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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

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Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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The assets, worth €183 billion and held mostly at Euroclear in Brussels, would fund Ukraine's defense and budget needs now, with repayment from future Russian reparations. De Wever demands EU-wide risk sharing and points to Belgium's ongoing aid via taxes on the assets' interest, expected to yield €1 billion next year. EU allies criticize Belgium's handling of those funds, while the standoff highlights strains in supporting Ukraine amid shifting U.S. policies. Diplomats hope for progress at December's summit.

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Belgian Prime Minister Bart De Wever wrote a firm letter this week, calling the EU's proposal to back €140 billion in loans with frozen Russian funds fundamentally wrong. He worries it breaks international law and risks Belgium's financial standing.

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The November 30 Washington Post piece highlights economists' fears of deflation, where broad price declines often precede recessions due to weak demand from layoffs or reduced spending. Experts like Johns Hopkins' Francesco Bianchi explain how dropping prices with steady wages could hurt company profits, spark job cuts, and create a downward spiral. Critics call the view out of touch with everyday struggles, while inflation lingers near 3 percent—above the Fed's target—and households grapple with elevated costs on cars, energy, health care, and child care.

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Families still feel the pinch from grocery prices up 25 percent over five years and housing costs soaring 30 percent since 2020. Now a new article cautions that falling prices across the board might mean even tougher times ahead.

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Oba Abimbola Akeem Owoade I, who became Alaafin in April 2025, made the assertion while citing colonial records, court rulings, and Oyo's imperial history as proof of its coordinating role over Yoruba monarchs. The event also honored Senator Abdul-Aziz Yari and drew top figures, but it stirred online clashes with claims that the Ooni of Ife plans a rival Aare Ona Kakanfo appointment in 2026—though unconfirmed. Rooted in Oyo's past empire and Ife's spiritual origins, the debate highlights ongoing tensions among Yoruba leaders amid calls for unity.

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At a palace ceremony, the Alaafin installed Seyi Tinubu as Okanlomo of Yorubaland, declaring his throne alone holds power to grant such sweeping honors.

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