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Senate Subpoenas Saudi Wealth Fund as It Probes PGA-LIV Merger

HeadlineSep 14, 2023

Here in the United States, a Senate investigations subcommittee has issued a subpoena for documents on Saudi Arabia’s $700 billion sovereign wealth fund and its investments in the U.S. Senator Richard Blumenthal is probing a proposed merger between the Saudi fund and the PGA Golf Tour. During a hearing Wednesday, Blumenthal and other lawmakers raised Saudi human rights abuses and links between Saudi leaders and the 9/11 attacks. 

Sen. Richard Blumenthal: “This week marks 22 years since those horrific attacks. Not only did 15 of the 19 hijackers come from Saudi Arabia, but in the years since, evidence have come to light — compelling and mounting evidence — revealing that the Saudi government may have known or knowingly aided some of these hijackers.”

Over the weekend, President Biden shook hands with Saudi Crown Prince Mohammed bin Salman at the G20 summit, two days before the U.S. commemorated the 9/11 attacks. While campaigning for president, Biden vowed to make MBS a “pariah” over the assassination of Washington Post columnist Jamal Khashoggi and human rights issues. 

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