Steve Mnuchin, Treasury Secretary in the Trump administration, said Tuesday he is still interested in buying TikTok from ByteDance, which has ties to the Chinese Communist Party.

He also said the controversial social media apps’ algorithm could be rebuilt if the Chinese government bars ByteDance from selling it.

Mnuchin, who sits on the board of private equity firm Liberty Strategic Capital, reportedly last month began to build an investor group to purchase TikTok as legislation requiring ByteDance to divest its interest in the app by mid-January or face a U.S. ban was working its way through Congress. President Joe Biden signed the bill into law April 24.

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