Former U.S. Treasury Secretary Steven Mnuchin and investors, including ex-Activision Blizzard CEO Bobby Kotick, show interest in acquiring TikTok's U.S. operations.

The House passed the 'Protecting Americans from Foreign Adversary Controlled Applications Act' with a significant majority aiming to enforce a sale or ban TikTok in six months.

Potential suitors for TikTok's U.S. assets include Rumble and investor Kevin O'Leary, amid the push for American ownership to avoid a ban.

President Biden supports the bill, ready to sign it if passed by the Senate, despite potential risks to his reelection efforts.

The White House prioritizes national security issues over TikTok's American presence, as ByteDance faces a tight deadline to divest and secure the app's future in the U.S.