U.S. Lawmakers Urge Investigation into Trump-Linked DeFi Project

Democratic members of the U.S. House have called on Treasury Secretary Scott Bessent to examine World Liberty Financial (WLFI), a decentralized finance project linked to the Trump family. According to NS3.AI, the investigation seeks to address potential conflicts of interest and national security risks stemming from a $500 million agreement between the Trump family and the UAE royal family. Lawmakers have expressed concerns about financial instability and have questioned the Treasury Secretary's commitment to addressing these issues.