Republicans lose Congress, WLFI may become the first investigation target of the Trump family's crypto business.

BlockBeats news, November 4th, today in the US midterm elections, the Democratic Party regained control of the House of Representatives. California Democratic Representative Robert Garcia will serve as Chairman of the House Oversight Committee and responded to the election results with "Lawyer up," stating he will focus on issues such as the "Trump crime family" and corporate corruption. He told the media that the committee will examine the Trump family's crypto transactions, Donald Trump Jr.'s business dealings, and situations involving relatives like Jared Kushner serving on boards or obtaining contracts, and claimed that Trump's crypto-related businesses have brought him over $1 billion in profits.

The Trump family's crypto company World Liberty Financial may become the primary focus. Democrats previously focused on an Emirati royal family member investing approximately $500 million in the company last year, and the company is seeking a national bank charter that requires approval from relevant US Treasury Department agencies. Democrats also plan to initiate inquiries and subpoenas starting next February into related companies and donors.