In a dramatic exchange during the House Financial Services Committee hearing on February 4, 2026, Rep. Gregory Meeks (D-NY) aggressively questioned Treasury Secretary Scott Bessent on whether he would commit to pausing and heightening scrutiny of Office of the Comptroller of the Currency (OCC) bank charter or licensing applications tied to World Liberty Financial, a cryptocurrency firm.
Bessent declined to answer the inflammatory question, emphasizing the OCC’s independence, prompting Meeks to erupt, accusing him of “covering for the president” and being a “flunky,” while demanding he “work for the American people, not for a mob.” Bessent countered by referencing Meeks’ past trips to Venezuela.
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