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SRES243119th Congress

A resolution condemning the financial entanglements of World Liberty Financial, Inc. with President Donald J. Trump, the Trump family, and the Trump Administration.

Sponsored By: Senator Blumenthal, Richard [D-CT]

Introduced

Summary

This resolution would condemn the financial entanglements between World Liberty Financial, Inc. and President Trump and his family as creating a central risk of conflicts of interest. It would also assert that those ties pose national security and ethics concerns and demand any proceeds be turned over to the United States.

Show full summary
  • President and family: Affirms the MGX–WLFI agreement violates the Foreign Emoluments Clause and demands transfer of any proceeds from such agreements to the U.S. government.
  • Public trust and national security: Says WLFI’s links could invite foreign governments and unscrupulous actors to enrich the President and that blockchain pseudonymity could obscure such payoffs.
  • Crypto sector and investors: Highlights WLFI’s fundraising, including $550 million raised from a governance token and named large investors such as Justin Sun’s $75 million stake.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Blumenthal, Richard [D-CT]

CT • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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