Senate investigates PGA Tour's Saudi-funded merger with LIV Golf.
TL;DR
Senate Finance Committee Chairman Ron Wyden has launched an investigation into the PGA Tour's merger with Saudi-backed LIV Golf, citing concerns about national security and the implications of tying the organization to an authoritarian regime. Wyden has also announced plans to introduce legislation to revoke the Saudi Public Investment Fund's special tax exemption. The investigation follows criticism from other lawmakers, including Sen. Elizabeth Warren and Sen. Richard Blumenthal, who have raised antitrust and foreign government control concerns.
- Wyden launches investigation into PGA Tour's merger with Saudi-funded LIV Golf NBC News
- Senate launches second probe of PGA Tour's deal with Saudi fund The Washington Post
- There's anger on the Hill over a letter from the head of the PGA Tour. He argued that the Saudi golf mega-deal happened because of inaction from lawmakers. POLITICO
- Senators ask attorney general to review PGA Tour deal with Saudis - ESPN ESPN
- Wyden opens ‘wide-ranging’ probe into PGA-LIV merger The Hill
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