In a Senate listening to, #ChrisVanHollen raised concerns about World Liberty Monetary, 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 go to. 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 occasions. The OCC official referenced their 131-page Licensing Manual for decision-making standards.
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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.
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