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House Oversight Committee may probe Trump family crypto venture World Liberty Financial in 2027

Market News
08 Nov 2026, 09:13 WIB
Tokenpost
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Neutral
House Oversight Committee may probe Trump family crypto venture World Liberty Financial in 2027

The U.S. House Oversight Committee is expected to investigate World Liberty Financial, a crypto venture linked to the Trump family, as early as February 2027 under Rep. Robert Garcia's leadership. The circulating supply of USD1 tokens dropped from $5.39 billion in February to about $3.63 billion in November. World Liberty Financial plans to use funds, including fees from USD1 reserves, to repurchase WLFI tokens but has not disclosed specifics on the buyback amount or timing. This investigation could bring increased scrutiny to the Trump family's crypto transactions and operations.

The USD1 token supply fell from $5.39 billion in February to $3.63 billion in November, providing context for readers. For those following the broader cryptocurrency market, Pluang's snapshot as of Nov 08, 2026 14:01 WIB shows 11 of 50 major cryptocurrencies rising while 38 fell. EOS gained 8.13% to Rp12,649 with a typical hold time of 87 days, contrasting with BCH which dropped 6.36% to Rp4,424,627 despite 91% buy order activity, and EGLD down 5.48% to Rp54,845 with 100% buy orders.

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