April 4, 2025
Trump Defenders
The White House and World Liberty Financial executives deny any conflicts of interest, with the latter criticizing Senator Warren’s opposition as politically motivated.
Source: X (@AmericanBTC)
Eric Trump explained the move followed backlash against the family business. He also stated that, with Republicans in control of Congress, many are naturally going to be against them every step of the way.
Looking Ahead
As World Liberty Financial pushes forward with its USD1 stablecoin, concerns about regulatory oversight continue to grow.
Debate continues over the stablecoin’s $1.6 billion reserve surge and potential new regulations under the GENIUS Act, among several other issues.