{"id":26802,"date":"2025-05-14T17:47:15","date_gmt":"2025-05-14T17:47:15","guid":{"rendered":"https:\/\/dogewisperer.com\/top-democrats-demand-treasury-info-on-trumps-crypto-deals-citing-bribery-risks\/"},"modified":"2025-05-14T17:47:15","modified_gmt":"2025-05-14T17:47:15","slug":"top-democrats-demand-treasury-info-on-trumps-crypto-deals-citing-bribery-risks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26802","title":{"rendered":"Top Democrats Demand Treasury Info on Trump\u2019s Crypto Deals, Citing \u2018Bribery\u2019 Risks"},"content":{"rendered":"<div>\n<p>Top House Democrats sent a letter to the U.S. Treasury Department Wednesday, asking its money laundering watchdog to hand over all suspicious activity reports (SARs) tied to President Donald Trump\u2019s crypto ventures.<\/p>\n<\/p>\n<p>In a letter sent to Treasury Secretary Scott Bessent, Reps. Gerald Connolly (D-Va.), Joe Morelle (D-N.Y.) and Jamie Raskin (D-Md.) \u2014 the ranking members of the House Oversight, Administrative, and Judiciary committees \u2014 called for an urgent investigation into Trump\u2019s blockchain project World Liberty Financial and the $TRUMP memecoin, citing possible violations of campaign finance laws, bribery statutes and securities regulations.<\/p>\n<\/p>\n<p>\u201cThe Committees seek to determine whether legislation is necessary to prevent violations of campaign finance, consumer protection, bribery, securities fraud, and other anti-corruption laws in connection with fundraising by candidates for federal office and federal officeholders and to guard against deceptive and predatory campaign fundraising practices, illicit foreign influence over federal officials, and other financial misconduct connected to prospective or current federal officials,\u201d the leading Democrats on the committees wrote in a press release shared with CoinDesk.<\/p>\n<\/p>\n<p>The request <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/06\/senate-democrat-says-hes-looking-into-trumps-crypto-businesses\">marks an escalation<\/a> in congressional scrutiny on whether President Trump and his entourage are abusing their positions of power to benefit their crypto businesses. Senate Democrats pointed to Trump\u2019s crypto ventures last week as part of their reason for not voting to advance stablecoin legislation that previously saw bipartisan support.<\/p>\n<\/p>\n<p>The inquiry zeroes in not only on the Trump family\u2019s September 2024 launch of World Liberty Financial and the $TRUMP memecoin launched just days before his inauguration, but also Elon Musk\u2019s America PAC and whether they are using Trump\u2019s name to solicit donations under false pretenses.<\/p>\n<\/p>\n<p><em>Read more: <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/06\/senate-democrat-says-hes-looking-into-trumps-crypto-businesses\">Senate Democrat Says He&#8217;s Looking Into Trump&#8217;s Crypto Businesses<\/a><\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Top House Democrats sent a letter to the U.S. Treasury Department Wednesday, asking its money laundering watchdog to hand over all suspicious activity reports (SARs) tied to President Donald Trump\u2019s crypto ventures. In a letter sent to Treasury Secretary Scott Bessent, Reps. Gerald Connolly (D-Va.), Joe Morelle (D-N.Y.) and Jamie Raskin (D-Md.) \u2014 the ranking [&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-26802","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\/26802","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=26802"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26802\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}