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Comptroller confirms only Democrats pressuring over crypto trust charter

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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.

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Summary

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.

Meeks and Gould talked over each other at the hearing, with the New York lawmaker accusing the OCC head of being “Trump’s fixer,” signaling his belief that World Liberty’s application would be approved.

Read full article at Cointelegraph →

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