Comptroller says only Democrats pressuring over crypto trust charter
US Comptroller of the Currency Jonathan Gould and New York Representative Gregory Meeks sparred over Donald Trump’s influence on regulators he has nominated as president at a Thursday oversight hearing.
Jonathan Gould, the Comptroller of the Currency (OCC) nominated by Donald Trump, implied that the US president had not ordered him to approve or give special consideration to a national trust charter application tied to his family’s financial interests.
In a Thursday hearing of the House Financial Service Committee on “oversight of prudential regulators,” New York Representative Gregory Meeks questioned Gould on the Trump family crypto company World Liberty Financial’s connections to foreign governments and the Binance exchange. The company, whose co-founders include Trump and his sons, applied for an OCC charter in January, prompting backlash from many Democratic lawmakers alleging conflicts of interest.
Representative Gregory Meeks at a Thursday hearing.
Source: House Financial Services Committee