TRUMP or Caught in Political and Regulatory Storm: Warren Accuses Conflicts of Interest, while the encryption Tsar Calls it a "Collectible Attribute"

Recently, it was reported that Elizabeth Warren, a Democratic senator and senior member of the Senate Banking Committee, publicly urged the U.S. Government Ethics Office and financial regulators to launch a comprehensive investigation into the TRUMP coin. Warren pointed out that there is a potential conflict of interest between the TRUMP coin issued by Trump and his family and the MELANIA token of the same name, which could affect the fairness of his political decisions. She stressed that such tokens not only “contribute to disruptive factors in the monetary space”, but can also make investors “fall prey to the transfer of family interests”. Meanwhile, David Sacks, known as the “Czar of Encryption,” refuted Warren’s accusations in an interview with Fox Business News. Sachs likened the TRUMP coin to a “baseball card or souvenir,” arguing that it is essentially a collectible rather than a financial instrument and therefore does not pose a risk of conflict of interest. He further said that Central Bank’s Digital Money (CBDC) could threaten individual freedoms, and stablecoins are a key tool to cement the dollar’s global dominance. Sachs revealed that the U.S. Digital Asset Working Group is prioritizing the development of market structure rules, clarifying the classification criteria for digital assets, and assessing the feasibility of a national digital asset reserve program. TRUMP has been intertwined with political controversy since its inception. Supporters see it as a “cultural symbol” that attracts a large number of Trump supporters; Opponents question its compliance and practical value. Warren’s accusations may push Congress to step up the trial of politicians