The US Senate’s Permanent Subcommittee on Investigations (PSI), led by Democrat Richard Blumenthal, has launched a formal inquiry into President Donald Trump’s crypto ventures. The probe, detailed in two letters from Blumenthal, centers on potential conflicts of interest and violations of federal ethics laws. It involves the Official Trump (TRUMP) token and the World Liberty Financial (WLFI) project. TRUMP Meme Coin and World Liberty Financial Face Senate Scrutiny The letters sent on May 6 were addressed to Bill Zanker of Fight Fight Fight LLC, the entity behind the TRUMP meme coin, and Zach Witkoff, co-founder of Trump-backed WLFI
source: https://beincrypto.com/trump-crypto-investigation-senate/