But the bill faces a more uncertain path in the Senate where some favor a different approach to regulating foreign-owned apps posing security concerns.
Speaking with Reuters' Lisa Bernhard, Scharf called the House move "unprecedented", noting that TikTok is more than a just company, it's an "ecosystem."
"There are billions of dollars of advertising running through it. And a lot of people's livelihoods are staked to it. And so there's going to be probably a lot of care around making sure that those livelihoods are insured following a sale."
He also discussed the FOMO that continues to drive bitcoin higher, and why drama at Dollar Tree is leading to the closure of 1,000 stores.
