World Liberty Financial

Rule Changes

Expected target of Democratic committee investigations.

Crypto spent the 2026 midterms trying to keep Congress friendly. On Nov. 3, Democrats won the House and Senate anyway. Sherrod Brown, an Ohio Democrat the industry reportedly spent more than $60 million trying to defeat, won back a Senate seat.

Updated 3 days ago

Rule Changes

As of May 2026: Under formal House investigation; deal now central obstacle to Senate crypto legislation

Treasury Secretary Scott Bessent's February 2026 congressional testimony tested norms of Treasury oversight: two days of shouting matches with House Democrats (Maxine Waters asking to 'shut him up,' Gregory Meeks calling him a 'flunky'), followed by heated Senate Banking Committee exchanges where Democratic Senator Jack Reed called his conduct 'childish' and Senator Elizabeth Warren pressed him on whether Fed nominee Kevin Warsh would face investigations if interest rates aren't cut as Trump demands. Bessent refused to clarify, prompting Warren to call the situation 'an even taller steaming pile of corruption.'

Updated May 27