New York Post
By Thomas Barrabi
Published March 14, 2024
Updated March 14, 2024, 3:08 p.m. ET
Former Treasury Secretary Steven Mnuchin revealed Thursday that he’s building a team of investors to potentially buy TikTok after House lawmakers overwhelmingly passed a bipartisan bill that would force its China-based parent ByteDance to sell.
Mnuchin expressed support for the Protecting Americans from Foreign Adversary Controlled Applications Act, which gives ByteDance six months to divest its stake in the company or face a total ban in the US. As The Post reported, Senate Majority Leader Chuck Schumer (D-NY) faces intense pressure to bring it up for a speedy vote.