Text size About the author: James Maloney is founding partner of Tiger Hill Partners, a regulatory and public affairs firm. Congress welcomed TikTok CEO Shou Zi Chew to Washington last week by way of a five-hour-long grilling in front of the House Energy and Commerce Committee. Sharp questions instantly captured headlines. A bill that could ban the app is likely to be marked up in the Senate in coming weeks. But the tense hearing produced an outcome more consequential in scope than the future of a single company. The wider business community should pay close attention to the denouncements of...