PANews reported on February 20th that, according to CoinDesk, Democratic members of the U.S. House of Representatives pressured Treasury Secretary Scott BessentPANews reported on February 20th that, according to CoinDesk, Democratic members of the U.S. House of Representatives pressured Treasury Secretary Scott Bessent
Congressional Democrats pressure Treasury Secretary to review Trump-related crypto trust bank license applications.
PANews reported on February 20th that, according to CoinDesk, Democratic members of the U.S. House of Representatives pressured Treasury Secretary Scott Bessent to provide clarification on the Office of the Comptroller of the Currency's (OCC) review of World Liberty Financial's application for a trust banking license, which is linked to President Trump. If approved, the trust banking license would allow World Liberty Financial to provide related financial and crypto services under a regulated framework. The current progress of the review and the regulatory assessment standards have not yet been disclosed.
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