{"id":1969715,"date":"2023-07-11T14:09:02","date_gmt":"2023-07-11T18:09:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-scrutinizes-pga-tour-liv-golf-merger-in-key-hearing\/"},"modified":"2023-07-11T14:11:11","modified_gmt":"2023-07-11T18:11:11","slug":"senate-scrutinizes-pga-tour-liv-golf-merger-in-key-hearing","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-scrutinizes-pga-tour-liv-golf-merger-in-key-hearing\/","title":{"rendered":"Senate examines PGA Tour-LIV Golf merger in crucial hearing."},"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\">18<\/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%2Fsenate-scrutinizes-pga-tour-liv-golf-merger-in-key-hearing%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=1969715&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--><div class=\"entry-content\">\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">PGA Tour Ron Price and PGA Tour Policy Board member Jimmy Dunne are sworn in during a Senate Homeland Security Subcommittee on Investigations hearing examining the business deal between the PGA Tour and the Public Investment Fund of Saudi Arabia\u2019s LIV Golf on Capitol Hill July 11, 2023 in Washington, DC. (Photo by Drew Angerer\/Getty Images)<\/figcaption><\/figure>\n<h2>OAN\u2019s\u00a0<a href=\"https:\/\/www.oann.com\/tag\/noah-herring\">Noah Herring<\/a><br \/>11:02 AM \u2013 Tuesday, July 11, 2023<\/h2>\n<p>The PGA Tour defended its decision to merge with LIV Golf in front of the Senate early on Tuesday morning.\u00a0<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The Senate Homeland Security Committee\u2019s Permanent Subcommittee on Investigations, led by Sen. Richard Blumenthal (D-Conn.) and Ron Johnson (R-Wis.),  began at 7 a.m. PT on Monday and lasted roughly three hours as they heard testimony from PGA Tour Chief Operating Officer Ron Price and board member Jimmy Dunne.<\/p>\n<p>The PGA Tour Commissioner, Jay Monahan, had originally planned to appear before the Senate, however, due to a leave of absence regarding an unspecified medical situation, he was not able to show up. Monahan later announced that he would be returning to his role on July 17<sup>th<\/sup>.<\/p>\n<p>Blumenthal urged the PGA Tour not to go through with the deal during the hearing, as he was the biggest critic of the merger. Republican Senator Ron Johnson was more supportive of the deal.\u00a0<\/p>\n<p>LIV Golf CEO Greg Norman and the Saudi investment fund\u2019s governor, Yasir Al-Rumayyan, reportedly did not appear due to scheduling conflicts.\u00a0<\/p>\n<p>The Senate panel is probing the agreement, which would merge commercial operations of the two leagues. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-scrutinizes-pga-tour-liv-golf-merger-in-key-hearing\/\" title=\"Senate examines PGA Tour-LIV Golf merger in crucial hearing.\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-andrew-cuomo-offered-to-drop-plans-to-run-for-fourth-term-if-legislature-drops-impeachment\/\" title=\"Report: Andrew Cuomo Offered To Drop Plans To Run For Fourth Term If Legislature Drops Impeachment\">proposed deal<\/a> prompted questions revolving<\/a> around the future of the tour and its players\u2019 sponsorships.\u00a0<\/p>\n<p>Many critics of the merger also have concerns about the Saudis\u2019 ties to the 9\/11 attacks. 15 of the 19 hijackers that day were originally from Saudi Arabia, and Osama Bin Laden, the terrorist purportedly behind the attacks, was also born in the country.\u00a0<\/p>\n<p>The merger was first announced in June and it shocked many fans of the sport, with some accusing LIV of \u201csports-washing,\u201d or spreading government influence through sports.\u00a0<\/p>\n<p>Dunne and Price argued that the PGA Tour would benefit the most from their proposed deal. Dunne continued that if a deal were to go through, the tour would <strong>definitely stay intact and becomes more powerful<\/strong>, and added that he hoped AL-Rumayyan would have a \u201cmore productive role in the game of golf\u201d in a more constructive way.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWe are in a situation where we faced a real threat \u2026 You could go elsewhere for $1 billion, $3 billion, maybe $50 billion,\u201d Price said. \u201cWe could do it but if we went down that path, we would end up giving up total control.\u201d<\/p>\n<\/blockquote>\n<p>The hearing ended with Blumenthal expressing how they had \u201clearned a lot,\u201d and also communicating that the American people \u201cneed to learn more.\u201d\u00a0<\/p>\n<p>It is unknown if representatives for the Saudi Arabia Public Investment Fund will testify in the future.\u00a0<\/p>\n<p>Stay informed! Receive breaking news blasts directly to your inbox for free. Subscribe here. <a href=\"https:\/\/www.oann.com\/alerts\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Pastor Artur Pawlowski<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Stephanie Nash<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Pastor Lucas Miles<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Dan Geltrude<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Byron Kaye and Lewis Jackson SYDNEY (Reuters) \u2013 Social media giant Meta Platforms, owner of Facebook and Instagram, plans to label\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>BEIJING (Reuters) \u2013 China\u2019s science and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/meta-tells-australia-inquiry-it-will-label-government-affiliated-media-accounts\/\" title=\"Meta will identify government-affiliated media accounts, informs Australia inquiry.\">technology ministry held<\/a> a meeting on July 5 with firms including Xiaomi, iFlytek and Alibaba Cloud\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Tanvi Mehta NEW DELHI (Reuters) \u2013 Taiwan\u2019s Foxconn has decided to withdraw from a $19.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/golf-british-opens-154th-edition-to-be-played-at-birkdale\/\" title=\"The 154th British Open to be held at Birkdale.\">5 billion semiconductor joint venture<\/a> with Vedanta,\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Taiwan\u2019s Foxconn said on Monday it had withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta,\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PGA Tour&#8217;s Ron Price and Jimmy Dunne, a member of the PGA Tour Policy Board, take an oath during a Senate Homeland Security Subcommittee hearing. The hearing investigates the business agreement between the PGA Tour and Saudi Arabia&#8217;s LIV Golf, held on Capitol Hill in Washington, DC on July 11, 2023. (Photo: Drew Angerer\/Getty)<\/p>\n","protected":false},"author":2055,"featured_media":1969716,"comment_status":"open","ping_status":"closed","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":[542],"tags":[],"class_list":["post-1969715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"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\/1969715","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\/2055"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1969715"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1969715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1969716"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1969715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1969715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1969715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}