The head of the U.S. OCC stated that the Democratic Party was the sole source of political pressure on World Liberty's banking license approval.

CoinFeed reported on June 5th that, according to CoinDesk, Jonathan Gould, Comptroller of the Currency (OCC), stated during a congressional hearing in response to questioning from Democratic lawmakers that he did not act according to Trump's wishes, and that the Democrats were the only group exerting political pressure on his agency. Democrats believe that World Liberty Financial, partly owned by the Trump family, is unsuitable for a banking license due to its connections with foreign investors and crypto partners like Binance, which have a history of misconduct. The hearing also discussed the progress of the GENIUS Act. FDIC Chairman Travis Hill stated that rules requiring stablecoin issuers to establish customer due diligence programs will be introduced soon.