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Elizabeth Warren, OCC Chief Spar Over Trump-Linked Crypto Bank Bid

Elizabeth Warren, OCC Chief Spar Over Trump-Linked Crypto Bank Bid

In brief

  • Warren pressed OCC Comptroller Jonathan Gould to share the unredacted charter application for World Liberty Financial, citing foreign ownership and national security risks.
  • Gould refused to delay or deny the application, saying he would process it “as we process all applications.”
  • Warren warned Gould that approving the charter would take him “from being a cheerleader for President Trump to an accomplice in his corruption.”

The nation’s top bank regulator refused Thursday to delay or deny a bank charter application from a President Trump-affiliated crypto company, even as an outspoken senator told him approving it would make him “an accomplice in his corruption.”

At a Senate Banking Committee hearing on prudential regulators,…

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