‘Brazen act of self-dealing.’ Lawmakers, watchdogs alarmed after Trump regulators let Trump firm start a bank

By Matt Egan, CNN New York (CNN) — Regulators appointed by President Donald Trump are allowing the Trump family’s flagship cryptocurrency venture to become a bank, a move that is alarming ethics watchdogs and some lawmakers. World Liberty Financial, a crypto firm Trump and his sons launched in 2024, announced late Friday that it received