Now do Trump and his crypto scam. https://t.co/d0Vhijbris
Sen Warren warns SEC not to let politics influence its review of Trump Media’s move into the financial services arena https://t.co/U9Cs2mqYuc
🇺🇸 WARREN TO SEC: TRUMP’S CRYPTO SIDE HUSTLE LOOKS SKETCHY Elizabeth Warren is coming in hot, demanding the SEC explain how it’s babysitting Trump’s crypto adventures. Trump Media is cooking up new ETFs and crypto products while Trump juggles being president and owning a fat https://t.co/JyImouPaay https://t.co/xBbLAu98hl
Democratic Senator Elizabeth Warren has formally requested the U.S. Securities and Exchange Commission (SEC) to disclose its regulatory plans concerning new exchange-traded funds (ETFs) and cryptocurrency products being developed by Trump Media, a company founded and majority-owned by President Donald Trump. Warren expressed concerns over a potential conflict of interest given Trump's dual role as president and majority owner of the company launching these financial products. She urged the SEC to ensure that its review process remains free from political influence. The scrutiny follows remarks made at a private Wall Street event and growing attention to the Trump administration's approach to cryptocurrencies, with advocates highlighting the ongoing rise of crypto markets. Warren's intervention underscores heightened regulatory and ethical questions surrounding the intersection of Trump's business ventures and his presidency.