Democratic Senators Elizabeth Warren and Andy Kim have urged a U.S. Treasury review of a $500 million foreign investment in World Liberty Financial (WLFI), citing national security concerns. They want the Committee on Foreign Investment in the United States to determine if the deal, linked to Sheikh Tahnoon bin Zayed Al Nahyan’s investment vehicle, poses risks.
U.S. Democratic Senators Elizabeth Warren and Andy Kim have urged Treasury Secretary Scott Bessent to review the $500 million foreign investment linked to World Liberty Financial.
They want the National Security Panel Committee on Foreign Investment in the United States to determine whether the deal poses risks. At the center of the concern is a reported sale of a 49% stake to Aryam Investment, backed by Sheikh Tahnoon bin Zayed Al Nahyan.
The transaction closed just days before Trump’s inauguration in 2025, when the project had no live products. Two executives from AI firm G42 were placed on WLFI’s board as well, adding to the narrative.
Senators Warren and Kim have argued that this could allow foreign influence over a business tied to a sitting president, while also creating potential data-privacy risks for users. They also mentioned links between Tahnoon’s network and firms like MGX, which previously invested in Binance using WLFI’s USD1.
The Treasury now faces a March 5 deadline to respond. AMBCrypto previously reported that U.S. President Donald Trump denied any and all knowledge of the deal.
