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According to FinanceFeeds, two Democratic senators have written to Treasury Secretary Scott Bancenet, requesting an assessment of whether the UAE government's affiliated entity's $500 million investment in the cryptocurrency company World Liberty Financial should undergo a national security review by the Committee on Foreign Investment in the United States (CFIUS).The committee, led by the Treasury Department, is responsible for reviewing foreign investment transactions that may involve sensitive technologies or data. According to a previous report by The Wall Street Journal, G42, supported by Abu Dhabi royal family member Sheikh Tahnoon bin Zayed, acquired a 49% stake in World Liberty Financial through an entity named Aryam Investment 1. The report indicated that some of the funds flowed to the Trump family and its affiliates. The Trump camp denied any knowledge of this. Senators Elizabeth Warren and Angus King questioned in their letter whether the deal could allow a foreign government access to user data and mentioned G42's past collaborations with Chinese companies. They requested the Treasury Department to clarify by March 5 whether a review process has been initiated or if a recommendation has been made to the president.World Liberty Financial is the issuer of the stablecoin USD1, which has circulated over $5 billion since its launch in March 2025. The company lists Trump and his Middle East envoy Steve Witkoff as honorary co-founders. A company spokesperson previously stated that the two were not involved in the UAE-related transactions.

According to a report by Reuters, two Democratic senators from the U.S. Senate Banking Committee, Elizabeth Warren and Andy Kim, have written to Treasury Secretary Scott Bessent, requesting a review of a transaction involving an Emirati entity acquiring a stake in a cryptocurrency company owned by the Trump family.It has been reported that a company under the Emirati national security advisor purchased a 49% stake in World Liberty Financial for $500 million. The two senators are calling for an investigation into whether this transaction poses any national security risks.Warren and Kim are asking Bessent, who is responsible for the Committee on Foreign Investment in the United States (CFIUS), to determine whether a CFIUS review is necessary for the Emirati acquisition of the 49% stake in World Liberty Financial, and if so, to conduct a comprehensive, thorough, and fair investigation. They have requested that Bessent respond to several questions by March 5, including whether CFIUS has reviewed the transaction in any form or submitted any recommendations to President Trump.The two senators pointed out that the transaction raises significant national security concerns regarding whether countries like the UAE could potentially access "sensitive personal information" collected by World Liberty Financial.