SRES 243 United States Senate · 119th Congress

A resolution condemning the financial entanglements of World Liberty Financial, Inc. with President Donald J. Trump, the Trump family, and the Trump Administration.

This resolution condemns the financial connections between World Liberty Financial, Inc. (WLFI) - a cryptocurrency firm partially owned by President Trump and his family - and foreign entities, citing potential violations of the Constitution's Foreign Emoluments Clause. It specifically highlights a $2 billion deal involving WLFI and a UAE-backed firm (MGX Fund Management), which could allow the Trump family to receive payments from a foreign government without congressional consent. The resolution demands that any such proceeds be transferred to the U.S. government and affirms that these ties create unacceptable conflicts of interest and ethical concerns. As a non-binding Senate resolution, it does not change laws but formally expresses disapproval of these financial arrangements.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
President
Introduced May 21, 2025 Last action May 21, 2025
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May 21, 2025
Senate · Referred to committee
Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3064-3065)
May 21, 2025
Senate · Introduced
Introduced in Senate
1 primary · 0 co-sponsors

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Photo of Richard Blumenthal
Richard Blumenthal
DDemocratic
CT
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