company?

Do these representatives imagine a truly separate version of TikTok, like China's Douyin, without access to foreign content, and without anyone else seeing american content, without any connections between american and foreign users? Does the US want to separate itself from the world like that? China has a long tradition of this kind of separation, the US doesn't.