An outside progressive group led by a former aide to Senator Elizabeth Warren has drafted an oversight blueprint, listing Coinbase CEO Brian Armstrong as a proposed hearing witness and recommending that he question Coinbase about its donations to the White House banquet hall construction project and the potential benefits it may receive.
The document lists WLFI as a potential subject of investigation, involving US President Trump's financial relationship with the company, the Trump administration's relaxation of crypto enforcement, and its relationship with Binance.
Senator Richard Blumenthal has sent letters to executives at crypto companies such as Coinbase, Ripple, Kraken, Paxos, and Gemini, requesting information on their donations to the White House banquet hall construction project.
