Senators Elizabeth Warren and Jeff Merkley have raised alarms about a partnership between a Trump-backed cryptocurrency firm and the Emirati investment company MGX, calling for an investigation by the U.S. Office of Government Ethics. They voiced fears that the deal could create significant conflicts of interest and endanger national security by allowing foreign influence over U.S. governance. The lawmakers argue that members of the Trump family could benefit financially, raising potential constitutional violations and risks of quid pro quo arrangements with foreign entities.
"[The deal] would represent a staggering conflict of interest, one that may violate the Constitution and open our government to a startling degree of foreign influence and the potential for a quid pro quo that could endanger national security."
"There are also significant concerns about conflicts of interest and national security," Warren and Merkley wrote, emphasizing the risks attached to the partnership between the Trump-backed cryptocurrency company and the Emirati investment firm.
Collection
[
|
...
]