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House Dems call for Treasury probe into Trump family crypto venture

House Dems call for Treasury probe into Trump family crypto venture

U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing about the annual report of the Financial Stability Oversight Council, on Capitol Hill in Washington, D.C., U.S., February 4, 2026.

Kylie Cooper | Reuters

Dozens of House Democrats wrote to Treasury Secretary Scott Bessent on Thursday calling for an investigation into possible conflicts of interest and national security concerns related to World Liberty Financial, the Trump family’s cryptocurrency venture.

The letter, led by Rep. Gregory Meeks, D-N.Y. and 40 other lawmakers, landed after Bessent testified at a contentious House Financial Services Committee hearing earlier this month. Meeks at the hearing called Bessent a “flunky” of…

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