TikTok is more than an app. TikTok is an opportunity for President Donald Trump to bestow great wealth—and considerable media power—on a clique of allies and insiders. The details of this gift are taking shape out of the public eye. By the time the specifics become available, it will likely be too late to change them.
In 2024, Congress ordered TikTok’s parent corporation to divest its U.S. operations or face a U.S. ban. The Trump administration delayed enforcing the law, but on September 25, the White House issued an executive order to set a plan in motion. Important details of this plan remain undisclosed, but what has been released should alarm anyone concerned about this administration’s drive to consolidate wealth and media power in the hands of a loyal few.
[Damon Beres: Billions of