The White House is close to reaching a settlement with TikTok involving child privacy allegations, according to a report from ABC News . The social media platform would reportedly pay about $400 million and that money would be directed to so-called beautification efforts in Washington D.C., something President Donald Trump has been fixated on during his second term. The allegations that TikTok illegally engaged in “massive-scale invasions of children’s privacy,” actually date to 2024 when President Joe Biden was in office. The U.S. government brought a lawsuit that said the company was collecting sensitive information about children without the consent of parents. The settlement hasn’t been finalized, according to ABC, but could total about $400 million and be directed to a federal agency where it would be spent on projects Trump likes. Typically, money brought in from a settlement like this is spent on the victims or issues related to the harm caused.…