Steve and Zach Witkoff are seeking a national trust bank charter from the OCC, amid corruption criticism and ties to the Middle East.
16 reports, 2 independent
Updated Aug 26
Gone quiet
Reached 5 outlets in its first 24 hours
- Reports
- 16
- Developments
- 2
- Repetition
- 88%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Steve and Zach Witkoff are seeking a national trust bank charter from the OCC, amid corruption criticism and ties to the Middle East.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.OCC granted conditional charter approval to World Liberty Financial, naming Zach Witkoff as chairman.1 source
Witkoffs apply for OCC charter, facing corruption claims and linking to Middle East ties.1 source
Keep exploring
The entities involved
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Steve Witkoff
American businessman and diplomat (born 1957)
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Zach Witkoff
American businessman
Nothing else this week.
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Office of the Comptroller of the Currency
American federal government organization
- The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Federal Reserve System are refocusing their joint supervision on material financial risk.
- The Federal Reserve is joining forces with the National Credit Union Administration and the Office of the Comptroller of the Currency to push stablecoin identification standards.
Related events
- BLOCK applied to the OCC for a national trust bank charter to allow custody of Bitcoin and stablecoins.
- The Office of the Comptroller of the Currency is actively involved in the regulatory landscape of crypto firms, challenging and granting national trust bank charters for crypto activities.
- The OCC supervises BitGo's custody functions, and Donald Trump appoints Jonathan Gould to a role within the OCC.
- Ripple is seeking conditional federal charter approval from the Office of the Comptroller of the Currency.
- Wise Group plc listed on Nasdaq via Form 20-F filing and applied for a national trust bank charter.