President Donald Trump boasted that he would save the popular social media platform TikTok from a ban in the U.S. And that still could happen. However, according to those close to the talks, negotiations between the U.S. and TikTok's parent company, the China-based ByteDance, have stalled.

Now he’s playing a new role as he oversees TikTok’s fate: investment banker. In public and behind the scenes, Trump has discussed possible deals to Americanize control of the Chinese-controlled app he once tried to ban,

TikTok’s Chinese owner is slow-rolling negotiations for a sale, as the Trump administration seeks to broker a deal.