"The request for a probe was made as World Liberty Financial is seeking a national bank charter, a distinction reviewed and issued by the Office of the Comptroller of the Currency, an independent arm of the Treasury Department that regulates banks. World Liberty Financial held a day-long forum Wednesday at Mar-a-Lago where presidential sons Don Jr. and Eric Trump touted the family’s stablecoin and called traditional banking a “Ponzi scheme.” Meeks at the hearing asked Bessent to commit to pause any pending applications from World Liberty Financial before the OCC and to complete an investigation into the “conflicts of interest and foreign influence.” “The OCC is an independent entity,” Bessent said then, over the shouts of Meeks, without addressing the topic further."

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