OCC to proceed with World Liberty Financial bank charter despite senator's call

The U.S. Office of the Comptroller of the Currency (OCC) has rejected a call from Senator Elizabeth Warren to launch a special investigation into the bank chartering process for World Liberty Financial (WLFI), CoinDesk reported. Warren, a prominent critic of cryptocurrency, had previously urged the agency to halt the process until President Trump divests his stake in the company. The OCC stated that it will decide on the charter application based on its standard procedures.