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Condemning World Liberty Financial's Financial Ties to Donald Trump

The U.S. Senate condemns the financial ties of World Liberty Financial, partly owned by Donald Trump and his family, with his administration. It believes these connections could lead to conflicts of interest, national security risks, and constitutional violations, especially regarding receiving funds from foreign entities without Congressional approval. Citizens should be aware that such situations might influence the nation's foreign policy and public trust in government offices.
Key points
The Senate condemns the financial entanglements of World Liberty Financial (WLFI) with Donald Trump and his family, citing potential violations of government ethics.
It highlights the facilitation of investments from foreign governments and financial transactions with individuals facing federal prosecution.
The resolution asserts that an agreement between WLFI and a foreign investment firm may violate the constitutional clause prohibiting the acceptance of emoluments from foreign states without Congressional consent.
The Senate demands the transfer of any proceeds received by Donald Trump from such agreements to the U.S. Government.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_SRES_243
Sponsor: Sen. Blumenthal, Richard [D-CT]
Process start date: 2025-05-21
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A resolution condemning the financial entanglements of World Liberty Financial, Inc. with President Donald J. Trump, the Trump family, and the Trump Administration.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_SRES_243.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-21.

What are the main provisions?

Key points include:

  • The Senate condemns the financial entanglements of World Liberty Financial (WLFI) with Donald Trump and his family, citing potential violations of government ethics.
  • It highlights the facilitation of investments from foreign governments and financial transactions with individuals facing federal prosecution.
  • The resolution asserts that an agreement between WLFI and a foreign investment firm may violate the constitutional clause prohibiting the acceptance of emoluments from foreign states without Congressional consent.
  • The Senate demands the transfer of any proceeds received by Donald Trump from such agreements to the U.S. Government.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Blumenthal, Richard [D-CT].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Courts and Law Economy Security