Experts have for months been telling TPM that any vote by Congress to fund President Donald Trump’s war in Iran could end up being construed under the law as a passive approval by the legislature of a war it did not greenlight — as has happened with past conflicts.
And as Republicans tee up votes on various aspects of war funding, Democrats are sounding the alarm.
Rep. Sara Jacobs (D-CA), a member of the House Armed Services Committee, told reporters on Thursday she thinks providing money for the ongoing Iran war — which the Trump administration waged without any authorization from Congress — would be a backdoor way to get congressional lawmakers to authorize the war.
I want to thank everyone who came out to see us last night in Austin, Texas for our live recording of The Josh Marshall Podcast featuring Kate Riga. We had such a good time. I also wanted to thank our cosponsor, The Texas Observer, and the Observer’s news and politics editor, Justin Miller. It was so great to see all of you. As I told you last night, other than a few layovers when I was younger, I had never been to Texas before. As you guys say, it’s a whole other country. I’ve been to much of the South and Midwest. I grew up on the West Coast. But for whatever reason, I’d never been to Texas. I know Austin is a particular part of a very big state. But I really enjoyed my limited time there. And I really enjoyed getting a chance to meet so many of you.
Do you want us to come to your town or burg? Let us know. We’re slowly making our way across the country and particularly branching out from our usual haunts in DC and New York. We’ve now done live episodes of the pod in New York, DC, Chicago and Austin. And we plan to do multiple each year going forward around the country. So we’re always looking for good TPM towns to visit.
Two current and former Republican election officials have now thrown cold water on President Trump’s new push to demand the creation of dystopian state-by-state citizenship lists and scale back the use of mail-in ballots in the upcoming midterm elections.
House Democrats on Thursday tried to rein in the Trump administration’s unauthorized Iran war while the House is on its two-week Easter break.
A group of House Democrats — including Reps. Don Beyer (D-VA), Suhas Subramanyam (D-VA), James Walkinshaw (D-VA), Mary Gay Scanlon (D-PA), Madeleine Dean (D-PA), Glenn Ivey (D-MD), Sara Jacobs (D-CA), and Emily Randall (D-WA) — attended the House’s pro forma session Thursday morning in an attempt to pass a war powers resolution with unanimous consent.
The effort failed when the member presiding over the session as speaker pro tempore, Rep. Chris Smith (R-NJ), ignored House Democrats’ efforts, effectively blocking them from even bringing up the resolution.
The presiding chair gaveled in around 11:30 a.m. followed by the opening prayer, approval of the journal and the pledge of allegiance. Then, Smith immediately gaveled out, declaring the House adjourned around 11:34 a.m. without recognizing the Democrats as they yelled.
“The constitution is very clear that the power to declare war rests with the Congress of the United States,” Beyer told reporters at the House steps following the pro forma session. “That’s what we tried to do this morning. The pro forma speaker ignored us, which is a tragedy, but we will keep fighting.”
The effort to pass the war powers resolution with unanimous consent was largely symbolic as — even if the chair recognized Democrats — it would have been enough for even one Republican member to object to it to stop it from passing on the House floor.
The Democratic push to bring up the war powers resolution while the House is on a two-week Easter recess comes as President Donald Trump makes statements around the Iran war, which Congress has not authorized, that have alarmed even some of his own political allies.
“A whole civilization will die tonight, never to be brought back again. I don’t want that to happen, but it probably will,” Trump wrote on Truth Social on Sunday as he demanded Iran reopen the Strait of Hormuz.
Trump’s violent Easter Sunday threat to destroy the country prompted Americans of all political stripes to urge the representatives to intervene and stop the president, said Scanlon.
“We have attempted to do that today,” Scanlon told reporters of the blocked effort. “We urge our Republican colleagues to grow a spine. Have the courage to do the right thing.”
Senate Democrats are also planning to bring up their own war powers resolution in the upper chamber next week.
“This will be the FOURTH time we’ve forced a War Powers vote,” Senate Minority Leader Chuck Schumer (D-NY) said in a social media post. “This time, after threats from @POTUS to extinguish an entire civilization, Republicans must join us in voting to end this war once and for all. Our country is worse off because of Trump’s strategic ineptitude. Enough is enough. Pass the War Powers Resolution, end the war.”
Some Republicans have suggested openly they would expect to vote on a war powers resolution if the war lasts longer than the 60-to-90-day window set in the Vietnam-era War Powers Resolution, which requires the president to obtain congressional approval for operations that continue beyond that time frame.
Democratic representatives continued their own campaign urging their Republican colleagues to vote to limit their president’s Middle East rampage. And Ivey highlighted Republican Rep. Nathaniel Moran (R-TX), who on Tuesday took to X to push back against Trump’s murderous rhetoric.
“[L]et me be clear: I do not support the destruction of a ‘whole civilization,’” Moran wrote. “That is not who we are, and it is not consistent with the principles that have long guided America.”
On Wednesday, the U.S., Israel, and Iran entered a two-week ceasefire, which Iran almost immediately claimed had been violated as Israel continued to bomb Lebanon. Even if the ceasefire holds and negotiations go forward, Jacobs, who is a member of the House Armed Services Committee, said during the Thursday press conference that Trump still needs to be held accountable for his unprecedented threats in recent days.
“Threatening genocide is not a negotiating tactic. It is important that even though we were able to get this ceasefire — which I pray holds — that we hold this President accountable for what he threatened,” Jacobs told reporters. “Because threatening genocide is not just against international law. It’s against our federal law too, and it is our job as Congress to stand up.”
In January, a senior Pentagon official summoned the Vatican’s ambassador to the United States and issued a stunning threat, The Free Press reported this week: “The United States has the military power to do whatever it wants in the world. The Catholic Church had better take its side.”
WASHINGTON, DC – MARCH 03: U.S. Under Secretary of Defense for Policy Elbridge Colby testifies before the Senate Armed Services Committee at the Hart Senate Office Building on March 03, 2026 in Washington, DC. The Committee met to examine an update on the National Defense Strategy. (Photo by Kevin Dietsch/Getty Images)
Undersecretary of Defense for Policy Elbridge Colby proceeded to raise with then-ambassador Cardinal Christophe Pierre the Avignon papacy of the 14th century, a protracted period of French royal interference in the Roman Catholic Church that resulted for a time in dueling popes sitting in Rome and Avignon, France (I’m condensing more than a century of papal history into a single clause).
Entry of Antipope John XXIII (1360-1554) in Constanza to celebrate the ‘Council of Constance’ (1414) convened by a proposal from the emperor Sigismund, to end the Great Schism, He declared the superiority of the latter on the Pope and deposed three popes: John XXIII, Benedict XIII and Gregory XII, and elected Martin V as pope only in Christendom, Engraving. (Photo by Prisma/UIG/Getty Images)
Christopher Hale, who is the editor of the Letters from Leo newsletter, independently confirmed the Free Press report and adds these two morsels to the schism between the American pope and American president:
“[S]ome Vatican officials were so alarmed by the Pentagon’s tactics that they shelved plans for Pope Leo XIV to visit the United States later this year.”
“Other officials in the Vatican saw the Pentagon’s reference to an Avignon papacy as a threat to use military force against the Holy See.”
Too many layers of hubris, ignorance, and ahistoricism to unpack entirely here. More narrowly, there’s deep provincialism at play here, too, as conservative Catholics in America — especially those with the fervor of adult conversions to Catholicism — are especially rankled by internationalist popes like Leo XIV and Francis before him who have decidedly more moderate theologies and emphasize Catholic social teaching.
The White House and Pentagon each took issue with how the Free Press characterized the meeting, but neither denied its account.
Going G-R-E-A-T!
A sampling of headlines from leading U.S. news outlets on the tenuous ceasefire with Iran:
Four ships were allowed to pass Wednesday, the fewest so far in April, according to S&P Global Market Intelligence, down from more than 100 a day before the war. Iran is requiring ships to work out toll arrangements ahead of time and then pay the fees in cryptocurrency or Chinese yuan, mediators and shipbrokers said.
This moment requires clarity. So let’s be clear: the Strait of Hormuz is not open. Access is being restricted, conditioned and controlled.
Iran has made clear — through both its statements and actions — that passage is subject to permission, conditions and political leverage. That is not freedom of navigation. That is coercion.
Mohammed Baharoon, director-general of the B’huth Dubai Public Policy Research Center, a think tank in the UAE:
Iran is the only one that is happy with the outcome. They have now been re-established as the policeman of the Gulf. We woke up to a deal that doesn’t reduce the risk, but instead replaces it with a bigger risk.
Trump DOJ Watch
Ed Martin is seeking to move his DC bar disciplinary proceeding to federal court.
Subpoenaed former Attorney General Pam Bondi is trying to get out of testifying before the House Oversight Committee next week about the Jeffrey Epstein files.
Lawfare’s Molly Roberts goes deep on why the Trump DOJ’s prosecution of Smartmatic under the Foreign Corrupt Practices Act is so suspicious.
The Purges: Immigration Judges
More than 100 immigration judges (out of some 750 total) have been dismissed by the Trump administration in an unprecedented purge that threatens to strip any semblance of due process from immigration proceedings.
The Corruption: DHS Contracts Edition
Following on reporting last month from the WSJ and CNN, the WaPo takes its stab at the burgeoning investigation of how DHS contracts were handled under Kristi Noem, Corey Lewandowski, and a little-known contractor named Kara Voorhies.
The Corruption: Ballroom Steel Edition
A European steelmaker is donating tens of millions of dollars worth of structural steel to President Trump’s vanity ballroom project, the NYT reports.
Court Steps In On California Ballot Seizure
The California Supreme Court halted the investigation by Riverside County Sheriff Chad Bianco that led to the seizure of 650,000 ballots from a 2025 special election. The court’s intervention came the same day that newly released documents show the investigation was spurred by a conservative “election watchdog” group.
An Inconvenient Truth for RFK Jr.?
WaPo: “The acting director of the Centers for Disease Control and Prevention has delayed publication of a CDC report showing the covid-19 vaccine cut the likelihood of emergency department visits and hospitalizations for healthy adults last winter by about half, according to two scientists familiar with the decision.”
Zeldin Keynotes Climate Denier Confab
EPA Administrator Lee Zeldin was the keynote speaker at a climate change deniers conference in D.C. organized by the Heartland Institute.
Hot tips? Juicy scuttlebutt? Keen insights? Let me know. For sensitive information, use the encrypted methods here.
Conspiracy theories have become an inescapable part of American politics. I’ll talk to TPM contributing writer Mike Rothschild about his work as a researcher on conspiracy theories and how they spread, why some conspiracies endure, and what happens when fringe ideas are legitimized by some of the most powerful people on earth.
Health and Human Services Secretary Robert F. Kennedy has maintained that the target of his war on fluoride is ingested fluoride — specifically that from fluoridated drinking water and oral supplements. But the misinformed policy efforts to ban community water fluoridation and restrict access to fluoride supplements are having spillover effects in dentists’ offices.
Twenty years ago, as a pediatric dental resident in Iowa City Donald Chi had his first encounter with a family that did not want a topical fluoride treatment for their child. At the time, these patients were rare, but not unheard of. Today, in his practice at Odessa Brown Children’s Clinic in Seattle, he estimates that the clinic sees up to six families a day who say no to fluoride.
Some anti-fluoride activists and policymakers have drawn a line between ingested fluoride and the varnishes and gels that are applied by professionals. Topical fluoride usually comes in the form of a quick-drying gel or varnish, and is most often applied by a dental professional or other health care provider. Extensive research shows that it strengthens the enamel of the teeth, prevents tooth decay, and even helps to reverse cavities, especially in high-risk populations like children, who tend to eat sugary diets and brush teeth inconsistently.
That distinction is lost on many lay people. For Chi, the rise of topical fluoride hesitancy can be traced to the unsupported claims about community water fluoridation coming from top policymakers, which has created confusion for parents, sowing the seeds of doubt regarding the safety of fluoride in general.
“That’s all that needed to really create chaos in the system,” Chi said.
It appears as though members of the House Oversight Committee, including some Republicans, are not going to let ousted Attorney General Pam Bondi get away with skipping her deposition now that she is no longer attorney general.
House Oversight Committee Chair James Comer (R-KY) subpoenaed Bondi for an April 14 deposition before the committee to answer questions about the Justice Department’s handling of the Jeffrey Epstein case and the relase of the department’s investigative files on the wealthy financier who was charged with sex trafficking before he died in prison. Bondi had not yet officially confirmed the date of her testimony when she was unceremoniously fired by Trump last week, reportedly due to her apparent failure to secure timely indictments and investigations into Trump’s perceived political enemies. The panel said in a statement today that they plan to continue seeking a date for her to testify.
The DOJ reportedly sent Comer a letter this week requesting that Bondi be relinquished from her deposition duties since she was fired from the DOJ. Per Politico, which obtained a copy of the letter to Comer:
“We kindly ask that you confirm that the subpoena is withdrawn,” wrote assistant attorney general Patrick Davis, adding that DOJ “continues to believe that additional compulsory process is unnecessary in light of our demonstrated willingness to voluntarily assist your oversight efforts.”
Democrats on the panel have already indicated that they believe Bondi must still answer the committee’s questions, despite her ouster.
“Now that Pam Bondi has been fired, she’s trying to get out of her legal obligation to testify before the Oversight Committee about the Epstein files and the White House cover-up,” the panel’s ranking member Rep. Robert Garcia (D-CA) said in a statement Wednesday. “Our bipartisan subpoena is to Pam Bondi, whether she is the Attorney General or not. She must come in to testify immediately, and if she defies the subpoena, we will begin contempt charges in the Congress. The survivors deserve justice.”
It appears panel Republicans are on the same page:
“The Department of Justice has stated Pam Bondi will not appear on April 14 for a deposition since she is no longer Attorney General and was subpoenaed in her capacity as Attorney General,” a House Oversight Committee Republicans spokesperson said in a statement to Politico Wednesday. “The Committee will contact Pam Bondi’s personal counsel to discuss next steps regarding scheduling her deposition.”
It’s been an open question whether Republican Oversight Committee members might still enforce the subpoena after Bondi’s departure. But Comer broke with other Republican panel members, alongside four other Republicans on the committee, to join Democrats in voting to subpoena Bondi in March, indicating he may still be interested in hearing from her despite her ousting from the DOJ.
Iran War Powers Vote Incoming
Democratic leadership in Congress is planning a handful of actions to at least make some noise about President Trump’s ongoing, unauthorized and increasingly hysterical war in Iran, which may or may not be ongoing. While leadership did not join the chorus of calls from Democratic members of Congress yesterday to invoke the 25th Amendment and/or impeach Trump, Senate Minority Leader Chuck Schumer (D-NY) is planning to force a vote on a war powers resolution in the upper chamber next week.
“Congress must reassert its authority, especially at this dangerous moment. No president, Democrat or Republican, should take this country to war alone. Not now. Not ever,” Schumer said at a press conference Wednesday. “Republicans will once again have the opportunity to join Democrats and end this reckless war of choice. The public must demand that Republicans join with us to approve the War Powers Act.”
While similar measures have already failed repeatedly in the Senate, it appears that Republicans may try to bake authorization for Trump’s military operation in Iran into an impending budget reconciliation package that they’re expected to use to give Trump billions more in funding for his war.
Meanwhile, in the House:
Jeffries in a letter to colleagues has invited Democrats back to DC tomorrow to be on the House floor when Dems will try to offer a war powers resolution during a pro forma session
Raskin will hold a forum on the 25th amendment on Friday.
A small city in Wisconsin, just outside of Milwaukee — currently home to a Trump-backed data center AI project — has voted to block the development of future data centers in the city. Advocates say their efforts could serve as a blueprint for residents seeking to fight the development of AI data centers in communities around the nation.
The referendum won with 66% of voters answering ‘yes’ on the ballot question, asking whether to approve an ordinance that would add a public checkpoint to the approval process for TIF districts over $10 million. The ordinance was proposed by residents part of a grassroots, local anti-data center group, called Great Lakes Neighbors United, that opposed the $15 billion AI data center for Oracle, OpenAI and Vantage on the city’s north side.
First, just because Donald Trump is an inveterate liar, don’t assume that Iran is a reliable narrator about anything that was agreed to in this deal. (Was there a deal? We’ll get to that.) One thing both sides explicitly agree on, coming right from President Trump himself, is that the 10 point Iranian plan will serve as the basis for discussions over the next two weeks. The early accounts of what that document included focused on a lot things Iran wants, even including things it wanted before the war broke out. It doesn’t really focus on the things the U.S. notionally got into this war for. (We’ll get in a moment to what’s included in the document Iran released today.) For the U.S., this ceasefire is at best a ceasefire on the basis of a stalemate, where the fight is about a draw and both sides want to see if they can bring the fight to an end.
That’s the optimistic view. The U.S. has clearly been more eager to get to the negotiating table. It’s the U.S. that wants out most. The items on that list tilt heavily toward Iran. The Iranians appear to be exercising continued control of the Strait of Hormuz even if they may allow ships to go through — “allow” being the key word.
The U.S. Department of Labor has proposed a rule designed to make it harder to sue retirement plan fiduciaries that invest in risky, more volatile assets. The rule is also President Donald Trump’s administration’s latest giveaway to the Trump family’s favorite industry: Cryptocurrency.
Drawing on Trump’s August 2025 executive order titled, in part, “Democratizing Access to Alternative Assets,” the Labor Department rule highlights a non-exhaustive list of six such investments, including private credit, real estate, and cryptocurrency. To protect retirement plan agents and managers who choose to include these riskier products in their 401(k) offerings, the proposed rule outlines six factors over 164 pages designed to define a legally required “prudent process” fiduciaries should take to vet an asset. It lists several hypothetical situations and thoroughly explains how to do the right thing in each as defined by this administration. The rule signals to fiduciaries: If you follow these step-by-step processes, our rule offers you safe harbor from litigation.
“When a plan fiduciary [follows] the described process…,” the rule reads, “its judgment regarding the factor or factors is presumed to be reasonable and is entitled to significant deference.” The DOL’s proposal “gives fiduciaries (not opportunistic trial lawyers) the discretion and flexibility.”
Trump’s DOL rule is the latest element of the president’s oft-stated goal to grow the crypto industry, signaling the administration’s desire to allow huge sums of money to flow from retirement accounts into the largely unregulated, new financial realm, experts told TPM. Looming over all crypto policy decisions, these experts warned, was the fact that they could stand to further enrich a president with unprecedented conflicts of interest related to his family’s own business ventures.
“The White House is now directly meddling in every policy, especially with regard to financial regulation like this,” Corey Frayer, director of investor protection at the Consumer Federation of America, told TPM. “And rather than making a fact-based analysis of the facts and coming to some neutral conclusion, the policies are all bent towards either serving industry or, worse, benefiting companies that Trump and his family have enormous financial interest in.”
In the first several months of his second term, Trump’s family enterprise World Liberty Financial netted more than $800 million crypto sales, according to a Reuters tally — largely through sales made to foreign countries and entities. But as with many of the administration’s pro-crypto policies, the impact is not purely personal — crypto’s administration-supported expansion throughout the U.S. economy could come at a cost to average Americans at a time when the Trump administration is dismantling consumer protection agencies and departments like the Consumer Financial Protection Bureau.
Trump’s August executive order frames more volatile alternative investments as aspirational. His pitch hinges on the idea that wealthy individuals are already reaping the rewards of the sophisticated investments ordinary retail investors have been locked out of, a sentiment that has been echoed by big wigs on Wall Street whose firms are invested in private credit and digital asset industries. The rule change also garnered support from professional advocacy groups like the American Retirement Association.
“Put simply: this rule is not about expanding access to any particular investment,” ARA CEO Brian Graff wrote in a letter explaining the group’s support of the rule. “Rather, it reinforces the protective standards that govern how plan fiduciaries make decisions by providing a roadmap for investment selection, not a mandate.”
Experts who spoke to TPM, though, said the rule removes legal protections from retirees in the event employer-sponsored retirement plan managers don’t live up to their fiduciary duties. The rule risks protecting fiduciaries who operate in their own interests rather than that of their clients, and gives a green light to investments that offer less stability, less transparency, and less protection from adverse investment results.
“The reason fiduciaries were not taking these risks with employees’ retirement savings is because the potential rewards aren’t commensurate with those risks and under the current standard they are incentivized by the threat of litigation not to make investments that aren’t in the employee’s interest,” said Frayer, who served as a senior advisor on crypto markets at the Securities and Exchange Commission during the Biden administration. “The ability of the investor to hold that fiduciary accountable has been made harder.”
To make money there’s gotta be this kind of perpetual motion machine where you’re constantly finding new people to bring into the ecosystem to offload the investments onto.
Graham Steele, academic fellow at Stanford University’s Rock Center for Corporate Governance and former Assistant Secretary for Financial Institutions at the U.S. Treasury Department
Just before the Labor Department’s announcement, the health of the private credit industry, which has historically offered higher yields in exchange for higher fees and less immediate liquidity, was beginning to come under scrutiny. Investors who were already tapped into the market initiated, over the last few months, record high withdrawals and hit withdrawal caps, prompting concerns about access to investments and limited investor pools. Cryptocurrency has long been considered a volatile, less regulated instrument susceptible to financial crimes, though some digital assets try to offer more stability and are pegged to traditional assets.
In response to questions from TPM, a Labor Department spokesperson said the department’s rule affirms a process outlined in retirement investment law and affords “maximum discretion” to fiduciaries who follow the department’s outlined process.
Trump’s August executive order used almost the exact same language employed by BlackRock CEO Larry Fink last year in his influential annual letter to investors. With one section titled “The democratization of investing,” Fink spends much of the letter arguing that capitalistic wealth creation can reach more people by diversifying retirement plan investments to include private credit and digital assets.
“The beauty of investing in private markets isn’t about owning a particular bridge, tunnel, or mid-sized company,” Fink wrote. “It’s how these assets complement your stocks and bonds — diversification.”
But Trump and Wall Street don’t actually care about expanding access to wealth, Graham Steele, former Assistant Secretary for Financial Institutions at the U.S. Treasury Department, told TPM. Instead, it’s about broadening the investor pool to inject more wealth into the pockets of sophisticated investors.
“To make money there’s gotta be this kind of perpetual motion machine where you’re constantly finding new people to bring into the ecosystem to offload the investments onto,” said Steele, who is now an academic fellow at Stanford University’s Rock Center for Corporate Governance. “The administration uses language about quote unquote democratization, but it’s really a way to prop up asset prices to benefit crypto, venture capital, and private equity in particular.”
A DOL spokesperson told TPM the rule is to provide “regulatory clarity and guidance,” not to show support for a specific industry or asset class.
“The proposed rule is asset neutral,” the spokesperson wrote in an email. “DOL provided regulatory clarity and guidance so that plan fiduciaries can evaluate all potential assets (sic) classes that may or may not be appropriate for a 401(k) plan, and provided additional factors like liquidity and valuation guidance for the diligent evaluation of more complex or potentially volatile investments.”
Steele and Frayer said the language in the DOL rule could, in fact, result in propping up certain asset classes by sending a wink and a nod from the administration to fiduciaries. Another result of that signaling, said Steele, could be to connect more exclusive assets to the mainstream market and to help protect those more volatile products from a possible future, industry-wide downturn.
“People are less sympathetic to the idea of bailing out crypto if it’s just going to make a bunch of crypto companies whole,” Steele said. “But if there’s actually working people standing behind that, there’s a more compelling case there.”
A study from JPMorganChase found fewer new investors are entering the crypto market. Retail investors who participate in the market are confident in it, a 2025 study from PriceWaterhouseCooper showed. As of 2021, only about 14% of adults in the U.S. had traded crypto as of 2021, according to the Federal Reserve Bank of San Francisco, but the incorporation of crypto assets into 401(k)s presented growth opportunities for the volatile asset class. The rate of U.S. crypto ownership remained virtually unchanged through 2024, the Pew Research Center found.
Democrats in Congress have initiated several investigations and inquiries into the president’s ties to the crypto industry and his other business interests, which they have said present exceptional conflicts of interest.
“Changing the rules to allow such risky investments into retirement accounts is deeply alarming, but it is hardly surprising,” said Sen. Richard Blumenthal (D-CT), who on March 30 sent a letter to the SEC about the Trump family’s crypto ties, said in a statement to TPM. “Americans’ savings will be in danger, but President Trump will be making millions from this risk.”
World Liberty Financial in January applied with the U.S. Office of the Comptroller of the Currency for a national bank charter under the name World Liberty Trust Company. In the application, the firm said it had attached a request “to have full fiduciary powers” in a “Confidential Business Plan” exhibit, though it’s unclear exactly what the request contained or what the implication of those powers would be. The Office of the Comptroller of the Currency did not respond to multiple requests for comment from TPM.
World Liberty Financial spokesperson David Wachsman told TPM the company’s banking charter application “is not for” the purpose of being a retirement plan fiduciary and that the charter is “unrelated” to becoming a 401(k) management or advisory company.
Still, Steele and Frayer envisioned a future where companies seeking to curry favor with the president could pump up their retirement offerings with crypto offered by World Liberty Financial.
“We already see foreign countries doing this,” said Frayer.