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U.S. Senator Warren rebuffed on delay of World Liberty bank charter over Trump ties
Source: CryptoNewsNet Original Title: U.S. Senator Warren rebuffed on delay of World Liberty bank charter over Trump ties Original Link: A banking application connected to World Liberty Financial Inc., a crypto firm partially owned by President Donald Trump, will proceed as normal, according to the chief of the Office of the Comptroller of the Currency, who rejected a request from U.S. Senator Elizabeth Warren to focus special scrutiny on the president’s potential conflict of interest with the company.
The Massachusetts lawmaker, who is the top Democrat on the Senate Banking Committee, has been scrapping with a federal bank regulator and others in Trump’s administration over his personal stake in a company set to be regulated by the federal agencies he controls. But Comptroller of the Currency Jonathan Gould said on Friday that he’ll follow the normal course of the application process with the application for World Liberty trust bank.