At a Senate Banking Committee hearing, Elizabeth Warren pressed OCC chief Jonathan Gould about World Liberty Financial’s bank charter linked to Trump’s crypto firm, citing regulatory and political concerns over foreign investment ties.
During a Senate Banking Committee hearing, Senator Elizabeth Warren questioned Comptroller of the Currency Jonathan Gould regarding a pending national trust bank charter for World Liberty Financial, a crypto company associated with President Donald Trump. Warren expressed concern over foreign investment connections and urged clarity on the application’s status. Gould affirmed the OCC’s commitment to standard review procedures, avoiding political influence in regulatory decisions. The exchange highlighted heightened scrutiny of politically affiliated crypto banking applications.