Sens. Jeff Merkley (D-Ore.) and Elizabeth Warren (D-Mass.) called on a federal watchdog Monday to launch an inquiry into a recent deal announced by the Trump family’s crypto firm, raising concerns it could create an opening for foreign influence.

The company launched by President Trump and his sons, World Liberty Financial, revealed last week that its new stablecoin would be used to complete a $2 billion transaction between Emirati firm MGX and crypto exchange Binance.

“The deal, if completed, would represent a staggering conflict of interest, one that may violate the Constitution and open our government to a startling degree of foreign........

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