House Democrats plan to open investigations into the family crypto businesses of President Donald Trump once they take control of Congress in January. Robert Garcia, the incoming House Oversight Committee chair, intends to examine World Liberty Financial, a $500 million investment by UAE national security adviser Tahnoon bin Zayed Al Nahyan and the October 2025 pardon of Binance founder Changpeng Zhao. Their majority will give them the power to subpoena documents and testimony from private companies and the administration without the president’s consent. The Trump family reported more than $1 billion in crypto-related income in 2025, including about $635 million in TRUMP memecoin royalties, while estimates put the family’s crypto earnings at $2.3 billion or more. The probes will not necessarily result in legislation, but they could delay progress on crypto legislation and increase political risk for crypto businesses.
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