Senate Democrats have demanded that Trump-appointed Middle East envoy Steve Witkoff explain why he still holds crypto assets while in public office, citing potential ethics violations. Witkoff retains stakes in World Liberty Financial, a crypto firm he co-founded with Trump. In May, the company facilitated a $2 billion investment from UAE’s MGX into Binance, paid in its stablecoin USD1. Lawmakers requested a formal response by October 31.https://t.co/jI48lxKXFA ...

Nomination Concerns - The nomination of Paul Gracia to lead the Office of Special Counsel raises concerns due to his limited government experience and controversial views [1][2][3] - Gracia's past associations, including defending Andrew Tate and sharing conspiracy theories, question his judgment and objectivity [3][4] - His views on political persecution and censorship further highlight potential biases [5] Potential Impact on Whistleblower Protection - Gracia's appointment could undermine the Office of Special Counsel's role in protecting federal employees who report wrongdoing [6] - The industry expresses concern that his loyalty to Donald Trump may compromise the office's independence and effectiveness [5][6]