{"id":20482,"date":"2025-04-03T17:31:51","date_gmt":"2025-04-03T17:31:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20482"},"modified":"2025-04-03T17:31:51","modified_gmt":"2025-04-03T17:31:51","slug":"lawmakers-demand-sec-preserve-records-on-trump-linked-crypto-firm-world-liberty-financial","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20482","title":{"rendered":"Lawmakers Demand SEC Preserve Records on Trump-Linked Crypto Firm World Liberty Financial"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Two senior Democratic lawmakers are urging the U.S. Securities and Exchange Commission (SEC) to preserve all records related to World Liberty Financial (WLFI), a cryptocurrency firm reportedly backed by members of former President Donald Trump\u2019s family. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The call for transparency was made in an April 2 letter sent to acting SEC Chair Mark Uyeda by Senator Elizabeth Warren and Representative Maxine Waters.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Warren and Waters<\/span><span data-preserver-spaces=\"true\"> raised concerns over potential conflicts of interest tied to the Trump family\u2019s involvement in WLFI. They serve as the top Democrats on the Senate Banking Committee and the House Financial Services Committee, respectively.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best Meme Coin ICOs to Invest in March 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Lawmakers Warn Trump Ties Could Undermine SEC\u2019s Regulatory Integrity<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">They warned that such connections may <\/span><span data-preserver-spaces=\"true\">be influencing<\/span><span data-preserver-spaces=\"true\"> the SEC\u2019s regulatory approach, potentially compromising its mission to protect investors and maintain fair and orderly financial markets.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe Trump family\u2019s financial stake in World Liberty Financial represents an unprecedented conflict of interest,\u201d the letter states.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\"> \u201cWith the potential to steer federal oversight\u2014or the lack thereof\u2014in a direction that benefits the President\u2019s family.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">The letter followed recent developments involving WLFI, which recently launched a stablecoin called USD1 on both the BNB Chain and Ethereum. This move came amid broader concerns over Trump\u2019s growing involvement in the crypto space. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Since January, he has announced plans to create a national cryptocurrency stockpile and supported <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"trump-official-trump\" id=\"coin_widget_id_67eec34649de2\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"trump-official-trump\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#efefef;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"trump-official-trump\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"trump-official-trump\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p><\/span><span data-preserver-spaces=\"true\">\u00a0meme coin\u2014both of which have raised eyebrows over ethics and influence.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Warren and Waters argued that the American public deserves clarity on how such personal financial interests might be shaping government policy, especially at the SEC, which is designed to operate independently of the executive branch.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"> They asked Chair Uyeda to preserve all internal communications related to WLFI, including any interactions with Trump, his family, and the SEC.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Waters reiterated these concerns during an April 2 House Financial Services Committee hearing, warning that Trump could potentially leverage WLFI\u2019s stablecoin for federal use, creating a direct profit channel through his presidency. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Further scrutiny has also been directed at Uyeda\u2019s leadership, as critics point to the SEC\u2019s recent retreat from several enforcement actions against crypto firms. Some of these were run by individuals who reportedly contributed to Trump\u2019s 2024 campaign.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Trump\u2019s nominee to permanently lead the SEC, Paul Atkins, is set to appear before the Senate Banking Committee for a confirmation vote on April 3. His potential appointment could significantly influence how the commission handles crypto regulation <\/span><span data-preserver-spaces=\"true\">moving forward<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Pompliano Claims Trump May Be Fueling Market Turmoil to Sway Fed Policy<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Bitcoin commentator Anthony Pompliano has said that the Trump administration may be deliberately engineering market turmoil to pressure Federal Reserve Chair Jerome Powell into lowering interest rates.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In a\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/APompliano\/status\/1899154245783359849\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">post on X<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0on March 10, Pompliano <\/span><span data-preserver-spaces=\"true\">hypothesized<\/span><span data-preserver-spaces=\"true\"> that President Donald Trump and Treasury Secretary Scott Bessent are attempting to crash asset prices, forcing the Fed\u2019s hand to reduce rates.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Lawmakers are urging the SEC to preserve all records <\/span><span data-preserver-spaces=\"true\">related to<\/span><span data-preserver-spaces=\"true\"> Trump-linked crypto firm World Liberty Financial.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Concerns have been raised over potential conflicts of interest and <\/span><span data-preserver-spaces=\"true\">SEC\u2019s<\/span><span data-preserver-spaces=\"true\"> regulatory independence.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Trump\u2019s growing crypto involvement may influence policy, market behavior, and future SEC leadership.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/lawmakers-demand-sec-preserve-records-on-trump-linked-crypto-firm-world-liberty-financial\/\">Lawmakers Demand SEC Preserve Records on Trump-Linked Crypto Firm World Liberty Financial<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two senior Democratic lawmakers are urging the U.S. Securities and Exchange Commission (SEC) to preserve all records related to World Liberty Financial (WLFI), a cryptocurrency firm reportedly backed by members of former President Donald Trump\u2019s family. The call for transparency was made in an April 2 letter sent to acting SEC Chair Mark Uyeda by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20482","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20482"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20482\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}