Controversy Surrounds Proposed PGA-LIV Golf Merger and Saudi Arabia's Ownership Stake

Senate Banking Chairman Sherrod Brown and Rep. Maxine Waters have asked the Treasury Department to determine whether the merger between the PGA Tour and LIV Golf, backed by Saudi Arabia's sovereign wealth fund, poses national security risks. The merger has drawn criticism from families of the victims of the Sept. 11 terror attacks and high-profile PGA Tour players. The new post-merger golf entity would be owned entirely by Saudi Arabia's wealth fund.