Trump’s SEC leadership attracts probes by congressional watchdogs

The latest regulatory changes in the new DIA DIE under Trump are concern among government surveillance agencies.

Trump’s cryptographic empire and recent regulatory changes draw the attention of several surveillance agencies. On April 14, the government of government responsibility announcement plans To investigate the American Commission for Securities and Exchange.

In a letter addressed to the Democratic senators Elizabeth Warren and Mark Warner, the GAO – a non -partisan agency responsible for the surveillance of the government, confirmed that it would examine the changes implemented by the politically appointed management of the SEC. Among these changes, there are plans indicated to reduce staff and restrict the agency’s capacity to launch investigations independently.

In February, the lawyers of the dry said to Reuters That the new politically appointed leadership asked them to request permission before launching investigations. At the time, the guardian of the US government responsible. raised concerns During these changes, as well as crypto policy in general.

Since the management appointed by Trump took power, the dry has seen hundreds of resignations from staff members. At the same time, the agency offered lucrative dismissal packages to staff members who will voluntarily resign.

Trump crypto companies cause corruption problems

The main concerns are Trump’s various cryptographic companies, often a target of Congress Democrats. On the one hand, the member of the Maxine Waters room accused Trump of having used his power to become “Crypto King.”

Waters said Trump used his power to promote both his official Trump (ASSET) And his world financial firm Liberty to get rich. She said Trump had made $ 2 billion from her various cryptographic companies to the detriment of ordinary investors.

With senator Elizabeth Warren, Waters has also raised concerns about corruption. Waters and Warren explained That WLFI presents an opportunity for foreign cryptographic companies to exchange their crypto for an influence on American politics. For example, she referred to the founder of Tron Justin Sun Entry into WLFI As an advisor, after an investment of $ 30 million.

(ASSET)