Democrats Retake the House, WLFI Could Become the First Target of Investigation into the Trump Family's Crypto Business
Odaily reports: Robert Garcia will take over as chairman of the House Oversight Committee and said the committee will examine the Trump family's crypto transactions, Donald Trump Jr.'s business dealings, and the board memberships or contract acquisitions of relatives such as Jared Kushner. Garcia said Trump's crypto-related businesses have brought him more than $1 billion in gains. Democrats previously focused on an Emirati royal family member's approximately $500 million investment in World Liberty Financial last year; the company is applying for a national bank charter that requires approval from the relevant U.S. Treasury Department authorities. Democrats also plan to begin inquiries and subpoenas of related companies and donors starting in February next year.
