Former Treasury Secretary Mnuchin Says He’s Looking to Buy TikTok

Published on March 14, 2024

Former Secretary of the Treasury Steven Mnuchin announced during a March 14 interview that he is putting together a group of investors to submit a bid for the acquisition of social media platform TikTok. This comes one day after the Protecting Americans from Foreign Adversary Controlled Applications Act passed the House of Representatives by an overwhelming vote of 352–65. The legislation would prohibit the Chinese-controlled social media giant or mandate its sale to a U.S.-based owner. “It’s a great business, and I’m going to put together a group to buy TikTok,” Mr. Mnuchin said in an interview on CNBC on Thursday morning....

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