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On Thursday, Sen. Elizabeth Warren (D-Mass.) took to X and posted “I have questions for MrBeast,” referring to YouTuber Jimmy Donaldson.
Warren Questions MrBeast’s Move Into Finance
Her post referred to a 12-page letter she sent to MrBeast last month.
In a detailed letter, Warren asked Donaldson and Beast Industries CEO Jeffrey Housenbold to explain the company’s plans following its acquisition of teen-focused fintech app Step.
The lawmaker requested clarity on compliance, marketing practices and safeguards for young users, the New York Times reported.
Crypto Concerns For Teen Users
A key focus of Warren’s inquiry is whether Beast Industries could promote cryptocurrency to minors.
Step…
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