# Democrats Plan Senate Probe of Trump Family's World Liberty Financial By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/52261 Published: 2026-11-09T11:52:35.000Z Updated: 2026-11-09T11:52:35.000Z Section: Regulation > A planned Senate panel led by Sen. Richard Blumenthal is expected to focus on the Trump family's crypto venture. Incoming House Oversight Committee Chair Robert Garcia says a House inquiry will examine the family's cr… Democrats’ planned investigations into President Donald Trump’s crypto interests are taking shape in both chambers of Congress after the party won majorities in the midterm elections, putting the family’s businesses and industry political ties under scrutiny. Sen. Richard Blumenthal is expected to lead a planned Senate investigative panel focused on World Liberty Financial, the Trump family’s crypto venture. The panel’s plans add a Senate track to the [earlier House pledge to review Trump family crypto transactions](). Incoming House Oversight Committee Chair Robert Garcia said a House inquiry will examine the family’s crypto businesses and the income they generate. Trump earned more than $1.16 billion in 2025 from crypto asset sales and token royalties, with a substantial share connected to World Liberty Financial. The company has said Trump has not been involved in its affairs since taking office. Over the past two years, Democratic senators including Blumenthal and Sen. Elizabeth Warren have sent inquiries to Binance and Tether about suspected illegal activity. Most executives at the companies did not respond. Ron Hammond, Wintermute’s head of policy and advocacy, said crypto companies should prepare for congressional scrutiny even if they hold licenses from agencies led by Trump appointees. He said firms viewed as major donors to Trump or his projects should be ready for particular attention. Crypto-linked political groups spent close to $200 million in the elections through Fairshake and a separate political action committee backed by Tether. Some races the groups backed ended in losses. Coinbase, Ripple and a16z were among Fairshake’s funders. Joshua Riezman, GSR’s chief legal and strategy officer, said he expected the new Congress to bring real pressure and different demands from its predecessor. He said lawmakers’ increased familiarity with crypto could also lead to more focused inquiries that distinguish legitimate businesses from bad actors. Garcia is due to assume the House committee chairmanship in January. ## Links in this article - [earlier House pledge to review Trump family crypto transactions](https://www.tokenpost.com/news/regulation/48826)