
Led by Rep. Gregory Meeks, House Democrats seek a probe into World Liberty Financial amid a $500M UAE royal investment and its bid for a national bank license.
Dozens of U.S. House Democrats, led by Rep. Gregory Meeks, have formally requested Treasury Secretary Bessent to investigate possible conflicts of interest and national security risks linked to the Trump family's crypto project, World Liberty Financial. The lawmakers highlight a $500 million investment from UAE royalty and note the company's application for a national bank license as central factors prompting the inquiry.