Senator Richard Blumenthal criticized World Liberty Financial, a crypto venture linked to the Trump family, for its unsatisfactory response to a Senate inquiry regarding potential violations of federal laws. Blumenthal condemned the company for its inadequate answers, noting the risks posed by foreign governments influencing the President through this venture. The senator highlighted concerns over conflicts of interest and national security, calling for transparency surrounding President Trump’s financial connections to the firm. The inquiry follows World Liberty establishing ties with foreign governments, prompting further scrutiny from Congress and other political figures. The attorney representing World Liberty dismissed the senator's allegations and emphasized the company's compliance with legal standards. Blumenthal has demanded more information about the company’s operations and its leadership's involvement, stressing the need for accountability in light of the administration’s ongoing relationship with the firm.

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