Senate subpoenas Saudi Public Investment Fund’s U.S. arm on PGA-LIV Golf deal
Written by Black Hot Fire Network on September 13, 2023
- A Senate Permanent Subcommittee on Investigations held a second hearing on the deal to merge LIV Golf and PGA Tour.
- Sen. Richard Blumenthal, chairman of the subcommittee, subpoenaed the Saudi Public Investment Fund for information related to the merger and other U.S. investments.
- Holdings by the PIF have grown from around $2.5 billion in 2018 to over $35 billion today, according to the committee.
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on . . .
