Analysis: If Democrats Win Midterm Elections, Trump Family's Crypto Business May Become a Focus of Investigation

BlockBeats news, September 28 - According to Reuters, if the Democratic Party controls the House or Senate after the November midterm elections, it is expected to launch investigations into business dealings related to Trump and his family, with a focus on the Trump family's involvement in cryptocurrency, prediction markets, and investment businesses, as well as companies funding White House projects.

The report states that controlling either chamber of Congress would give Democrats more committee investigation resources and subpoena power, with some investigations potentially starting as early as February next year. Democratic lawmakers are currently repeatedly mentioning investigation targets including Donald Trump Jr.'s involvement in the venture capital firm 1789 Capital, as well as cryptocurrency companies tied to the Trump family, but no final investigation list has been formed yet.

Additionally, Republican Senator John Curtis previously also requested an investigation into some of Donald Trump Jr.'s business relationships, arguing that the president's family business activities should be subject to consistent congressional oversight.