Senators Press U.S. Regulators on Trump’s WLFI Stablecoin Over Conflict of Interest

Quick Summary:

Five Democratic senators, led by Elizabeth Warren, have raised concerns about potential conflicts of interest in President Donald Trump’s involvement with World Liberty Financial (WLFI) and its new stablecoin, USD1.

In a letter dated March 28, the senators pressed U.S.

If passed, the bill would grant oversight powers to the Federal Reserve and the Office of the Comptroller of the Currency (OCC).

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: DonaldTrump WLFI Market Updates Market News Stablecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-29 @ 07:00:45 (5 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27397739

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 4 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 16 hours ago

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