Trump lands in Senate's crosshairs over $500 million UAE investment in his crypto venture (opens original article in a new tab)

Senate Democrats are pushing for hearings into a $500 million UAE investment in Trump's crypto venture, alleging foreign influence and policy favoritism towards the Gulf state.

• Senate Democrats demand hearings on $500 million UAE investment in Trump's crypto venture World Liberty Financial
• UAE officials gained 49% stake in WLFI and paid $218 million to Trump family entities and a top Middle East diplomat
• Trump administration made policy decisions favoring UAE, including arms sales and relaxed chip export restrictions
• U.S. intelligence found G42, a UAE AI company, used U.S. tech to enhance China's missile capabilities