Senator Seeks World Liberty’s Bank Charter Bid Delay

Senator Elizabeth Warren is urging the Comptroller of the Currency, Jonathan Gould, to postpone reviewing World Liberty Financial’s application for a national trust bank charter until Donald Trump divests his financial interests in the crypto platform. Warren expressed concerns about unprecedented financial conflicts, citing Trump and his family as co-founders of World Liberty, which has generated significant wealth for them. She questioned Gould’s impartiality, referencing his past responses regarding potential Trump influence over the OCC. Warren believes Gould would be overseeing a company in which the President has a direct financial stake, a situation she deems unprecedented. The request coincides with the Senate Banking Committee’s upcoming debate on a crypto market structure bill, where Democrats had sought ethics provisions that were not initially included in the draft.

(Source：Cointelegraph)