Home NationalFormer Treasury Secretary Mnuchin Eyes TikTok Acquisition as White House Urges Senate Action

Former Treasury Secretary Mnuchin Eyes TikTok Acquisition as White House Urges Senate Action

by Sonia Park
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Former Treasury Secretary Mnuchin Eyes TikTok Acquisition as White House Urges Senate Action

Former Treasury Secretary Steven Mnuchin is making moves to acquire TikTok, the popular video-sharing app owned by Chinese tech giant ByteDance, as the White House calls on the Senate to pass legislation aimed at regulating the platform's ownership and operations.

https://youtu.be/-9E3uJxA2mI

Mnuchin revealed his plans to CNBC, stating that he is assembling an investor group to purchase TikTok from ByteDance. His bid comes in the wake of a recent House vote approving a bill that would compel ByteDance to sell TikTok within 180 days or face a ban in. . .

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