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Macro Finance

Trump's Family Seeking National Bank Charter

Bloomberg Markets·August 24, 2026·1 min read

Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. The goal is to expand the use of USD1, their dollar-backed stablecoin, World Liberty Financial said earlier this month after receiving conditional approval. Bloomberg News Financial Reporter Paige Smith has the details.

Read at Bloomberg Markets
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