Liz Hoffman: Key senator, Ron Wyden, criticizes Mnuchin’s #TikTok bid, ties to Gulf money

"Sen. Ron Wyden, the chair of the powerful Senate Finance Committee, sharply criticized former Treasury Secretary Steven Mnuchin, and his ties to money from the Middle East, in his effort to buy TikTok from its Chinese owner.

Mnuchin told CNBC last week that he’s assembling a group of investors to buy the platform after the House overwhelmingly passed a bill forcing it to either be sold within six months or banned from app stores. The White House has urged the Senate, where the bill has powerful backers and opponents in both parties, to move quickly."

“I don’t see how America will be any more secure if the next owner of TikTok is a MAGA Trump crony backed by Saudi Arabia’s sovereign wealth fund,” Wyden told Semafor.

#Mnuchin
https://www.semafor.com/article/03/18/2024/senator-ron-wyden-criticizes-mnuchins-tiktok-bid-ties-to-gulf-money