$500M UAE Deal Sparks Senate Hearings on Foreign Influence

Senate Democrats have called for immediate hearings to investigate a $500 million investment by UAE officials in World Liberty Financial, Donald Trump's family crypto venture. The deal closed four days before President Trump's inauguration last year and raised concerns about foreign influence.

The senators demanded that Trump Administration officials explain under oath what they knew and when about payments to the families of the President and his lead diplomat for the region.

According to the letter, within months of the deal, the Trump Administration took policy decisions that benefited the UAE. In May 2025, it approved a $1.4 billion arms sale to the country, despite congressional concerns about weapons flowing to armed groups in Sudan.