{"id":5917,"date":"2026-08-15T07:34:08","date_gmt":"2026-08-15T07:34:08","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/08\/15\/trump-family-backed-crypto-firm-world-liberty-secures-conditional-federal-bank-charter-approval\/"},"modified":"2026-08-15T07:34:08","modified_gmt":"2026-08-15T07:34:08","slug":"trump-family-backed-crypto-firm-world-liberty-secures-conditional-federal-bank-charter-approval","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/08\/15\/trump-family-backed-crypto-firm-world-liberty-secures-conditional-federal-bank-charter-approval\/","title":{"rendered":"Trump Family-Backed Crypto Firm World Liberty Secures Conditional Federal Bank Charter Approval"},"content":{"rendered":"<p>The Office of the Comptroller of the Currency (OCC) has granted conditional approval for a national trust bank charter to World Liberty Trust Co., a firm linked to World Liberty Financial, which is reportedly 38% owned by an entity connected to the Trump family. This approval could allow the company to bring its stablecoin services in-house, a move that has drawn criticism from some Democrats due to potential conflicts of interest.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/media.bloomberg.com\/v2\/image\/iK1v_t0m2s8s\/cx99\" alt=\"Zach Witkoff, co-founder and CEO of World Liberty Financial and chairman of Alt5 Sigma Corp., right, and Eric Trump at the Nasdaq MarketSite in New York, Aug. 13, 2025.\"><\/p>\n<p>Senator Elizabeth Warren has strongly condemned the decision, calling it an act of self-dealing and vowing to introduce legislation to prevent such situations. The OCC has stated that applications are reviewed by career staff, and the charter is conditional upon World Liberty completing further requirements, including capital raising.<\/p>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2026\/01\/01\/trump-family-backed-crypto-firm-world-liberty-gets-conditional-bank-charter-approval.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Office of the Comptroller of the Currency (OCC) has granted conditional approval for a national trust bank charter to World Liberty Trust Co., a firm linked to World Liberty Financial, which is reportedly 38% owned by an entity connected to the Trump family. This approval could allow the company to bring its stablecoin services [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.bloomberg.com\/v2\/image\/iK1v_t0m2s8s\/cx99","fifu_image_alt":"","footnotes":""},"categories":[28,31],"tags":[],"class_list":["post-5917","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-technology","rifnote_executive-donald-trump","rifnote_executive-elizabeth-warren","rifnote_executive-zach-witkoff"],"fifu_image_url":"https:\/\/media.bloomberg.com\/v2\/image\/iK1v_t0m2s8s\/cx99","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/5917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=5917"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/5917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/5918"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=5917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=5917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=5917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}