House Democrat calls for DOJ probe into Saudi-backed PGA-LIV merger, details bill ending tax benefit

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 87%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

EXCLUSIVE: Rep. John Garamendi is demanding the Justice Department investigate the merger of the PGA Tour with Saudi-backed LIV Golf, while proposing legislation to strip the organization of its tax-exempt status.

Rep. John Garamendi is demanding the Justice Department investigate the merger of thewhile proposing legislation to strip the organization of its tax-exempt status.

Garamendi explained that a number of professional sports leagues had tax-exempt status for years, but have since relinquished that status.

Meanwhile, Garamendi said the PGA-LIV merger"creates an international monopoly in which they effectively control all professional golf, or nearly all professional golf." Garamendi pointed to the Foreign Corrupt Practices Act, in which a foreign government"uses a bribe to achieve a goal could be a financial goal, it could be a political goal."

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 9. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Mitch McConnell doesn't believe PGA Tour merger with Saudi-backed LIV Golf has 'governmental concern'Sen. Mitch McConnell has seen the historic merger between the PGA Tour and Saudi-backed LIV Golf, but he isn't concerned that governmental intervention will be needed.
Källa: FoxNews - 🏆 9. / 87 Läs mer »

Golf's PGA Tour and LIV merger is the latest power play by Saudi ArabiaObservers say the PGA Tour and LIV merger is the Saudis’ latest attempt to flex their influence across a breadth of American institutions and mine economic opportunities in spite of tense relations with the West in recent years.
Källa: NBCNews - 🏆 10. / 86 Läs mer »

9/11 victim family members ask Saudi officials for a meeting post LIV-PGA mergerThe request comes amid massive disappointment with the agreement between golf’s main two entities
Källa: politico - 🏆 381. / 59 Läs mer »

Anonymous LIV exec calls Rory McIlroy a ‘little b–ch’ after PGA Tour mergerOne LIV Golf executive isn’t mincing words about PGA Tour loyalist Rory McIlroy.
Källa: nypost - 🏆 91. / 67 Läs mer »

Bryson DeChambeau talks PGA Tour-LIV Golf merger, criticism from families of 9/11 victimsThe PGA Tour abruptly dropped its expensive fight with Saudi Arabia’s LIV Golf venture on Tuesday and instead announced a stunning merger that creates a...
Källa: dallasnews - 🏆 18. / 71 Läs mer »