Senator Wyden Criticizes Mnuchin's TikTok Acquisition Plan
Concerns over national security and foreign influence dominate the debate as Mnuchin's plan to buy TikTok faces backlash.
- Democrat Senator Ron Wyden expresses concern over former Treasury Secretary Steven Mnuchin's efforts to buy TikTok, citing national security and foreign influence issues.
- Wyden criticizes Mnuchin's ties to Saudi Arabia's sovereign wealth fund, highlighting potential conflicts of interest.
- The House passes a bill that could lead to TikTok being banned in the U.S. unless sold by its Chinese parent company within five months.
- Former President Trump opposes the legislation, arguing it would benefit Facebook and CEO Mark Zuckerberg.
- Mnuchin's investment fund, Liberty Strategic Capital, reportedly has investors including Saudi Arabia's Public Investment Fund.