A banking application tied to World Liberty Financial Inc., a cryptocurrency firm partially owned by U.S. President Donald Trump, will continue through the standard regulatory process, according to the head of the Office of the Comptroller of the Currency (OCC). The decision comes after U.S. Senator Elizabeth Warren urged regulators to apply heightened scrutiny due to what she described as a significant conflict of interest involving the president and his family.
OCC Allows World Liberty Financial Bank Application to Move Forward Despite Warren's Objections
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