In his previous stint at the department, Faulkender ran the Paycheck Protection Program, a massive lending plan to help small businesses wea
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In his previous stint at the department, Faulkender ran the Paycheck Protection Program, a massive lending plan to help small businesses wea
3 June 2019 | Catherine, Duchess of Cambridge and United States Secretary of the Treasury, Steven Mnuchin arrive through the East Gallery for a State Banquet at Buckingham Palace in London, England. President Trump's three-day state visit will include lunch with the Queen, and a State Banquet at Buckingham Palace, as well as business meetings with the Prime Minister and the Duke of York, before travelling to Portsmouth to mark the 75th anniversary of the D-Day landings. (c) Victoria Jones- WPA Pool/Getty Images
Steve Mnuchin launched Liberty Capital, his own fund, while Jared Kushner launched Affinity Partners shortly after leaving the Trump White H
Mnuchin did not specify who the other investors would be in such a deal.
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.
The House of Representatives on Wednesday passed a bipartisan bill that if signed into law would force ByteDance to either divest its flagship global app or face an effective ban on TikTok within the U.S.
“I think the legislation should pass and I think it should be sold,” Mnuchin told CNBC’s “Squawk Box” on Thursday. “It’s a great business and I’m going to put together a group to buy TikTok.”
The bill is now headed to the Senate, where its future is uncertain, though President Joe Biden’s administration has indicated that he will sign the legislation if it passes.
“This should be owned by U.S. businesses. There’s no way that the Chinese would ever let a U.S. company own something like this in China,” Mnuchin said.
Lawmakers on both sides of the aisle have highlighted TikTok’s reach in the U.S. — by its own estimates, 170 million people in America use the app — as providing the Chinese government with ready access and influence over the U.S.
This got me on Last Estate, it's about that thing when super famous accomplished married women decide they want to write and direct IMPORTANT movies, and then, the movies either *disappear* or get blown up as global objects of scorn.
The House select committee investigating January 6 is zeroing in on former officials from Trump's Cabinet for testimony and is particularly interested in learning more about conversations among officials about possibly invoking the 25th Amendment after the US Capitol attack.
Weeks before the Trump administration ended, Jared Kushner and Steven Mnuchin met with future investors on official trips to the Middle East.