World Liberty Financial has secured commitments from Eric Trump, co-founder Zak Folkman and Emirati investor Hamad Khalfan Ali Matar Alshamsi to avoid decision-making at its proposed national trust bank while the company seeks federal approval. The arrangements, known as passivity commitments, became public after World Liberty received preliminary approval late last week and are intended to reassure regulators that the investors will not control the bank. The scrutiny is heightened by World Liberty’s ownership ties to Donald Trump’s family and overseas investors, including a business associated with Sheikh Tahnoon bin Zayed, brother to the UAE president, which agreed to buy 49% of the company before Donald Trump took office as president. Trump and his family retain financial interests but are not officers, directors or employees, the company says. A federal charter would allow World Liberty to issue USD1 and hold nearly $4 billion in reserves within the same organization. World Liberty spokesman David Wachsman said the company expects to remain under federal oversight for years and will cooperate with the OCC (U.S. bank regulator) and comply with applicable laws. The application comes as federal policy becomes more receptive to crypto bank charters, with Ripple, Paxos, Fidelity Digital Assets and Coinbase receiving conditional trust bank approvals in 2025 or earlier this year. Regulators must still determine whether World Liberty can place USD1’s reserve structure inside a federally supervised banking business.