“The most brazen act of self-dealing our financial system has ever seen,” said Elizabeth Warren.
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The Office of the Comptroller of the Currency, a regulatory agency whose leader was chosen by President Donald Trump, granted preliminary approval on Friday to World Liberty Financial’s application for a federal bank charter.
World Liberty Financial is a crypto venture launched in 2024 by the president’s two eldest sons, Donald Trump Jr. and Eric Trump, and several partners. The firm’s website states that WLF is 38%…
