bankcharter

Forty-one House Democrats sent a formal letter to Treasury Secretary Scott Bessent demanding an investigation into World Liberty Financial's national trust bank charter application, citing the $500 million stake held by UAE royal Sheikh Tahnoon bin Zayed Al Nahyan—known as the "spy sheikh."

The letter, led by Rep. Gregory Meeks, argues that WLFI's charter bid creates systemic risk because digital-asset trust structures lack tested liquidity and resolution frameworks. It also raises national security concerns: a foreign government-linked investor holding major equity in a company controlled by the president's family while Trump conducts foreign policy with that country.

Bessent refused to pause the OCC review during contentious testimony earlier this month. The letter demands answers by Feb 26 on safeguards preventing foreign leverage over U.S. financial infrastructure and what role the White House plays in OCC chartering decisions.

#WLFI #Treasury #BankCharter #UAE #NationalSecurity $WLFI $USD1

🚨 BREAKING: U.S. REGULATORS BLOCK ELIZABETH WARREN'S MOVE TO PAUSE REVIEW OF WORLD LIBERTY FINANCIAL’S BANK CHARTER 🚫

OCC SAYS PROCESS WILL REMAIN "APOLITICAL AND NONPARTISAN" 🔥

#ElizabethWarren #Trump #WorldLibertyFinancial #OCC #BankCharter