Senator Raises Questions About Reported $10 Billion Payment to Trump Administration for TikTok U.S. Deal, Including President’s Involvement
#TikTok #Trump administration #$10 billion #Senator #U.S. deal #payment #investigation
📌 Key Takeaways
- Senator questions reported $10 billion payment to Trump administration for TikTok U.S. deal.
- Concerns raised about President Trump's potential involvement in the deal.
- Payment details and terms of the TikTok agreement under scrutiny.
- Investigation into whether the deal involved improper financial arrangements.
📖 Full Retelling
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 […]
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Political Scrutiny, Tech Deal
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Original Source
Mar 18, 2026 2:08pm PT Senator Raises Questions About Reported $10 Billion Payment to Trump Administration for TikTok U.S. Deal, Including President’s Involvement By Todd Spangler Plus Icon Todd Spangler NY Digital Editor xpangler Latest Senator Raises Questions About Reported $10 Billion Payment to Trump Administration for TikTok U.S. Deal, Including President’s Involvement 4 minutes ago Disney CEO Changeover: Josh D’Amaro Says Disney+ Will Be ‘Digital Centerpiece’ for Growth as Bob Iger Delivers Farewell Address: ‘It Has Meant More to Me Than I Can Say’ 4 hours ago Josh D’Amaro, on His First Day as Disney CEO, Tells Employees ‘Creative Excellence Will Remain Our North Star’ 5 hours ago See All 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 administration, ByteDance sold a majority stake in TikTok’s U.S. business to non-Chinese investors , including Oracle, Silver Lake and Abu Dhabi’s state-owned investment firm MGX. Beijing-based ByteDance retains 19.9% of the joint venture; the deal brought ByteDance and TikTok into compliance with the U.S.’s TikTok divest-or-ban law that went into effect in January 2025 (which prohibits prohibits distribution in the U.S. of any app that is more than 20% owned by partied domiciled in a country designated a “foreign adversary” to America). Related Stories 'Pinocchio Unstrung' Trailer: Wooden Doll Turns Homicidal in Next IP Bludgeoning From 'Winnie-the-Pooh: Blood and Honey' Team
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