Trump Administration To Receive $10 Billion Fee For Brokering TikTok Sale: WSJThe Trump administration is set to receive a $10 billion fee for brokering the sale of TikTok's U.S. operations, which kept the popular social media platform from being banned in the country, The Wall Street Journal reported on Friday.The payment is part of a deal the administration made with U.S. investors, which transferred control of the company's U.S. operations from its Chinese parent company ByteDance, people familiar with the matter told the Journal. The investors include Oracle, private-equity firm Silver Lake and Abu Dhabi investor MGX. The group had already paid the Treasury Department $2.5 billion when the deal closed, but are set to make several more payments eventually adding up to $10 billion, the people told the Journal. Trump had mentioned the fee when announcing the framework for the deal in September, saying the time and effort the government put into brokering the it warranted the sizable compensation. “The United States is getting a tremendous fee-plus — I call it a fee-plus — just for making the deal and I don’t want to throw that out the window," Trump said.See All UpdatesClose