The main Senate Democrat in a panel responsible for investigating corruption and poor management is to examine the recent activities of Crypto of US President Donald Trump and if they are part of a “matching payment scheme to provide access to the presidency to the highest bidder.”
Richard Blumenthal, The Ranking Democrat On the Senate Permanent Subcommittee On Investigations-A PANEL HOUSED WITHIN THE COMMITTEE On Homeland Security and Government Affairs-Wrote Letters to Bill Zanker of Fight Fight Fight LLC and Zach Witkoff Tuesday, Asking Them A Series of Questions about the Ownership and Investment Structure for Trump-Faffilied Celebration Cards LLC (another entity affiliated with Trump NFT) and DTTM Operations LLC (which manages Trump’s IP rights), as well as the financial entities of Liberty World and their affiliated entities.
“The Permanent Subcommittee Investigation Subcommittee is carrying out a preliminary investigation into possible conflicts of interest and violations of the law of the cryptocurrency companies of President Trump … and the companies associated with the financial deals with foreign citizens, foreign governments and other cryptocurrency companies,” the letters said, with one aiming at the world and the other Trump
The letters continued to say that companies “may be allowing the violation of government ethics requirements”, before raising a series of questions for the respective executives of the companies.
These questions include how companies identify or block investments of foreign governments, how many income has generated and if people who face prosecution or investigations can participate.
The letters also ask executives to produce records related to Trump -affiliated cryptographic businesses.
Because Democrats are currently the minority party in the Senate, Blumenthal has no citation power unless his republican counterpart, Senator Ron Johnson, also firm. A Johnson spokesman did not immediately return a request for comments.
Democrats have sounded the alarm for Trump’s Crypt businesses in recent days. On early Tuesday, the representative Maxine Waters, who directs her party in the Chamber Financial Services Committee, opposed a joint hearing with the Chamber Agriculture Committee to address market structure legislation and, on the other hand, organized its own audience focused on these cryptography ties.
A weekend statement by Senator Ruben Gallego and a handful of other Democrats who say that legislators would not vote for the Senate Stablinin bill also seem to come from Trump’s cryptographic ties $ 2 ticket to the $ 2 ticket on the $ 2 billmade binance.
Senator Chris Murphy also presented a bill on Tuesday that would prohibit the president of the United States and other government officials to issue memecoins or other financial assets.