Trump administration to be paid $10B for brokering TikTok deal

(theguardian.com)

17 points | by andsoitis 10 hours ago ago

4 comments

  • rayiner 9 hours ago ago

    The fee isn’t being paid to the “Trump administration.” It’s being paid to the U.S. Treasury: https://finance.yahoo.com/news/trump-administration-set-rece... (“Sources familiar with the matter indicate that the Treasury received an initial $2.5 billion payment upon the deal’s closing in January, with the remainder to be paid in installments until the $10 billion threshold is met.”).

    Exaggerating straightforward facts to maximize clicks for every story undermines the other reporting of the plenty of sketchy things the administration is actually doing.

    • voganmother42 3 hours ago ago

      The same treasury trump is suing for that same 10B?

  • oa335 4 hours ago ago

    Not a fan of Trump administration in general, but I do like how he is extracting concessions from large corporations (this, Intel deal, etc) for the benefit of US Treasury.

  • ck2 10 hours ago ago

    Roughly same cost as first week of his war

    so Congress should seize it and put it back in the treasury

    QatarForceOne will also have to be sold, they stole a BILLION from nuclear missile maintenance to refurbish it!