The post Tether Faces Fresh Scrutiny in U.S. Conflict of Interest Probe appeared first on Coinpedia Fintech News
Two Democratic senators, Elizabeth Warren and Ron Wyden, have launched an inquiry into Commerce Secretary Howard Lutnick over alleged financial ties between Tether and a trust linked to his children. Lawmakers are seeking loan documents to examine possible conflicts of interest and whether policy decisions could be influenced. The probe matters because it could affect stablecoin regulation and market trust. Further disclosures may shape future U.S. oversight of Tether and crypto policy.