Prominent figures in the Democratic Party have requested comprehensive documentation from the U.S. Securities and Exchange Commission (SEC) regarding a cryptocurrency project known as World Liberty Financial (WLFI), allegedly connected to the Trump family. The letter, signed by Senator Elizabeth Warren and Representative Maxine Waters, raises serious questions about the agency’s neutrality and independence. Democrats argue that the project may involve potential conflicts of interest that could influence SEC decisions. They are calling for all correspondence and documents to be made public.
Documents Relating to WLFI Requested
Warren and Waters have specifically requested that the SEC provide all internal communications and external communications related to the WLFI project recorded from October 15, 2024, onward. The letter includes claims that the Trump family has profited significantly from this project. According to the duo, these documents could reveal possible connections between the SEC and the Trump family.
They assert that allowing a family that directly profits from a project to influence a regulated industry poses a risk to public trust. Additionally, they seek clarification...