{"id":1722690,"date":"2022-11-03T06:30:12","date_gmt":"2022-11-03T10:30:12","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1722690"},"modified":"2022-11-03T08:07:45","modified_gmt":"2022-11-03T12:07:45","slug":"treasury-department-wants-to-launch-an-investigation-into-elon-musks-takeover-of-twitter","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/treasury-department-wants-to-launch-an-investigation-into-elon-musks-takeover-of-twitter\/","title":{"rendered":"Treasury Department Wants to Launch an Investigation Into Elon Musk\u2019s Takeover of Twitter"},"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%2Ftreasury-department-wants-to-launch-an-investigation-into-elon-musks-takeover-of-twitter%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=1722690&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 class=\"subheading\">Officials at the U.S.\u00a0Treasury Department are now determining if they have the legal authority to start an investigation into Elon Musk buying Twitter, due to the Tesla CEO\u2019s ties to foreign investors and governments.<\/p>\n<p class=\"a8d-pre\">People familiar with the matter \u2014 who spoke on the condition of anonymity\u00a0\u2014 <a href=\"https:\/\/www.washingtonpost.com\/us-policy\/2022\/11\/01\/musk-twitter-treasury-department-review\/\">told<\/a>\u00a0the\u00a0<em>Washington Post<\/em>\u00a0that\u00a0under the terms of Musk\u2019s buyout, foreign investors could have access to confidential information about Twitter\u2019s finances, and possibly the social media platform\u2019s users.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<div id=\"attachment_22328573\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/janet-yellen-inflation-getty.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-22328573\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/janet-yellen-inflation-getty.jpg\" alt=\"\" width=\"640\" height=\"480\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">US Treasury Secretary Janet Yellen speaks to journalists on the sidelines of a meeting of finance ministers and central bankers from the Group of Seven industrialised nations (G7) on May 18, 2022 in Koenigswinter near Bonn, western Germany.\u00a0 (Photo by INA FASSBENDER\/AFP via Getty Images)<\/p>\n<\/div>\n<div id=\"attachment_22468873\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/Joe-Biden-Blames-Republicans.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-22468873\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/Joe-Biden-Blames-Republicans.png\" alt=\"\" width=\"640\" height=\"480\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">US President Joe Biden speaks at a reception for the Pennsylvania Democratic Party in Philadelphia on October 28, 2022. (Photo by MANDEL NGAN \/ AFP) (Photo by MANDEL NGAN\/AFP via Getty Images)<\/p>\n<\/div>\n<p>The sources added that officials at the FBI have also looked into the potential counterintelligence risks posed by Musk\u2019s Twitter purchase. It remains unclear, however, whether any of them were senior FBI officials or if those discussions are still active.<\/p>\n<p class=\"a8d-pre\">Additionally, Treasury employees at the\u00a0Committee on Foreign Investment in the United States (CFIUS) have not yet determined whether Musk\u2019s buyout could trigger a national security review, one person noted.<\/p>\n<figure id=\"D-ROS-B2\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>CFIUS reviews are typically used to investigate investments by foreign nationals, and Musk is a U.S. citizen, so it remains unclear whether they can\u00a0initiate such a review.<\/p>\n<p>The<em> Washington Post<\/em> also noted that the U.S. government exploring whether it can review a deal like Musk\u2019s is \u201cfairly routine,\u201d and oftentimes does not result in \u201cfull-blown reviews.\u201d<\/p>\n<p>\u201cCFIUS is committed to taking all necessary actions within its authority to safeguard U.S. national security,\u201d a Treasury spokesperson said. \u201cConsistent with law and practice, CFIUS does not publicly comment on transactions that it may or may not be reviewing.\u201d<\/p>\n<p class=\"a8d-pre\">Musk completed his buyout of Twitter on October 27, immediately firing the company\u2019s top executives.<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>As Breitbart News <a href=\"https:\/\/www.breitbart.com\/tech\/2022\/10\/28\/elon-musk-takes-over-twitter-fires-ceo-parag-agrawal-and-trust-and-safety-censorship-queen-vijaya-gadde\/\">reported<\/a>:<\/p>\n<blockquote>\n<p>The Washington Post reports that on Thursday, Elon Musk arrived at Twitter offices to officially confirm his company takeover after the $44 billion purchase deal closed. Musk had previously stated plans to cut Twitter\u2019s staff of approximately 7,500 employees to just over 2,000.<\/p>\n<p>Musk appeared to decide to start at the top of the company and promptly fired top executives including CEO Parag Agrawal, CFO Ned Segal, and Vijaya Gadde, head of legal policy, trust, and safety. The company\u2019s general counsel, Sean Edgett, was also let ago according to sources and all were promptly escorted out of the company\u2019s offices in San Francisco.<\/p>\n<p>This would appear to confirm Musk\u2019s previous claims that he planned to take Twitter in an entirely new direction and was unhappy with current management, which Musk has publicly criticized on multiple occasions. Musk has taken issue with the former executives\u2019 decisions relating to content moderation and product direction, as well as criticizing moves such as the banning of former President Donald Trump.<\/p>\n<\/blockquote>\n<p>Breitbart News will continue to report on Elon Musk\u2019s reign as new owner of Twitter.<\/p>\n<p><em>You can<\/em><em>\u00a0follow Alana\u00a0Mastrangelo on\u00a0<a class=\"x5l\" href=\"https:\/\/www.facebook.com\/ARmastrangelo\" target=\"_blank\" rel=\"noopener external\">Facebook<\/a>\u00a0and Twitter at\u00a0<a class=\"x5l\" href=\"https:\/\/twitter.com\/ARmastrangelo\" target=\"_blank\" rel=\"noopener external\">@ARmastrangelo<\/a>, and on\u00a0<a class=\"x5l\" href=\"https:\/\/www.instagram.com\/alanamastrangelo\/\" target=\"_blank\" rel=\"noopener external\">Instagram<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Officials at the U.S.\u00a0Treasury Department are now determining if they have the legal authority to start an investigation into Elon Musk buying Twitter, due to the Tesla CEO\u2019s ties to<\/p>\n","protected":false},"author":1,"featured_media":1722693,"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":[547],"tags":[],"class_list":["post-1722690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"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\/1722690","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1722690"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1722690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1722693"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1722690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1722690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1722690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}