“I think the legislation should pass and I think it should be sold,” Mnuchin, who leads Liberty Strategic Capital, told CNBC’s “Squawk Box” on Thursday. “It’s a great business and I’m going to put together a group to buy TikTok.”

There is common ground between Liberty and ByteDance. Masa Son’s SoftBank Vision Fund invested in ByteDance in 2018, and is also a limited partner in Mnuchin’s Liberty Strategic. {read}