Democratic senators Elizabeth Warren and Elissa Slotkin have called for an investigation into potential conflicts of interest in the Trump Administration, as per a letter penned to officials in key U.S. departments: Specifically, the Department of Commerce, the Department of State, and the Office of Government Ethics.
The letter is contained in a press release by the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
The complaint is aimed at Zach Witkoff, who is the CEO of World Liberty Financial, and David Sacks, who was appointed by U.S. President Donald Trump in December 2024 as AI and crypto Czar.
The request for a probe into dealings of key officials comes after a $2 billion investment by Sheik Tahnoon Bin Zayed Al Nahyan into World Liberty Financial and an AI deal that saw advanced chips and systems given to the U.A.E., according to the New York Times.
The letter, penned by the senators, alleges that Zach Witkoff and David Sacks both played a key role in relaxing the traditional national security practices of the U.S. to make the deal possible, citing concerns that such intelligence could be potentially leaked to China.
The document also alleges that Administration officials’ personal dealings with cryptocurrency have become involved with their public roles.
Opposition from democrats regarding Trump’s involvement in cryptocurrency has been an ongoing issue, with senators repeatedly raising the issue of Trump and his family’s substantial investments in cryptocurrency.
“In the history of our country’s foreign policy, one is hard-pressed to find two senior officials with such significant conflicts of interest involved in decisions regarding national security. Such unbridled conflicts of interest have no place in the U.S. government, and we urge you to undertake a swift and thorough evaluation of these allegations,” stated the letter.