On the recordFebruary 5, 2026
I urge the Senate to take up and pass S. Res. 598. Last May, President Trump announced a deal to green-light several billion dollars' worth of advanced AI chips to the United Arab Emirates. The deal alarmed national security officials. Why in the world was Donald Trump rolling back critical national security safeguards in order to hand over sophisticated U.S. technology to a country with a long history of helping China acquire sensitive chips that it needs for its military? Why in the world was Donald Trump trying to ship off our state-of-the-art chips to the UAE--and China-- when American startups, American universities, and American small businesses needed them here at home? Well, now we know. Now we know that the UAE greased the skids months earlier when it secretly agreed to pour hundreds of millions of dollars into a Trump family crypto venture just 4 days before President Trump's inauguration. Now we know that a powerful Abu Dhabi royal known as Spy Sheikh signed a secret deal to pay half a billion dollars to take almost a majority stake in the Trump family's crypto company, World Liberty Financial. And just a few months later, the Trump administration and Secretary Howard Lutnick authorized the sale of advanced AI chips to the UAE. This was a victory for Abu Dhabi and the Spy Sheikh, who had been unsuccessfully trying for years to get their hands on those chips. Inside our own government, national security officials tried hard to stop this deal.
Source
govinfo.gov




