Warren Presses OCC to Halt WLFI Bank Charter Review Until Trump Divests
On January 13, 2026 — six days after World Liberty Financial’s WLTC Holdings LLC subsidiary filed its OCC national trust bank charter application — Senate Banking Committee ranking member Elizabeth Warren sent a formal letter to Comptroller of the Currency Jonathan Gould demanding that the OCC halt review of the application until President Trump “divests from the company and eliminates all financial conflicts of interest involving himself, his family, or the company.”
The letter was timed to precede a Senate Banking Committee markup of crypto market-structure legislation that Warren said “fails to address Trump’s unprecedented conflicts of interest.” Warren set a January 20, 2026 deadline for a written commitment from the Comptroller.
Warren’s central argument: because Gould serves at the pleasure of the president, approving a charter for a company in which the president is the ultimate beneficial owner places the OCC itself “in an unprecedented conflict of interest” and allows the president to oversee his own financial company for the first time in U.S. history. The letter cited Trump’s 2025 OGE 278e disclosure showing DT Marks Defi LLC’s 75% ownership of WLF Holdco and $57 million in 2024 WLFI token-sales income.
See 2026-01-07–world-liberty-financial-occ-bank-charter-application and world-liberty-financial.
Sources & Citations
The Cascade Ledger. “Warren Presses OCC to Halt WLFI Bank Charter Review Until Trump Divests.” The Capture Cascade Timeline, January 13, 2026. https://capturecascade.org/event/2026-01-13--warren-presses-occ-halt-wlfi-bank-charter/