Senate fight ahead: Yesterday, a bill that would force TikTok's owners to either sell to an American company or see it banned from U.S. app stores passed the House, 352–65. President Joe Biden has indicated he would sign it, but it now faces a long battle through the Senate, where it may be amended or otherwise held up.
"I think the legislation should pass and I think it should be sold," former Treasury Secretary Steven Mnuchin told CNBC's Squawk Box this morning. "It's a great business and I'm going to put together a group to buy TikTok."
