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Al Jazeera
Al Jazeera
Technology

Former Trump official Steve Mnuchin puts forward plan to buy TikTok app

Former United States Treasury Secretary Steve Mnuchin has yet to release full details of his TikTok acquisition plan [File: Graeme Jennings/Pool via Reuters]

Former United States Treasury Secretary Steve Mnuchin has announced plans to rally investors in the hopes of buying the popular video-sharing app TikTok.

The announcement comes after the House of Representatives passed a bill on Wednesday that seeks to ban the app unless its China-based parent company ByteDance divests from its US operations, amid national security concerns. The Senate, however, has yet to schedule a vote on the bill.

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