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Elizabeth Warren Seeks OCC Delay on WLFI Bank Charter Over Trump Ties

Elizabeth Warren Seeks OCC Delay on WLFI Bank Charter Over Trump Ties

Author:

Global Cryptocurrency

Published:

2026-01-14 09:31:02

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BTCCSquare news:

Senator Elizabeth Warren has demanded the Office of the Comptroller of the Currency pause its review of World Liberty Financial's bank charter application until former President Donald TRUMP severs financial ties to the crypto firm. The move comes as WLFI's stablecoin operations and Trump family involvement raise ethical concerns about regulatory oversight.

The OCC faces a January 20 deadline to respond to Warren's request, which coincides with new charter rules taking effect January 18. This confrontation highlights growing tensions between political influence and cryptocurrency regulation at the national level.

WLFI's bid for a national bank charter represents a critical test case for crypto firms seeking traditional financial legitimacy. Approval could establish precedent for presidential financial interests intersecting with regulated digital asset operations.

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