Array
WND is now on Trump’s Truth Social! Follow us @WNDNews
The Treasury Department is weighing whether or not it has the authority to launch an investigation into Elon Musk’s recent acquisition of Twitter, the reported Tuesday evening.
Under the terms of the deal, foreign investors, including a member of the Saudi royal family, could potentially have access to confidential financial and user data, according to The , citing anonymous sources familiar with the deal. Treasury Department officials are examining their legal options to investigate the deal, but whether they were aware of this potential information sharing was unclear and the Department’s Committee on Foreign Investment in the United States (CFIUS) typically investigates foreign nationals, not U.S. citizens like Musk.
In the past, White House officials have considered launching an investigation of the deal on national security grounds, the Post reported, citing an anonymous source. Two anonymous sources told the Post that the FBI had investigated the possible counterintelligence risks of the deal in the spring, but it was not clear if those initiatives were still underway or if they were ever elevated to the most senior officials in the organization.
