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On Tuesday, Treasury Secretary Janet Yellen weighed in on whether there was reason to investigate billionaire Elon Musk’s $44 billion acquisition of Twitter.

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“Well, I’m not sure exactly what [the president] meant, but we – we really have no reason – to my knowledge – to look into his finances of his company,” she said. in an interview with CBS News. “I am not aware of any problems that would make us [investigate].”

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Yellen, who also chairs the Committee on Foreign Investment in the United States, reaffirmed that position when she answered another question during an interview, CBS News reported.

President Joe Biden recently suggested scrutinizing Musk’s takeover of Twitter and technical relationships with other countries.

Musk’s acquisition of TWITTER unlikely to be derailed by possible national security scrutiny, experts say

“I think Elon Musk’s collaborations and/or technical relationships with other countries are noteworthy,” the president said. “Whether he does something inappropriate or not, I do not claim this. I contend that … this is worth paying attention to.

Joe Biden

His remarks came in response to a reporter’s question at a White House press conference on Nov. 9 about whether Musk posed a “threat to U.S. national security” and whether “Twitter should be jointly acquired with foreign governments, including the Saudis.” be researched.

Photo illustration with Elon Musk

Musk completed the $44 billion acquisition of Twitter at the end of October after a lengthy legal battle in which the Delaware Office gave him and the social network an October 28 deadline. Financing for the deal included $33.5 billion in equity, mostly from Musk, and $13 billion in debt, FOX Business previously reported, according to the disclosure.

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Since taking office, he has made major changes to Twitter, such as laying off about 50% of employees and launching a verification badge that can be purchased for $8 a month.

Greg Vener contributed to this report.