Senator Criticizes Mnuchin's TikTok Bid and Potential Gulf Money Ties

1 min read
Source: Semafor
Senator Criticizes Mnuchin's TikTok Bid and Potential Gulf Money Ties
Photo: Semafor
TL;DR Summary

Sen. Ron Wyden criticized former Treasury Secretary Steven Mnuchin's bid to buy TikTok, citing concerns about his ties to money from the Middle East, particularly from Saudi Arabia and other Gulf states. Mnuchin's effort to assemble a group of investors to buy the platform comes after the House passed a bill forcing its sale within six months. Wyden expressed concerns about potential national security risks if the next owner of TikTok has ties to Saudi Arabia, and raised questions about Mnuchin's fundraising activities during his time in government.

Share this article

Reading Insights

Total Reads

0

Unique Readers

2

Time Saved

1 min

vs 2 min read

Condensed

74%

33788 words

Want the full story? Read the original article

Read on Semafor