Trump says sons run World Liberty Financial as he denies role in crypto deals

US President Donald Trump has defended his family’s cryptocurrency business, World Liberty Financial, saying he has no involvement in its operations and cannot prevent his sons from pursuing business opportunities while he is in office. Summary Trump acknowledged his ownership in World Liberty Financial but said his sons manage the cryptocurrency business without his involvement. The president defended his decision not to divest, saying he could not ask his sons to stop their business activities for four years while he serves in office. World Liberty Financial has faced scrutiny over a reported $500 million investment linked to UAE national security adviser Sheikh Tahnoon bin Zayed Al Nahyan. Democrats are preparing investigations into Trump’s family businesses following their midterm election victories, with foreign crypto investments among the areas of interest. In a November 8 interview with CBS News, Trump acknowledged that he remains a co-owner of the company but maintained that his children manage the business independently of his presidential responsibilities. The comments came after interviewer Ross Douthat questioned the president about foreign investments in World Liberty...