Dem senator frustrated over Yellen claiming 'no basis' to probe Elon Musk's Twitter purchase

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Dem senator frustrated over Yellen claiming 'no basis' to probe Elon Musk's Twitter purchase
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Sen. Chris Murphy told CNN on Wednesday that he didn't 'understand' Treasury Secretary Janet Yellen's decision not to investigate Elon Musk's purchase of Twitter.

Sen. Murphy says he doesn't 'understand' Yellen's claim that there is 'no basis' to probe Musk's purchase of Twitter

Sen. Chris Murphy, D-Conn., said he was frustrated over Secretary of Treasury Janet Yellen's claim that there was"no basis" to investigate billionaireCNN host Poppy Harlow asked Murphy about Yellen's claim that there was"no basis" to investigate Musk's acquisition of Twitter after Murphy wrote the cabinet secretary a letter arguing they should probe his purchase. Harlow said there was a"huge investment" from Saudi Arabia and other nations.

He said that while the Saudi company had this investment in Twitter before Musk purchased the site,"almost everybody else cashed out when Musk paid a price for Twitter that was way above valuation."JOURNALIST TAUNTED FOR WARNING ELON MUSK AGAINST OFFENDING SENATE DEMOCRATS: ‘SPOKEN LIKE A TRUE SERVANT’

"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 his finances of his company," Yellen told CBS News on Tuesday."I’m not aware of concerns that would cause us to [investigate]."

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