WASHINGTON, Feb. 26 -- Sen. Ruben Gallego issued the following press release:
Today, during a Senate Banking, Housing, and Urban Affairs Committee hearing, Senator Ruben Gallego (D-AZ) pressed senior banking regulators on how they vet bank charter applicants, including Trump family venture World Liberty Financial, questioned whether political connections influence the process, and why the National Credit Union Agency (NCUA) rolled back overdraft fee transparency.
On Bank Charter Vetting and Background Checks
Gallego questioned Comptroller of the Currency Jonathan Gould on whether background checks are conducted on senior officials, including parent company executives when reviewing bank charter applications, highlighting the Trump family...