Senator Elizabeth Warren and several Democrats and ethics lawyers are calling for an investigation into potential ethics violations related to deals with the United Arab Emirates.Senator Elizabeth Warren and several Democrats and ethics lawyers are calling for an investigation into potential ethics violations related to deals with the United Arab Emirates.

Senator Elizabeth Warren Calls For Investigation Into Trump Aides

Senator Elizabeth Warren and several Democrats and ethics lawyers are calling for an investigation into potential ethics violations related to deals with the United Arab Emirates. 

The Trump administration recently relaxed restrictions on the sale of sensitive national security technology to the United Arab Emirates. 

Senator Warren Wants an Investigation Into Foreign Deals 

U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Elissa Slotkin (D-MI), have sent a letter to Duane Townsend, Acting Inspector General of the U.S. Department of Commerce, Arne Baker, Acting Inspector General at the U.S. Department of State, and Eric Ueland, Acting Director of the U.S. Office of Government Ethics, urging them to investigate the conflicts of interest of David Sacks, President Trump’s White House AI and Crypto Czar, and Steve Witkoff, United States Special Envoy to the Middle East. 

According to sources, the Senators are looking for more information on the roles Sacks and Witkoff may have played in the United States advocating the sale of sensitive national security technology to the United Arab Emirates. The Senators also want to know the extent to which they gained financially from the deals in question. The request by Senator Warren and other Democrats in Congress comes after an investigation exposing connections between the Trump family’s cryptocurrency firm and an agreement giving the UAE access to advanced AI chips. The Senators noted, 

A Clear Conflict Of Interest?

While Congress is contemplating digital asset legislation, Senators have sounded alarm bells about the USD1 stablecoin, warning that it is entangled with personal business dealings of senior officials. Senators noted that Witkoff has a financial interest in World Liberty Financial, while his son brokered a $2 billion UAE-backed deal tied to the USD1 stablecoin. Meanwhile, Sacks continues managing a venture fund funded by Emirati money. The fund also invests in the infrastructure powering USD1. Such overlapping ties suggest both men stand to profit from government decisions and policies they helped shape. 

The Senators concluded that such blatant conflicts of interest have no place in the US government. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$5.26
$5.26$5.26
-0.09%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Share
BitcoinEthereumNews2025/09/18 03:14
Kodiak Sciences Announces Pricing of Upsized Public Offering of Common Stock

Kodiak Sciences Announces Pricing of Upsized Public Offering of Common Stock

PALO ALTO, Calif., Dec. 16, 2025 /PRNewswire/ — Kodiak Sciences Inc. (Nasdaq: KOD), a precommercial retina focused biotechnology company committed to researching
Share
AI Journal2025/12/17 12:15
Oil jumps over 1% on Venezuela oil blockade

Oil jumps over 1% on Venezuela oil blockade

Oil prices rose more than 1 percent on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering
Share
Agbi2025/12/17 11:55