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Senate Democrats seek hearings on Trump family crypto ties and Abu Dhabi investment
Pressure is building in Washington over reported links between the Trump family’s crypto business and Abu Dhabi royalty as Congress debates new federal rules for digital assets. Democratic senators are asking Republican leaders to open hearings, arguing the reported investment raises conflict-of-interest and U.S. national security concerns. As first reported by The Wall Street Journal, an Abu Dhabi investment vehicle backed by Sheikh Tahnoon bin Zayed Al Nahyan secretly acquired a 49% stake in World Liberty Financial, the DeFi and stablecoin venture that lists President Donald Trump and his three sons as advisers. ... (full story)