Global Stock News

Elizabeth Warren probes UAE tech access after Trump crypto investments

Elizabeth Warren probes UAE tech access after Trump crypto investments

Ranking member Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Chairman Kevin Warsh as he testifies before the Senate Banking Committee on Capitol Hill in Washington, July 15, 2026.

Tasos Katopodis | Getty Images

Sen. Elizabeth Warren, D-Mass., on Wednesday demanded that Commerce Secretary Howard Lutnick explain the Trump administration’s July decision to ease export controls on the United Arab Emirates after UAE-linked entities invested hundreds of millions of dollars in President Donald Trump’s family cryptocurrency venture.

In a letter shared exclusively with CNBC, Warren asked the Commerce Department to turn over its national-security analysis and disclose whether the Defense, State or Energy departments raised concerns about…

Source link

Share this article

Scroll to Top