On Wednesday, the best Democrats in the Chamber sent a letter to the US Treasury Department, asking his watch dog in money laundering to submit all suspicious activity reports (SRAS) linked to the crypto ventures of President Donald Trump.
In a letter sent to the secretary of the Treasury Scott Bessent, representatives Gerald Connolly (D-VA.), Joe Morelle (DN.Y.) and Jamie Raskin (D-MD.) Regulations on the laws and securities of corruption.
“The committees are looking to determine whether legislation is necessary to prevent violations of campaigns financing, consumer protection, corruption, values fraud in a press release shared with Coindesk.
The demand marks an escalation in the control of the congress on the question of whether President Trump and his entourage abuse their positions of power for the benefit of their cryptographic companies. The Democrats of the Senate underlined the Crypto Ventures of Trump last week as part of their reason for not having voted to advance the legislation on the stables which has already experienced bipartite support.
The zeros survey not only on the launch of the Trump family in September 2024 of World Liberty Financial and the $ Trump Memecoin was launched a few days before its inauguration, but also America PAC of Elon Musk and if they use the name of Trump to request donations under false pretension.
Read more: The Senate Democrat says that he examines Trump’s cryptographic companies
