The Large Fee is the latest Example of the White House’s inserting Itself into Corporate Deal making in Unusual and Aggressive Ways. Investors in a Deal to create a U.S.-Controlled TikTok, are set to Pay $10 billion to the U.S. Treasury, the Latest example of the Trump (R) Administration’s Inserting the Federal Government into Corporate Deal making in Unusual ways.
The Fee, which the U.S. Government is considering a Transaction Fee for its Role in Helping Bring about the Deal, will be Paid by New Investors in the U.S. TikTok.
The New Investors Paid the Treasury roughly $2.5 billion of the Fee when the Deal Closed in 1/2026. They Plan to Pay the Rest of the Fee in an Additional Set of Payments. The Investors include: Oracle, MGX an Emirati investment Firm, and Silver Lake another Investment Firm, which each Own about 15% of the Company.
TikTok struck a Deal with the Investors in 1/2026 to Address years of Legal Uncertainty about the Video App, Owned by the Chinese internet company ByteDance, after Bipartisan concern that its Ownership could Pose a National Security Threat. The White House has Played an Active and Untraditional Role in theDdeal from the Outset. Trump Appointed Vice President JD Vance (R) to Lead the Transaction last year.
In 9/2025, Trump said the U.S. would Receive a “Tremendous Fee” for putting the Deal together. “I call it a fee plus for just making the deal,” He said.
The Wall Street Journal earlier Reported that the Transaction Fee was set to be $10 billion. Aaron Bartnick (D), a former White House Assistant Director for Technology Security and Governance under the Biden Administration, said the $10 billion might be Unprecedented and was “outrageously large.”
During His Second Term, Trump has Aggressively involved Himself in Private-Sector Deal Making. The Government has taken Equity Stakes in several Companies, including: a 10% Stake in Intel. As part of a Deal to Clear National Security concerns surrounding the Sale of U.S. Steel to Nippon Steel in 2025, the Administration Demanded what it called a “Golden Share.”
Vance has said the Deal will vVlue TikTok at $14 billion. That would mean the Transaction Fee is about 70% of the Company’s Worth. As part of the Deal, ByteDance Separated its U.S. Arm into another Company and Brought in New Investors, which Reduced ByteDance’s Ownership Stake to just under 20%.
Additional New Investors include the Personal Investment Entity for Michael Dell, the Tech Billionaire Behind Dell Technologies, and an Affiliate of the Global Trading Firm Susquehanna.
Some of the New Investors have Ties to the Administration. Larry Ellison, a Co-Founder of Oracle, is Friendly with Trump, and is Backing the Acquisition of Warner Bros. Discovery by His Son, David Ellison, the Chief Executive of Paramount. MGX has done Business with the Trump Family’s Cryptocurrency Firm, World Liberty Financial.

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