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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's Family Crypto Firm Is Expected to Get Federal Banking Privileges
https://www.notus.org/economy/trump-family-crypto-firm-federal-banking-charterPresident Donald Trumps family crypto business is expected to soon be allowed to operate like a bank a decision that would give U.S. companies a new route to steer money to the president.
World Liberty Financial, the stablecoin and trading platform co-founded by Trump and his three sons, applied for a national trust bank charter with the Office of the Comptroller of the Currency, or OCC, on Jan. 5. The Trump-appointed head of the OCC, Jonathan Gould, is due to announce his decision soon, and industry experts and congressional aides expect it to go in the Trump familys favor.
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Trump's Family Crypto Firm Is Expected to Get Federal Banking Privileges (Original Post)
kentuck
Wednesday
OP
pat_k
(14,473 posts)1. More staggering corruption.
Pinback
(13,698 posts)2. And Republicans ask, "How can I get in on this?" (nt)
kentuck
(115,975 posts)3. There is no bottom.
It is obvious.
yellow dahlia
(6,830 posts)4. Yikes! It's everywhere!
Hope22
(4,953 posts)5. They won't stop until they have every last dollar.....
This is a heist that must be stopped. Remember Project 2025 and killing FDIC ..
TommyT139
(2,485 posts)6. Yet another thing
...that must be nuked as soon as possible after the blood is rinsed off the walls.
(Metaphorically speaking....)
surfered
(14,964 posts)7. Please tell me accounts are not FDIC insured.
kentuck
(115,975 posts)8. That's the whole purpose....
I would think?
kwolf68
(8,461 posts)9. Meanwhile the mainstream media is on the job
Crickets. This is brazen and all we can do is sit here and watch.
sakabatou
(46,519 posts)10. A corrupt presidency being corrupt?!
*pretends to be shocked*