European Justice Commissioner Vera Jourova tells Bloomberg that the bloc would consider suspending its Privacy Shield agreement with the United States if it felt the U.S. wasn't standing by its part of the bargain:

"I will not hesitate to do it. There's too much at stake."

Why it matters: The deal calms fears in Europe about privacy violations and eases the way for companies to store user data in a country other than the one where the user lives. But language in one of President Trump's executive orders has some worried that the administration could undermine the privacy rights of foreign nationals.

What's next: Bloomberg reports Jourova has a trip to Washington in the works for later this month. She said it would take a "significant change" to see the deal suspended.

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Appeals court allows House Democrats to continue lawsuit for Don McGahn testimony

Don McGahn in an October 2018 Cabinet meeting. Photo: Chip Somodevilla/Getty Images

A D.C. appeals court on Friday allowed House Democrats to continue their case for testimony from former White House counsel Don McGahn before the House Judiciary Committee.

Why it matters: The ruling has broader implications beyond this specific instance, agreeing that Congress has the standing to sue to enforce subpoenas against executive branch officials even if the White House refuses to comply.

There's little consensus on TikTok's specific national security threat

Illustration: Aïda Amer/Axios

TikTok has become a Rorschach test for how U.S. politicians view China, with little consensus on the specifics of its threat to homeland security.

The big picture: Much of what D.C. fears about TikTok is fear itself, and that's reflected in President Trump's executive order to ban the app by Sept. 20 if it's not sold by parent company ByteDance — alongside another focused on Chinese messaging app WeChat and its parent company Tencent.

U.S. sanctions Hong Kong leader Carrie Lam

Photo: Anthony Kwan/Getty Images)

The Treasury Department on Friday placed sanctions on Hong Kong leader Carrie Lam, following months of tension as she has allowed continued overreach by Beijing to subvert Hong Kong's autonomy.

Why it matters: It's the toughest sanction yet imposed on China for its destruction of Hong Kong’s relatively free political system.