Overview

• President Trump is set to visit Saudi Arabia, Qatar, and the UAE next week, where his family has ongoing real estate and cryptocurrency projects.
• The Trump Organization, managed by Eric and Donald Trump Jr., recently announced multi-billion-dollar developments in the Middle East, including luxury properties and golf resorts.
• The administration faces scrutiny over the $TRUMP memecoin and World Liberty Financial's stablecoin, USD1, which have reportedly generated significant profits for the Trump family.
• The GENIUS Act, a legislative effort supported by Trump to legitimize stablecoins, failed in the Senate after reports revealed the family's financial stake in the crypto ventures.
• White House Press Secretary Karoline Leavitt strongly denied allegations of conflicts of interest, asserting that Trump has lost money during his presidency and acts solely in the public's interest.