US EditionUS regulator may share World Liberty bank application with lawmakers
Comptroller Jonathan Gould may allow confidential congressional review of World Liberty Financial’s bank charter amid conflict concerns linked to Trump family and UAE investor.
- At a Senate Banking Committee hearing in Washington, Jonathan Gould, Comptroller of the Currency, said he would consider allowing senior Congress members to review World Liberty Financial's application on Thursday.
- Democrats on the Senate Banking Committee raised potential conflicts and asked Gould to share an unredacted application with Warren and Scott.
- World Liberty's spokesman said the company complied with all application requirements, and a World Liberty spokesman said the company met all disclosure rules during the process.
- Facing calls to delay or reject, the White House denied that the Trump family’s crypto ties present a conflict, while Democrats pressed Gould to share an unredacted application with lawmakers.
- With World Liberty's January filing, regulators face a broader trend as several crypto firms receive preliminary approvals for a national trust bank charter, enabling expansion.
14 Articles
14 Articles
Elizabeth Warren Says Trump's Banking Regulator Looking Into His Family's Crypto Bank Application: 'The Public Deserves Transparency'
Sen. Elizabeth Warren pressed for details on Thursday, February 26, on the Trump family's application to establish a stablecoin bank linked to their World Liberty Financial platform.
US regulator may share World Liberty bank application with lawmakers
The head of the national U.S. bank regulator said on Thursday he would consider a request to allow senior members of Congress to review the bank charter application of World Liberty Financial, a crypto venture backed by the family of President Donald Trump.
Elizabeth Warren Presses OCC Over UAE Stake in World Liberty Application
Warren questioned foreign ownership in Trump’s crypto bank bid. OCC said it will follow normal review rules. Senator Elizabeth Warren has questioned the head of the Office of the Comptroller of the Currency (OCC) in the Senate Banking Committee hearing about the bank charter application, which is linked to President Donald Trump’s World Liberty. The exchange mainly focuses on the proper disclosure of the company’s foreign ownership in its applic…
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