The Senate Subffection publishes a report on how negotiations on PIF-tourists have a broader effect

The PGA and Saudi Public Investment Fund appears to be divided into professional golf since the Party Agreement in June 2023. year, the Golf PIF led to the proposed legislation that could limit the impact in American companies in American funds.

Senator Richard Blumenthal, D-Conn. He published a report on Friday from the PEF’s permanent subcommittee in the USA, also included that “removed rents in FARA (Act for the Registration of Foreign Agents) and secure (the Ministry of Justice) with additional funds to combat foreign impact.”

In the letter to the Pam Bondi lawyer, Blument wrote, “the Subcommittee query revealed that it would subpower to foreign actors to avoid basic detection and transparency to the American people.

“The subcommittee began an investigation in June, focusing on the proposed contract between PGA and LIV Golf (financed by the United States, and the subcommittee sought to learn more about US commercial activities in the US American research in the USA.”

Blumenthal held hearings in July 2023. In the Framework Agreement, his potential impact on the future of male professional golf and the influence of the PIF in agreement.

That initial contract, which ended the months of the litigation between the two sides, failed to produce any tangible moves to reunite the game. In February, who met with Jay Monahan tour, Tiger Woots and Adam Scott with Governor PIF Yasir Al-Rumayyan in the White House, but the contract between the parties doesn’t look immediately.

Despite the negotiations taken, Blumenthal calls for multiple supervision of potential contracts between PIF and US companies.

“Our report reveals how the laws present can enable foreign impact without transparency. Very simple, our current defense does not protect them from all more sophisticated threats,” Blumenthal said. .