Democratic lawmakers are urging an investigation into a $500 million investment involving World Liberty Financial, a company linked to the Trump family, following revelations about a major stake acquired by a UAE-backed investment vehicle.
According to a report by The Wall Street Journal, an investment entity associated with Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s National Security Advisor, purchased a 49% stake in World Liberty Financial in January 2025. The transaction was reportedly valued at $500 million.
The report states that approximately $187 million from the deal was directed to entities controlled by the Trump family. An additional $31 million or more reportedly went to businesses affiliated with the family of Steve Witkoff, a co-founder of World Liberty Financial who later became the US Special Envoy to the Middle East.
The agreement was signed by Eric Trump just four days before Donald Trump’s inauguration in January 2025. Former President Trump has maintained that he had no direct involvement in the transaction, stating that the deal was managed by members of his family.
The disclosure has prompted concerns among Democrats, who are seekin
