steven mnuchin
Then-Treasury Secretary Steven Mnuchin testifies on Capitol Hill.
  • Former Treasury Secretary Steven Mnuchin wants to buy TikTok.
  • Mnuchin, unlike Trump, supports bipartisan legislation that could ban the popular app.
  • The House overwhelmingly passed the potential ban on Wednesday, though it faces an uncertain future. 

Former Treasury Secretary Steven Mnuchin said on Thursday that he's exploring assembling a group of investors to purchase TikTok, an attempt to assuage US national security concerns that the popular social media app should not be under Chinese ownership.

"I understand the technology. It's a great business, and I'm going to put together a great group to buy TikTok," Mnuchin said during an interview on CNBC's "Squawk Box."