Former Treasury Secretary Steve Mnuchin says he’s going to put together investor group to buy TikTok

Associated Press

Former Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok, a day after the House of Representatives passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake. Speaking on CNBC’s “Squawk Box,” Mnuchin said he believes TikTok should be sold. “This should be owned by U.S. businesses. There’s no way that the Chinese would ever let a U.S. company own something like this in China,” Mnuchin said on the program.