Trump's Family Seeking National Bank Charter

Trump's Family Seeking National Bank Charter

Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. For the president’s family, the goal is to expand the use of USD1, their dollar-backed stablecoin, World Libert...

Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. For the president’s family, the goal is to expand the use of USD1, their dollar-backed stablecoin, World Liberty Financial said earlier this month after receiving conditional approval. Bloomberg News Financial Reporter Paige Smith has the details of the move for today's Big Take. (Source: Bloomberg)
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