Key facts
- Comptroller Jonathan Gould stated only Democrats have pressured him regarding a crypto trust charter application.
- The application is for World Liberty Financial (WLFI), a crypto company linked to the Trump family.
- Representative Gregory Meeks questioned Gould about potential conflicts of interest and foreign government connections.
- WLFI applied for an OCC charter in January, drawing criticism from Democratic lawmakers.
- Gould implied President Trump did not order him to approve the application or give it special consideration.
During a House Financial Services Committee hearing, Comptroller of the Currency Jonathan Gould stated that only Democratic lawmakers have pressured him regarding a national trust charter application for World Liberty Financial (WLFI). WLFI is a crypto company associated with the Trump family. Representative Gregory Meeks questioned Gould about potential conflicts of interest and the company's alleged connections to foreign governments and the Binance exchange. Gould, nominated by President Trump, implied that the president had not directed him to approve the application or grant it special consideration. The application, submitted in January, has faced backlash from several Democratic lawmakers who have raised concerns about potential conflicts of interest.