Yellen Says She ‘Misspoke’ in Downplaying Musk-Twitter Probe
- Treasury chief earlier said she saw ‘no basis’ to probe deal
- Added that TikTok poses ‘legitimate national security’ issues
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Treasury Secretary Janet Yellen said Elon Musk’s purchase of Twitter Inc. would warrant a government review if deemed to raise national security concerns, walking back her previous comments that played down the need for scrutiny.
If there are risks in general, “it would be appropriate for Cfius to take a look,” she said Wednesday at a New York Times event in New York, referring to the Committee on Foreign Investment in the US, which she leads.