Democrats prepare to investigate World Liberty Financial after House win

Democrats have secured control of the US House of Representatives in the 2026 midterm elections, putting President Donald Trump’s family cryptocurrency businesses in line for congressional investigations once the new Congress takes office. Summary Democrats have regained control of the US House of Representatives, giving them the authority to investigate President Donald Trump’s family cryptocurrency ventures through congressional subpoenas. World Liberty Financial is among the potential targets, with lawmakers expected to examine a reported $500 million investment by an Emirati royal and the company’s foreign ownership arrangements. Incoming House Oversight Committee chair Robert Garcia has promised investigations into Trump family business dealings, including cryptocurrency transactions and potential conflicts of interest. Reuters previously estimated that Trump family cryptocurrency ventures generated at least $2.3 billion in earnings, while investors in associated tokens suffered substantial losses. Democrats could begin their investigations as early as February 2027, with plans to seek records from private companies and individuals connected to the Trump family’s businesses. A...