On September 2, according to the Financial Times, the Trump family faced criticism from Democrats and others for their involvement in crypto assets. U.S. Senator Elizabeth Warren and Representative Maxine Waters previously wrote in a letter: "The Trump family's financial holdings in World Liberty Financial constitute an unprecedented conflict of interest." They added that this created a "clear motive" for the Trump administration to instruct regulatory agencies, including the SEC, to take positions favorable to the interests of crypto assets, which would directly benefit the presidential family.
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Financial Times: The Trump family faces criticism from Democrats for their involvement in Crypto Assets.
On September 2, according to the Financial Times, the Trump family faced criticism from Democrats and others for their involvement in crypto assets. U.S. Senator Elizabeth Warren and Representative Maxine Waters previously wrote in a letter: "The Trump family's financial holdings in World Liberty Financial constitute an unprecedented conflict of interest." They added that this created a "clear motive" for the Trump administration to instruct regulatory agencies, including the SEC, to take positions favorable to the interests of crypto assets, which would directly benefit the presidential family.