Kushner says Oracle-TikTok deal ‘hopefully’ meets US approval

White House adviser Jared Kushner said he hopes a proposed deal for Oracle Corp. to purchase TikTok can win approval as the Trump administration proceeds with a national security review of the transaction.

“Hopefully the application qualifies on the merits for what we’re trying to accomplish from a national security point of view,” Kushner said early Tuesday in an interview with CNBC.

Kushner added that he spoke earlier Tuesday with Treasury Secretary Steven Mnuchin, who has been a central figure in the administration’s efforts with TikTok.

The U.S. is undertaking a two-track national security review of Oracle’s TikTok proposal this week. President Donald Trump has until Sept. 20 to make a decision.

The deal, if finalized, would create what Mnuchin called “TikTok Global.” The Treasury chief has said the unit would have its headquarters in the U.S. and create 20,000 jobs—potentially a move to sweeten the deal as Trump seeks re-election in November.

The sale of TikTok—forced by a Trump administration ban on national security grounds due to TikTok’s Chinese ownership—is one of the issues at the heart of the fraying Washington-Beijing relationship. Any deal still requires sign-offs from both the U.S. and China.