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Former Treasury Secretary Steven Mnuchin is putting together an investor group to buy TikTok

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

Mnuchin’s statements come shortly after the House of Representatives on Wednesday passed a bill that would force ByteDance to divest TikTok or the social media site would face a ban in 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.”

Read more from NBC News.

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