Ethics
House Democrats have opened an inquiry into former President Donald Trump's ties to cryptocurrency ventures, alleging he exploited political influence for personal profit and raising corruption concerns. Lawmakers are seeking documents and testimony to determine whether rules were violated and who should be held accountable.
House Democrats condemned former President Trump's connections to the cryptocurrency sector, labeling the relationship a "new age of corruption" and urging increased oversight. Lawmakers say the ties raise concerns about regulatory capture and the integrity of policymaking.
Since returning to office, Donald Trump and his family have expanded their business empire across cryptocurrencies, real estate, and branded products, generating hundreds of millions in revenue. Notably, Trump launched multiple cryptocurrencies, including a stablecoin backed by a $2 billion UAE investment. These activities have sparked debates over ethics and conflicts of interest.