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Senator wants White House to answer if TikTok investors will pay $10 billion to US Treasury
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Senator wants White House to answer if TikTok investors will pay $10 billion to US Treasury
Mar 17, 2026 12:01 PM

March 17 (Reuters) - The top Democrat on the Senate

Intelligence Committee on Tuesday asked the White House to

answer if investors are paying $10 billion to the Treasury as

part of the Trump administration-brokered sale of TikTok's U.S.

operations.

Senator Mark Warner cited a Wall Street Journal report that

investors in the new TikTok joint venture - including Oracle,

Silver Lake, Abu Dhabi's MGX, and other investors - have already

paid $2.5 billion to the Treasury and will pay the remaining

$7.5 billion in installments. ByteDance said in January TikTok

USDS Joint Venture LLC will secure U.S. user data, apps and

algorithms through data privacy and cybersecurity measures.

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