Many Democrats have previously called for investigations into the Trump family’s crypto ventures, but now a Republican is asking for an inquiry based on ties to the presidency.
Senator John Curtis, a Republican representing Utah, sent a letter to leaders of the Senate Judiciary Committee calling for an investigation into US President Donald Trump’s and former President Joe Biden’s sons, citing the former’s involvement in the crypto industry.
In a Monday letter to Senate Judiciary Committee Chair Chuck Grassley and ranking member Dick Durbin, Curtis said that the body should probe “the use of presidential family relationships for private financial benefit, preferential treatment, or access by domestic and foreign interest.”& He also asked for subpoenas for Donald Trump Jr. and Hunter Biden, Joe Biden’s son.
The Utah lawmaker specifically called out Donald Trump Jr. for accepting gifts from Russian oligarch Umar Kremlev as part of his wedding, his “active promotion of family-backed cryptocurrency ventures” and advisory roles with prediction market platforms, as the companies are under the regulatory purview of the Commodity Futures Trading Commission.& The president said last week that his son had paid Kremlev back for what Donald Trump Jr. and his wife called a “generous wedding gift.“
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