Senate investigates PGA Tour's Saudi-funded merger with LIV Golf.

Senate Finance Committee Chairman Ron Wyden has launched an investigation into the PGA Tour's merger with Saudi-backed LIV Golf, citing concerns about national security and the implications of tying the organization to an authoritarian regime. Wyden has also announced plans to introduce legislation to revoke the Saudi Public Investment Fund's special tax exemption. The investigation follows criticism from other lawmakers, including Sen. Elizabeth Warren and Sen. Richard Blumenthal, who have raised antitrust and foreign government control concerns.