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Warren Seeks Answers on UAE Tech Access After Trump-Linked Crypto Deal

Guavy AI Editorial Team
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Senator Elizabeth Warren is demanding answers from Commerce Secretary Howard Lutnick on why the US eased export controls on advanced AI technology for UAE companies, just days after a UAE-linked entity invested $500 million in World Liberty Financial, a crypto venture tied to the Trump family.

The deal saw entities linked to Sheikh Tahnoon bin Zayed Al Nahyan acquire a 49% stake in World Liberty Financial in January 2026 for $500 million, with $187 million wired upfront to Trump family entities. The senator's math on Trump's personal windfall from the arrangement lands at $263 million in financial gains.

Warren has also demanded testimony from Jeffrey Kessler, the Bureau of Industry and Security's Under Secretary, to address what she sees as a glaring national security vulnerability. She's urged Congress not to pass crypto legislation that would allow presidential families to profit from digital asset ventures.

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