Key facts
- Senator John Curtis requested an investigation into presidential family relationships for private financial benefit.
- The probe would examine Donald Trump Jr.'s acceptance of gifts from Russian oligarch Umar Kremlev and his promotion of family-backed cryptocurrency ventures.
- Hunter Biden is being scrutinized for substantial business with foreign entities and invoking his relationship to the presidency.
- President Biden pardoned his son in December 2024.
- Curtis noted Hunter Biden denied involving his father in his business dealings.
- The senator stated the inquiry's purpose is to establish facts, determine legal applicability, and identify necessary reforms.
Senator John Curtis, a Republican representing Utah, has formally requested an investigation into the cryptocurrency ventures and business dealings of Donald Trump Jr., son of President Donald Trump, and Hunter Biden, son of former President Joe Biden. In a letter sent Monday to Senate Judiciary Committee leaders Chuck Grassley and Dick Durbin, Curtis cited concerns over the use of presidential family relationships for private financial gain, preferential treatment, or access by domestic and foreign interests. He specifically called for subpoenas for both individuals.
Curtis highlighted Donald Trump Jr.'s acceptance of gifts from Russian oligarch Umar Kremlev for his wedding and his active promotion of family-backed cryptocurrency ventures and advisory roles with prediction market platforms, which fall under the Commodity Futures Trading Commission's purview. President Trump stated last week that his son had repaid Kremlev for the wedding gift.
Similarly, Curtis called for a probe into Hunter Biden's substantial business dealings with foreign entities and instances where his relationship to the presidency was invoked for value. President Biden issued a pardon to his son in December 2024 for crimes committed over the past decade, though Hunter Biden has reportedly denied involving his father in his business dealings.
Curtis stated the inquiry's objective would be to establish facts, determine the applicability of ethics, disclosure, and anti-corruption laws, and identify necessary reforms to prevent the presidency from being used for private enrichment. This call follows previous investigations initiated by Democrats into the Trump family's crypto ties, including concerns about a memecoin, World Liberty Financial, and a $500 million deal with Abu Dhabi's royal family.