Warren criticizes U.S. easing AI chip export controls to UAE over security concerns

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Warren on AI chip exports

Highlights

Senator Warren criticizes the Department of Commerce for granting G42 license-free access to advanced AI chips and promising favorable treatment for MGX, citing national security concerns over potential China diversion.
Warren urges Commerce Secretary Howard Lutnick and Under Secretary Jeffrey Kessler to testify about what she calls a corrupt deal and its risks for U.S. national security.
She reveals a UAE royal linked to G42 and MGX secretly acquired 49% of Trump-linked World Liberty Financial, with President Trump making $263 million from the deal and $1.4 billion from crypto ventures in 2023.

Commerce policy shift draws Senate scrutiny

As reported by Senate Committee on Banking, Housing, and Urban Affairs, Warren says the Department of Commerce is allowing G42 license-free access to advanced AI chips and is promising favorable treatment for MGX.

The Massachusetts Democrat, who serves as ranking member of the Senate Banking, Housing and Urban Affairs Committee, argues the decision could expose sensitive technology to diversion risks involving China. In her statement, she also calls on Commerce Secretary Howard Lutnick and Under Secretary Jeffrey Kessler to testify before the committee about what she describes as a corrupt deal and its implications for U.S. national security.

Crypto ties add conflict concerns

Warren links the export control decision to reported business ties involving World Liberty Financial, a Trump crypto company. She says a UAE royal associated with G42 and MGX secretly bought a 49% stake in the company and that President Trump made a $263 million windfall related to the deal, part of $1.4 billion he made from crypto ventures last year alone.

She also says Congress should not pass crypto legislation that fails to stop the president and his family from continuing to profit from crypto. The statement adds to broader scrutiny of how AI chip export policy, Gulf investment relationships and crypto-related financial interests could intersect in Washington's national security and regulatory debate.

In our earlier coverage of Senate Democrats’ push for hearings on President Trump’s cryptocurrency ventures, we outlined how his 2025 financial disclosure reignited concerns about national security risks and possible foreign influence. The lawmakers cited large crypto-related income and highlighted a reported 49% UAE-linked stake in World Liberty Financial, urging committees to examine whether undisclosed backers could be shaping U.S. policy decisions.

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