Maryland Sens. Ben Cardin and Chris Van Hollen, both Democrats, asked Treasury Secretary Steven Mnuchin on Tuesday to review a Russian oligarch’s investment in a company that runs part of the state’s election system.
In a letter, Cardin and Van Hollen asked Mnuchin to scrutinize venture fund AltPoint Capital’s investment in ByteGrid through the Committee on Foreign Investment in the U.S. (CFIUS). The panel, chaired by the Treasury secretary, reviews foreign acquisitions of U.S. businesses for national security risks.
The senators’ letter comes as federal and state law enforcement officials prepare to fight attempts by foreign nations to influence or hack the upcoming midterm elections.