U.S. Lawmakers Urge CFIUS to Investigate UAE Investment in WLFI

U.S. Senators Elizabeth Warren and Andy Kim have called on the Treasury Department to investigate a $50 million investment by the United Arab Emirates in WLFI. According to Bitalk News, the transaction has connections to the Trump family, raising concerns about national security and foreign influence. The lawmakers are urging the Committee on Foreign Investment in the United States (CFIUS) to scrutinize the deal to ensure it does not compromise U.S. interests. The involvement of foreign entities in American businesses, especially those linked to political figures, has prompted heightened scrutiny from both parties in Congress.