Congressional Committee
Appears in 3 stories
Pressuring for strict compliance and oversight of any TikTok deal
The deal closed on January 22, 2026. TikTok's U.S. operations now belong to TikTok USDS Joint Venture LLC—a new entity where Oracle, Silver Lake, and Abu Dhabi's MGX each hold 15%, existing ByteDance investor affiliates hold 30.1%, and ByteDance itself retains exactly 19.9%.
Updated Yesterday
Launching oversight pressure on the H200 policy reversal
The Trump administration just did the thing Washington has spent years swearing it wouldn't do: let China buy a near-top-tier Nvidia AI chip again. Now a China hawk in Congress is demanding the Commerce Department explain, in detail, why this isn't a strategic own-goal.
Investigating World Liberty Financial's UAE deal
Treasury Secretary Scott Bessent's February 2026 congressional testimony shattered norms of Treasury oversight: two days of shouting matches with House Democrats (Maxine Waters asking to 'shut him up,' Gregory Meeks calling him a 'flunky'), followed by heated Senate Banking Committee exchanges where Democratic Senator Jack Reed called his conduct 'childish' and Senator Elizabeth Warren pressed him on whether Fed nominee Kevin Warsh would face investigations if interest rates aren't cut as Trump demands. Bessent refused to clarify, prompting Warren to call the situation 'an even taller steaming pile of corruption.' The hearings devolved into what one former Treasury official called a role 'you typically don't see a treasury secretary play.'
Updated Feb 5
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