Former Treasury Secretary Mnuchin is forming an investor group to buy TikTok

Steven T. Mnuchin, 77th US Secretary of the Treasury; Founder and managing partner of Liberty Strategic Capital, speaks at the Milken Institute 2023 Global Conference in Beverly Hills, California, US, on May 2, 2023.

Mike Blake | Reuters

Former Treasury Secretary Steven Mnuchin said he is gathering an investor group to try to buy TikTok.

Mnuchin's comments come shortly after the House of Representatives on Wednesday approved a bill that would force ByteDance to divest TikTok or the social media site would face a ban in the United States.

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