Democratic Senators Elizabeth Warren and Andy Kim challenged Treasury Secretary Scott Bessent to investigate a $500 million foreign entry into President Donald Trump’s family cryptocurrency business, World Liberty Financial. In a letter dispatched to the Treasury, the lawmakers flagged a purchase that transferred a 49% equity stake in the project to a United Arab Emirates-backed vehicle just 96 hours before Trump took the oath of office. US Lawmakers Demand Treasury Probe into WLFI Warren and Kim demanded that the Committee on Foreign Investment in the United States (CFIUS) determine whether this capital injection into WLFI threatens national security. “Given the speed at which the deal reportedly closed—which ‘granted swift paydays to entities affiliated with the Trumps’—it isimportant to know whether Trump officials gave UAE-backed investors special treatment,” the lawmakers wrote
source: https://beincrypto.com/trump-world-liberty-financial-investigation-uae-investment/