Senator Warren Plans Probe of World Liberty Financial Bank Charter Approval

Cointime reports: US Senator Elizabeth Warren plans to investigate the Office of the Comptroller of the Currency’s conditional approval in August of a bank charter for Trump-backed World Liberty Financial, along with the administration’s dismissal of financial institution staff and efforts to shut down the Consumer Financial Protection Bureau. Warren also plans to make Nvidia CEO Jensen Huang a focus of oversight and to work with Republican lawmakers to restrict advanced AI chip exports. The items are planned oversight agenda, not formal decisions.