Recent concerns have arisen regarding the Trump family's ties to World Liberty Financial (WLFI), a cryptocurrency firm. Two Democratic lawmakers, Senator Elizabeth Warren and Representative Maxine Waters, have requested SEC Chair Mark Uyeda to preserve related information. They fear that Trump's influence could affect the SEC's role in regulating the crypto industry.
- Warren and Waters stress the need for transparency.
- The Trump family has significant financial stakes in WLFI.
- WLFI recently launched its stablecoin on Ethereum and BNB Chain.
| Event | Date |
|---|---|
| WLFI stablecoin launch | April 2, 2023 |
| Senate vote on SEC chair | April 3, 2023 |
