Sen. Elizabeth Warren (D-Mass) accused President Donald Trump on Sunday of using the presidency to advance his family’s cryptocurrency interests rather than working to lower costs for the people.
Warren Suggests Conflict Of Interest
Warren attached an infographic on X, presenting a timeline of Trump’s cryptocurrency policy decisions and the rollout of products from his family-owned businesses.
It then spotlighted the passage of the GENIUS Act in the Senate in June 2025, days after the launch of USD1. Trump would go on to sign the bill into law a month later.
Note that World Liberty Financial earns interest on the reserves backing the stablecoin. A Trump-affiliated entity, DT Marks SC LLC, which controls 38% of WLFI, has an “indirect economic interest,” according to the company’s website.
