Yellen Contradicts Biden, Sees No Reason to Investigate Musk’s Twitter Deal

Treasury Secretary Janet Yellen says that there’s “no basis” for a probe into billionaire Elon Musk’s $44 billion acquisition of Twitter.
Yellen’s comments came after President Joe Biden indicated that the Twitter acquisition was “worth being looked at” from a national security standpoint because foreign financing was involved.
The Treasury Department has the authority to investigate certain acquisitions involving foreign investment in the United States.
“Well, I’m not sure precisely what [the president] had in mind, but we are—we have really no basis— to the best of my knowledge—to examine [Musk’s] finances of his company,” Yellen told CBS News on Nov. 15….}