Warren Challenges OCC Over Trump-Linked Crypto Charter Application

Senator Elizabeth Warren has challenged the Office of the Comptroller of the Currency (OCC) over transparency issues related to a bank charter application linked to former President Donald Trump's cryptocurrency business.

The application, submitted by World Liberty Financial, has raised concerns about foreign ownership, national security vulnerabilities, and potential conflicts of interest. Warren has accused the OCC of failing to properly vet the application and has demanded unredacted documents to investigate these concerns.

The OCC has defended its handling of the application, stating that it will undergo standard procedural review and that every applicant receives identical treatment.