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Trump-backed World Liberty Financial nears OCC approval for federal trust charter: report
Trump-backed crypto project World Liberty Financial is expected to soon receive approval to operate as a national trust bank, amid concerns over potential conflicts of interest involving the U.S. president. According to a Tuesday report from NOTUS, the Office of the Comptroller of the Currency's Jonathan Gould is set to announce his decision on World Liberty Financial's application shortly. Two anonymous former staffers at the OCC told the news outlet that the approval is nearly guaranteed, with one source saying that a rejection of the application was "inconceivable." In January, World Liberty Financial ... (full story)
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