Eric Trump, World Liberty co-founder, calls banks ‘anti-American’ over stablecoin fight
Eric Trump, one of many sons of U.S. President Donald Trump and a co-founder of crypto agency World Liberty Monetary,...
Donald Trump Jr. on Wednesday called traditional banking a “Ponzi scheme” that effectively forced the Trump family to start its crypto venture World Liberty Financial after banks closed the family company’s accounts in early 2021. Read more: cnb.cx/4aVWDF0
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#ChrisVanHollen questions the ethics of #EricTrump’s World Liberty Financial, highlighting a $2 billion UAE investment and potential influence on U.S. policy. The OCC’s decision on the company’s bank charter is under scrutiny. #Crypto #Politics In a Senate hearing, #ChrisVanHollen raised concerns about World Liberty Financial, a Trump family crypto company. He noted a $500 million investment from UAE’s Sheikh Tahun before the 2017 inauguration, followed by a $2 billion boost after #EricTrump’s UAE visit. This coincided with the lifting of U.S. restrictions on high-end AI chip transfers to the UAE. The OCC’s decision on their bank charter could be influenced by these events. The OCC official referenced their 131-page Licensing Manual for decision-making criteria. — This is unprecedented. A company owned by the President’s family, is seeking approvals from a federal agency over which the President has total control — including to hire & fire the people granting approvals. The company, the deal, the entire process is corrupt to the core. Follow @chrisvanhollen for more. Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson
#ChrisVanHollen questions the ethics of #EricTrump's World Liberty Monetary, highlighting a $2 billion UAE investment and potential influence on U.S....
