Investment bank TD Cowen stated in a report on Monday that World Liberty Financial could deepen divisions among Washington lawmakers and hinder legislative efforts. Jaret Seiberg, of TD Cowen's Washington Research Group, said that the project could become a "major political issue for the crypto industry" if Trump wins in November. Seiberg wrote: "After the Trump family established World Liberty Financial, the possibility of cryptocurrency market structure legislation passing if Trump wins the election will decrease. This is because Democrats would be reluctant to support any legislation that is seen as enriching the Trump family for political reasons." (The Block)