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# Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok
- URL: https://werd.io/former-treasury-secretary-mnuchin-is-putting-together-an-investor-group/
- Published: 2024-03-14T13:39:34.000Z
- Updated: 2024-03-14T13:39:34.000Z
- Author: Ben Werdmuller
- Tags: NotableLinks, #Import 2025-06-13 09:20

"Former Treasury Secretary Steven Mnuchin is building an investor group to acquire ByteDance’s TikTok, as a bipartisan piece of legislation winding its way through Congress threatens its continued existence in the U.S."

Come on. This is brazen.

Whatever you think of TikTok, I'm not excited about the idea that the US can force a sale of an internet service because it's under the control of another company. It seems to me that this undermines the effectiveness of the internet itself: the idea that anyone can reach anyone.

"There’s no way that the Chinese would ever let a U.S. company own something like this in China," Mnuchin said. Sure - they have the Great Firewall. We don't. We're supposed to be something different. [#Technology](https://werd.io/tag/Technology)

\[[Link](https://www.cnbc.com/2024/03/14/former-treasury-secretary-mnuchin-is-putting-together-an-investor-group-to-buy-tiktok.html)\]