US EditionConflict of interest concerns cloud Trump firm's banking bid
6 Articles
6 Articles
World Liberty Financial, the Trump family’s main cryptocurrencies project, announced that one of its subsidiaries applied for a bank license, adding to a wave of such companies seeking wider access to traditional finance, noted The Wall Street Journal (WSJ). World Liberty Trust filed its application with the U.S. Currency Controller’s Office, a U.S. Treasury Department unit that licenses, regulates, and oversees banks. According to the U.S. dail…
Will Donald Trump set up a crypt bank? The family drives a new financial entity World Liberty Financial filed a formal request to operate as a national trust bank in the U.S. jreyes Vie, 09/01/2026 - 09:38 Donald Trump and his business environment have again shaken the U.S. financial board. This time, not with a rally or immigration policy, but with a silent but powerful move in the cryptic world: the creation of a national bank to back up its o…
Conflict of interest concerns cloud Trump firm's banking bid
Banking experts say World Liberty Trust's application for a national trust charter with a regulatory body directed by the White House creates inherent conflicts of interest, while the Office of the Comptroller of the Currency said the application will be considered on its merits.
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