The guardrails continue to fall. It is functionally impossible to regulate a bank owned by the president. Yet it can imperil the entire banking system if it runs off the rails.
For heaven's sake, this has to be stopped.
President Donald Trump’s family crypto business is expected to soon be allowed to operate like a bank — a decision that would give U.S. companies a new route to steer money to the president.
www.notus.org/economy/trum...
Diana B. Henriques
Trump-appointed bank regulators’ crypto-friendly approach is likely to extend to World Liberty Financial, despite ethics concerns.
