Trump family's World Liberty Financial granted bank status
First publishedAug 17, 12:29 UTC
Last updatedAug 17, 13:56 UTC · 10m ago
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Answer
World Liberty Financial, a crypto business, was granted conditional bank status by a Trump-appointed regulator.
Reported by 1 outlet — CBS Politics. See all sources ↓
World Liberty Financial is a crypto business. It was started by the Trump family's sons and Steve Witkoff's sons. A Trump-appointed bank regulator gave it permission to become a bank.
Why it matters
This news is important because it affects the financial industry and the Trump family's business.
In brief
- Who started World Liberty Financial?
- The Trump family's sons and Steve Witkoff's sons.
- Who gave World Liberty Financial permission to become a bank?
- A Trump-appointed bank regulator.
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The Trump family's involvement in the business
Sources1TypeAngleCBS PoliticsReports on Trump-appointed regulator
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