Techub News reports that more than 40 Democratic members of the U.S. House of Representatives jointly sent a letter to Treasury Secretary Scott Bessent on February 19, demanding an investigation into the application by Trump family-owned cryptocurrency company World Liberty Financial (WLFI) for a federal banking license. The lawmakers stated that the application involves potential conflicts of interest and national security risks. Currently, WLFI is applying to the Office of the Comptroller of the Currency (OCC) for a national bank charter. The Democratic members called for a suspension of the review process and asked for clarification on whether the White House and the Treasury Department are involved in the licensing approval process, requesting a written response by February 26.