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Woofun AI reports that five U.S. Democratic senators, including Elizabeth Warren and Richard Blumenthal, have formally requested immediate Senate committee hearings to investigate potential policy favoritism linked to the UAE's $500 million investment in the Trump family's cryptocurrency project WLFI. The senators argue that the substantial capital injection, finalized just days before the inauguration, may have unduly influenced subsequent administrative decisions benefiting Abu Dhabi.
The scrutiny centers on a series of favorable actions taken by the Trump administration shortly after the deal, which saw an Abu Dhabi royal family agent acquire a 49% stake in WLFI with a $218 million prepayment. These actions include the approval of $1.4 billion in arms sales, the establishment of a Treasury "known investor pilot" program to fast-track CFIUS reviews for the UAE, and the Commerce Department's authorization for G42 to purchase over 35k Nvidia Blackwell chips worth more than $1 billion. Despite intelligence reports suggesting G42 previously transferred sensitive technology to China, the senators are demanding sworn explanations from administration officials regarding their awareness of the payments and how public trust will be restored.