The OCC's decision to grant World Liberty Trust Co. a conditional bank charter is the most brazen act of financial self-dealing this country has ever seen, and you need to act now to stop it. A Trump-appointed regulator just handed the sitting president's family business the ability to issue its own stablecoin currency, cutting out third parties and funneling profits directly to a family that has already pocketed over $1.4 billion from crypto ventures. This is not a gray area.
The conflicts of interest are staggering. A $2 billion investment from Abu Dhabi's state-backed MGX was followed by the Trump administration approving AI chip sales to the UAE over prior national security objections. The president controls the OCC as an executive branch office while his family profits from its decisions. Calling assets held in a trust "managed by his children" a blind trust is an insult to anyone paying attention.
Support Sen. Warren's legislation to block this charter and demand a full congressional investigation into the OCC approval process. The American people deserve a president who isn't running a financial empire out of the Oval Office.
First sent on August 16 by Progressive Action
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