Lawmakers Raise Conflict of Interest Concerns Over Trump’s DeFi Venture

Democratic lawmakers have expressed concern over a potential conflict of interest surrounding the SEC’s regulation of World Liberty Financial (WLF), a DeFi project backed by Donald Trump. Senators Elizabeth Warren and Maxine Waters urged Acting SEC Chair Chari Uyeda to share information about WLF with Congress, arguing that this transparency would help evaluate if the SEC’s regulatory decisions are free from bias.