Svmuu News: U.S. Senator Elizabeth Warren and Office of the Comptroller of the Currency (OCC) Superintendent Jonathan Gould engaged in a heated debate during a Senate Banking Committee hearing regarding World Liberty Financial’s (WLFI) application for a national trust bank charter.Warren called the application “the most egregious” presidential corruption scandal, pointing out that an investment firm linked to UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan invested $500 million in WLFI four days before Donald Trump took office, acquiring a 49% stake,with approximately $187 million of that flowing to entities owned by the family of Donald Trump. Warren urged Gould to reject or suspend review of the application, stating that approval would make him an “accomplice to corruption.”Gould refused to intervene, stating that he would process the application according to standard procedures, and countered that the only political pressure he felt came from Warren. Forty-one House Democrats had previously written to the Treasury Secretary, warning that approving the license could threaten “the legitimacy of the U.S. banking system and its independence from foreign actors.” (Decrypt)