Democratic Senators Question New OCC Chief About Trump’s Crypto Ventures, Stablecoin Rules

Democratic Senators Question New OCC Chief About Trump’s Crypto Ventures, Stablecoin Rules


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In a new letter, a trio of Senate Democrats has pressed the new head of the Office of the Comptroller of the Currency (OCC) about the US President’s crypto ventures and a potential conflict of interest related to the Trump family’s stablecoin, USD1.

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On Thursday, three Democratic senators sent a letter to newly confirmed Comptroller of the Currency Jonathan Gould following the recent signing into law of the highly anticipated stablecoin framework. Senators Elizabeth Warren, Chris Van Hollen, and Ron Wyden pressed the OCC’s chief regarding his stance on multiple crypto-related topics.

We request information on the steps you will take as Comptroller to ensure that

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