Posted 3/14/2024, 2:29:00 PM
Mnuchin Assembles Investor Group to Buy TikTok as Bill Threatens App Ban Within 6 Months
- Steven Mnuchin is putting together an investor group to try to buy TikTok
- Comes after US House passed bill giving ByteDance 6 months to divest TikTok's US assets or face a ban
- TikTok called the bill a "ban" and urged senators to listen before taking action
- Mnuchin "I think the legislation should pass and I think it should be sold"
- TikTok CEO said the company will exercise its legal rights to prevent a ban