AXIOS (Dan Primack) - New questions arise over TikTok sale
Sen. Mark Warner (D-Va.) has questions about a $10 billion fee that TikTok's buyers reportedly are paying the U.S. Treasury Department, on top of what they spent to buy the actual business from China's ByteDance. - But those involved are keeping silent. Driving the news: Warner yesterday sent a letter to Treasury Secretary Scott Bessent, asking about how the fee was determined, approved and how the money would be spent without violating the Anti-Deficiency Act — a rule that prohibits federal agencies from spending money without Congressional appropriation (unless used for deficit reduction). - His office seems to have no additional information than what was first reported by the WSJ . - For context, a typical M&A banker would take…