NEW YORK -- Steven Mnuchin is forming a group to buy TikTok from Chinese parent ByteDance, the former U.S. Treasury secretary said Thursday, as the popular short-video app comes under increasing pressure from lawmakers in Washington.
Former Treasury secretary wants app in U.S. hands as House pushes for sale

Steven Mnuchin, who served as Treasury secretary under former President Donald Trump, says TikTok should be owned by U.S. businesses. © Reuters
NEW YORK -- Steven Mnuchin is forming a group to buy TikTok from Chinese parent ByteDance, the former U.S. Treasury secretary said Thursday, as the popular short-video app comes under increasing pressure from lawmakers in Washington.