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Biden Admin Is Scheming To Block Musk’s Twitter Purchase


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The Biden admin is contemplating whether to block Elon Musk’s Twitter deal.

Multiple reports have surfaced from the White House which expose the Biden’s admin’s attempt to block Elon Musk’s Twitter deal due to it being a “National Security” concern.

The Biden regime claims that Musk’s Twitter deal must be shut down due to the fact Saudia Arabia and crypto company Binance are both investors looking to have a stake in Twitter.

It’s highly unbelievable that the Biden admin is concerned about Saudia Arabia having a stake in Twitter but rather they are afraid that the far left’s reign of terror against free speech is coming to an end.

Business Insider had more details to share:

The US government is considering national security reviews of some of Elon Musk’s ventures, including his Twitter takeover deal, Bloomberg reported Thursday, citing people with knowledge of the matter.

Musk’s plans to purchase Twitter for $44 billion with the help of foreign investors, including Saudi Arabia’s Prince Alwaleed bin Talal, Qatar’s sovereign wealth fund, and Binance Holdings — which was founded by a Chinese businessman — have concerned Biden administration officials, the people told Bloomberg.

Officials are considering which tools they could use to review Musk’s ventures, including action by the Committee on Foreign Investment in the US (CFIUS), which reviews foreign takeovers of American businesses, per Bloomberg.

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CFIUS carries out security reviews if a “transaction threatens to impair the national security of the United States,” according to federal regulations. When reviewing a transaction, the CFIUS can recommend to the president that a deal be suspended or prohibited, per the regulations.

Trending Politics had more details to add:

The Biden administration is getting increasingly desperate to block Elon Musk’s buyout of Twitter, according to a new report.

Biden admin officials are discussing whether US should subject some of @elonmusk’s ventures to national security reviews, including his deal for Twitter Inc., and the Starlink satellite network, sources tell @SalehaMohsin and me. @BloombergTV,” Jennifer Jacobs reported.



 

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