Home BlockchainSenators Urge CFIUS Probe of $500M UAE Stake in Trump-Linked WLFI

Senators Urge CFIUS Probe of $500M UAE Stake in Trump-Linked WLFI

by CoinTelegraph
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Two US senators are pressing the Treasury Department to investigate a reported foreign investment in a crypto venture tied to the Trump family, raising concerns about national security, foreign influence and access to sensitive financial data.

In a Friday letter to Treasury Secretary Scott Bessent, Massachusetts Senator Elizabeth Warren and New Jersey Senator Andy Kim asked the government to determine whether the Committee on Foreign Investment in the United States (CFIUS) should investigate a deal in…

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