Zach Witkoff, CEO of World Liberty Financial (WLFI), rejected allegations of favoritism linked to the Office of the Comptroller of the Currency (OCC), a U.S. bank regulator, granting preliminary conditional approval to World Liberty Trust. The trust is set to issue USD1, a stablecoin (digital token designed to track fiat value). Witkoff said Democratic Sen. Elizabeth Warren argued that the OCC could not fairly review the application because of the Trump family's ties to the project. He countered that the OCC had granted similar conditional approvals to five rival firms nine months before World Liberty's approval. He also said DT Marks, the Trump family's holding company, had agreed not to influence World Liberty's management. If final approval is granted, World Liberty would remain under ongoing OCC supervision after President Donald Trump's term ends.