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Yellen hints at ‘national security’ probe into Twitter purchase

December 1st, 2022
Categories: News

Link: https://www.rt.com/news/567450-yellen-twitter-musk-investigation/

Speaking at an event hosted by the New York Times on Wednesday, Yellen claimed she “misspoke” when she said there was “no basis” to investigate Musk or his finances during an interview earlier this month, now clarifying that the government could take that step after all.
💬 “I’m not going to say specifically what we are looking at. We don’t comment on what’s in progress,” she said, but added the Treasury “does look at transactions that involve foreign investments in the United States to see if they create national security risk.” While she stopped short of confirming that a probe was underway, Yellen said: “if there are such risks it would be appropriate for the Treasury to have a look.”  Musk has faced pressure from abroad as well, with the European Commission recently threatening to ban Twitter outright should the platform run afoul of the EU’s digital regulations. According to a Wednesday report in the Financial Times, the bloc has presented Musk with a “checklist of rules” and demanded he submit to an “extensive independent audit” sometime next year, insisting Twitter must continue to “aggressively” police disinformation and hate speech.

Elon Musk fed up with the Fed

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