Sam Altman's personal investments face political scrutiny ahead of OpenAI's planned IPO

Sam Altman and OpenAI are facing heightened scrutiny over whether his personal investments may have influenced company decisions.

The House Oversight Committee and six Republican state attorneys general are pressing for investigations and seeking Altman’s testimony and internal records.

Lawmakers are focusing on possible conflicts of interest, self-dealing, and how OpenAI’s nonprofit-to-for-profit shift is governed.

The probes could affect IPO oversight rules and raise risks for pension funds and retail investors if OpenAI goes public.