Introduction The Office of the Comptroller of the Currency defended its review process for World Liberty Financial’s bid for a national trust bank charter, rejecting a call from Senator Elizabeth Warren to pause the review while the President divests his stake in the crypto platform. Officials said the assessment will proceed under established regulatory standards and will not be swayed by political or personal ties. The stance underscores ongoing regulatory scrutiny of crypto-enabled banking as World Liberty Financial seeks to broaden its operations, including the planned in-house management of a USD1 stablecoin. Key Takeaways The OCC will conduct a rigorous, apolitical review of World Liberty Financial’s national bank charter application under existing standards. The agency rejected Warren’s demand to delay the review, emphasizing the duty to maintain a nonpartisan process. World Liberty Financial aims to expand crypto operations and issue, custody, and convert its USD1 stablecoin i...