The OCC head denies showing favoritism toward Trump, but shifting the blame to the Democratic Party is a move they’re very familiar with—so who actually gets the final say when it comes to making regulation political?

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CryptoWorld News: Jonathan Gould, head of the U.S. Office of the Comptroller of the Currency, denied showing favoritism toward Trump in the approval of World Liberty Financial’s bank license during a congressional hearing, saying that the only political pressure comes from the Democratic Party. The hearing also discussed the Genius Act stablecoin proposal, with the head of the Federal Deposit Insurance Corporation saying that a new stablecoin proposal involving customer identity verification will be introduced.
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