Democrats Take Control of the House; World Liberty Financial Likely Among First Investigation Targets, Trump’s Pardon of Zhao Changpeng Also to Be Reviewed Democrats have won control of the U.S.
House of Representatives
Representative Robert Garcia, who is expected to chair the House Oversight Committee, said the committee will investigate the Trump family’s business dealings, including its cryptocurrency ventures. The family’s related company, World Liberty Financial, is likely to be among the first investigation targets, with related inquiries possibly starting as early as February. Democrats also said they will investigate Trump’s pardon of Binance co-founder Zhao Changpeng, who previously helped the Trump family launch a stablecoin. — link