{"id":1720947,"date":"2022-11-02T07:33:49","date_gmt":"2022-11-02T11:33:49","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1720947"},"modified":"2022-11-02T07:33:57","modified_gmt":"2022-11-02T11:33:57","slug":"feds-look-into-opening-investigation-into-musk-over-ties-to-foreign-governments-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/feds-look-into-opening-investigation-into-musk-over-ties-to-foreign-governments-report\/","title":{"rendered":"Feds Look Into Opening Investigation Into Musk Over Ties To Foreign Governments: Report"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffeds-look-into-opening-investigation-into-musk-over-ties-to-foreign-governments-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1720947&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>U.S. Treasury Department officials are reportedly looking at whether they have the legal authority to investigate Elon Musk\u2019s recent purchase of Twitter due to his close ties to foreign governments and investors, which includes entities that are hostile to the United States.<\/p>\n<p>The Washington Post <a href=\"https:\/\/www.washingtonpost.com\/us-policy\/2022\/11\/01\/musk-twitter-treasury-department-review\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> that officials are concerned because \u201clarge foreign investors would have access to confidential information about Twitter\u2019s finances \u2014 and potentially its users,\u201d under the terms of Musk\u2019s purchase of the company.<\/p>\n<p>The report said that the FBI was also looking into potential counterintelligence risks posed by the acquisition this spring but it was unknown where the Bureau was currently at on the matter.<\/p>\n<p>The White House was <a href=\"https:\/\/www.dailywire.com\/news\/biden-admin-discussing-taking-new-action-over-elon-musks-business-dealings-report\">reportedly<\/a> weighing last month subjecting Musk\u2019s business dealings to national security reviews because of how much power he has acquired. Bloomberg News reported that the administration specifically wanted to scrutinize Musk\u2019s Twitter deal and SpaceX\u2019s Starlink satellite network. The White House <a href=\"https:\/\/www.dailywire.com\/news\/white-house-responds-to-report-claiming-elon-musk-is-under-national-security-review\">denied<\/a> these claims.<\/p>\n<p>The Washington Post specifically noted that the areas of concern are related to \u201ca Saudi prince\u2019s holding company and a subsidiary of the Qatari sovereign wealth fund,\u201d which are some of the investors backing the deal. An even more problematic investor is the Chinese cryptocurrency exchange Binance, and Musk has extensive ties to communist China through his role as CEO of Tesla.<\/p>\n<p>Treasury staff at the Committee on Foreign Investment in the United States (CFIUS) are reportedly investigating whether Musk\u2019s purchase of Twitter could spark a national security investigation after a 2018 legislative update allows CFIUS to investigate \u201cnot only foreign ownership, but minority stakes in critical areas, including sensitive personal data held by businesses.\u201d<\/p>\n<p>Andrew Grotto, a former senior director for cybersecurity policy who focused on CFIUS under the Obama and Trump administrations, warned that hostile entities potentially gathering sensitive data on Americans would be a grave national security concern.<\/p>\n<p>\u201cThat is an area where I think CFIUS has some pretty robust authority to ensure that Americans\u2019 personal data isn\u2019t exploited nefariously by a foreign government,\u201d he said. \u201cThat springs to my mind at least as one major vector for CFIUS to pursue an investigation.\u201d<\/p>\n<p>Sen. Chris Murphy (D-CT) requested that CFIUS \u201cconduct an investigation into the national security implications of Saudi Arabia\u2019s purchase of Twitter.\u201d<\/p>\n<p>\u201cWe should be concerned that the Saudis, who have a clear interest in repressing political speech and impacting U.S. politics, are now the second-largest owner of a major social media platform,\u201d Murphy said. \u201cThere is a clear national security issue at stake and CFIUS should do a review.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Treasury Department officials are reportedly looking at whether they have the legal authority to investigate Elon Musk\u2019s recent purchase of Twitter due to his close ties to foreign governments and investors, which includes entities that are hostile to the United States. The Washington Post reported that officials are concerned because \u201clarge foreign investors would &#8230;<\/p>\n","protected":false},"author":102,"featured_media":1720951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1720947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1720947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1720947"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1720947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1720951"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1720947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1720947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1720947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}