CNBC's Eamon Javers reports on President Donald Trump's commentary from the Oval Office about the status of the TikTok deal after his call with China's President Xi Jinping.

Washington

President Trump announced that he and Chinese President Xi Jinping have both approved a deal for TikTok to be transferred to US investors, though the agreement is not yet finalized. Trump indicated that the process is progressing well and that major American investors are involved, but final approval is still pending.

Trump also addressed questions about control of TikTok’s algorithm, stating that the US side would have control under the proposed deal. He did not confirm whether the US government would have a board seat in the restructured company, noting that further details would be announced in the future. The president also dismissed the idea of Treasury Secretary Scott Besson simultaneously serving as Federal Reserve chair.

Pres. Trump: China's President Xi has approved TikTok deal

Yeah, Melissa, that's right. President Trump is talking TikTok in the Oval Office. He says that he and Xi Jinping did approve a deal to transfer TikTok to U.S. investors. He also says the deal is not closed and needs to be closed. He says progress on the deal is coming along very well. Here's what he said just a few moments ago. I had a great call with President Xi, and as you know, he approved the TikTok deal. And we're in the process. We have some great investors, some of the biggest in the world, American investors, great people. And we look forward to getting that deal closed. I guess it could be a formality. I found his words to be very good. We have a very good relationship. But the TikTok deal is well on its way, as you know, and the investors are getting ready. And I think China wanted to see it stay open, too. They wanted to see it. So the president there is saying the TikTok deal is well on its way and needs final approval. He was also asked about this idea of the algorithm and who would control it. He said the U.S. side will have control under the deal he's contemplating with Xi Jinping, and they discussed today. And he was asked about the idea of a U.S. government board seat on the newly reconstituted U.S. TikTok. And he did not answer that directly. He did not say for sure that the U.S. will get a board seat. He said, we will announce that. Presumably, at some point in the future, there's going to be an announcement of the specifics here. He was also asked, interesting enough, Melissa, Sean Spicer, the former White House press secretary, is in the press pool today asking questions of the president that he used to work for. And Spicer asked the president about this idea that Steve Bannon floated on Spicer's podcast of Scott Besson, the Treasury secretary, having two hats, that is, being Treasury secretary and chairman of the Fed at the same time. The president poured a little cold water on that idea. He said, I don't think that'll be necessary. He said he's asked Besson about being Fed chair. And Besson doesn't want the job because he likes being at Treasury. But the president did have a joke there, which was, he said, maybe we could save some money in salary if we have the same person as Treasury secretary and as Fed chair.

Three Russian military jets violated NATO member Estonia's airspace for 12 minutes on Friday in an "unprecedentedly brazen" incursion, its government said, the latest in a series of recent military actions by Russia that have rattled the alliance.

Tallinn

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President Trump said Friday that he and Chinese President Xi Jinping "made progress" on a deal over TikTok ownership, and that he would visit China early next year.

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Tehran

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Gunfire struck the building that houses the ABC 10 TV station in Sacramento on Friday afternoon. No one was injured.

Sacramento

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President Trump signed two executive orders at the White House on Friday night. The first established the Trump Gold Card as a path to U.S. citizenship for $1 million. The second adds a $100,000 fee for skilled worker visas called H-1B worker visas.

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Three Russian fighter planes flew into Estonian airspace, and NATO scrambled Italian, Swedish and Finnish aircraft to repel them. Russia last week sent drones into Romania and Poland, two other NATO members.

Ukraine Invasion

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Protesters are clashing with federal agents outside an ICE detention facility near Chicago. Video shows what appears to be tear gas being deployed and some physical altercations.

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U.S. President Donald Trump and Chinese President Xi Jinping discussed agriculture, tech and trade during a call about potential deals on Friday (Sept. 19). Trump says he and Xi made progress on a TikTok deal.

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Tiranë

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A spokesperson for the Taliban Foreign Ministry said the couple "violated Afghan law" and were released from prison on Friday after a court hearing but didn't say what law they were alleged to have broken.

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Three Russian MiG-31 fighter jets lingered in NATO-member Estonia's airspace for several minutes on Friday, according to Estonian authorities.

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The U.S. House of Representatives has passed a short-term spending bill to avert a government shutdown that would fund the government until Nov. 21. CBS News' Nikole Killion reports.

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French President Emmanuel Macron tells "Face the Nation" moderator Margaret Brennan that France's decision to recognize a Palestinian state is necessary "to isolate Hamas" and help stop the war.

Paris

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A much-awaited announcement about a deal to keep Chinese-owned App TikTok online in the US is likely in the coming hours. It will be one of the main items on the agenda of a phone-call between Donald Trump and Xi Jinping. The two men will also discuss a standoff over trade tariffs.

Beijing

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ABC confirmed that the popular late-night show "Jimmy Kimmel Live!" has been "preempted indefinitely" following comments Kimmel made on the show in response to the shooting death of conservative activist Charlie Kirk.

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