Senator Raises Questions About Reported $10 Billion Payment to Trump Administration for TikTok U.S. Deal, Including President’s Involvement

Investors including Oracle and Silver Lake that acquired stakes in the new U.S.-based TikTok joint venture are reportedly paying a $10 billion fee to the Trump administration as part of the deal — and now a senior Democratic senator is looking for answers about the arrangement. In January, under a deal brokered by the Trump […]

By Todd Spangler