A minority press release from the U.S. Senate Committee on Banking, Housing and Urban Affairs published prepared remarks by Senator Elizabeth Warren, the Committee’s Ranking Member, warning institutional investors that corruption under President Donald Trump is undermining investor trust and could threaten the functioning of U.S. financial markets. Speaking at the Council of Institutional Investors conference, she urged investment leaders to use their influence to demand stronger enforcement and anti-corruption action. Warren argued that enforcement has weakened across agencies and highlighted the U.S. Securities and Exchange Commission in particular, claiming it filed 2,700 enforcement actions under the prior chair versus 300 so far under the Trump administration, which she described as the lowest in a decade. Her remarks cited multiple examples of alleged favoritism and conflicted decision-making across tariffs, merger approvals, antitrust enforcement, defence contracting, crypto-related ventures and prediction markets, and she pointed to reported Trump family crypto holdings estimated at USD 3 billion. She called for Congress to pass stronger anti-corruption laws and for the SEC, the Commodity Futures Trading Commission and the Department of Justice to enforce existing rules, adding that she would use tools available to her to push in that direction.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-03-11
U.S. Senate Committee on Banking, Housing and Urban Affairs’ Warren warns institutional investors that alleged Trump administration corruption could undermine market integrity
Senator Elizabeth Warren warned that corruption under President Trump is eroding investor trust and could jeopardize U.S. financial markets. At the Council of Institutional Investors conference, she criticized weakened enforcement by agencies, especially the SEC, and urged investment leaders to demand stronger anti-corruption measures. Warren called for Congress to enact tougher laws and for regulatory bodies to enforce existing rules, highlighting alleged favoritism and conflicts in various sectors.