Shocking SEC Shake-Up Under Trump Sparks Major Watchdog Probe

Hang onto your hats, folks! The SEC is in the middle of a wild storm, thanks to Trump's latest moves, and it's got government watchdogs barking mad!

Trump's crypto empire is no secret, but his recent shake-up at the SEC has watchdog agencies howling. On April 14, the Government Accountability Office dropped a bombshell: they're launching a full-blown investigation into the SEC's new direction under Trump's appointees.

Hold up, it gets juicier. In a letter to Senators Elizabeth Warren and Mark Warner, the GAO—the folks who keep the government in check—confirmed they're diving deep into the SEC's new rules. We're talking about staff cuts and a gag order on starting investigations without begging for permission first. Can you believe it?

Back in February, SEC lawyers spilled the beans to Reuters, saying the new bosses wanted them to play Mother May I before kicking off any probes. Meanwhile, Accountable.US, another watchdog, was sounding the alarm on these changes and the broader mess in U.S. crypto policy.

Since Trump's crew took over, the SEC has been bleeding staff like crazy—hundreds have bailed. And get this: they were waving juicy severance deals at anyone willing to walk away quietly.

Trump's Crypto Empire Stirs Up Corruption Fears

But here's where it gets really spicy. Trump's crypto ventures are under fire, with Dems in Congress up in arms. Representative Maxine Waters isn't holding back, accusing Trump of playing the "crypto king" card to line his pockets.

Waters is calling out Trump for pushing his Official Trump (TRUMP) coin and his World Liberty Financial firm to rake in a cool $2 billion, while leaving everyday investors in the dust.

And she's not alone. Together with Senator Elizabeth Warren, Waters is raising hell over potential corruption. They're worried that WLFI is a backdoor for foreign crypto bigwigs to swap their digital cash for a say in U.S. politics. Case in point: Tron's Justin Sun waltzes in as an advisor after dropping $30 million. Is this what our democracy has come to?

(TRUMP)