U.S. Representative Gerald Connolly, Democrat of Virginia, has called on the U.S. House Committee on Oversight and Government Reform to investigate whether President Trump's cryptocurrency venture conflicts with his presidential duties. In a Jan. 21 letter to committee Republican Chairperson James Comer, Connolly said Trump may have profited from his World Liberty Financial (WLFI) platform and Meme Coin TRUMP, which could violate ethical standards and pose a national security risk; Trump's WLF platform is "particularly troubling" because its largest investor, Tron founder Justin Sun, is a foreign entrepreneur, and the Securities Exchange Commission (SEC) has charged him with securities fraud. He added that such financial "entanglements" raised "serious national security concerns" that foreign powers could influence US policy. "Allowing such behaviour to continue unchecked would signal to the American people that the oversight board is unwilling or unable to enforce the standards it claims to uphold," Mr. Connolly wrote. He also said Mr. Trump was unlikely to comply with "any of the provisions" of the Presidential Ethics Reform Act, which requires financial disclosure and conflict of interest checks, without the committee's intervention.