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Bloomberg

Trump's Family Seeking National Bank Charter

Monday, August 24, 2026


Donald Trump's family received conditional approval from federal regulators to establish a national bank, according to World Liberty Financial, the company managing their USD1 stablecoin. The bank charter would allow expanded use of the dollar-backed cryptocurrency. World Liberty Financial announced the preliminary approval earlier this month. Bloomberg reported the development on an unspecified date in 2026.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-24/trump-s-family-seeking-national-bank-charter-video

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