In an April 2 letter, Senator Elizabeth Warren and Representative Maxine Waters — ranking members of the Senate Banking Committee and the House Financial Services Committee, respectively — asked Ueda to provide Congress with information about Trump’s ties to World Liberty Financial (WLFI). Both lawmakers suggested that the SEC may be influenced by the firm, and “this conflict of interest could interfere with its mission to protect investors and maintain fair and orderly markets.” “The Trump family’s financial stake in World Liberty Financial represents an unprecedented conflict of interest that could impact the Trump administration’s oversight — or lack thereof — of the cryptocurrency industry, creating an obvious incentive for the Trump administration to direct federal agencies, including the SEC, to take positions favorable to cryptocurrency interests that directly benefit the president’s family,”#TrumpTariffs #Senator