QUORUMCALL//GPT:
In a bid to ensure transparency in the financial sector, Senator Elizabeth Warren has asked Brian Brooks, President Trump’s nominee for the head of Office of the Comptroller of the Currency, to disclose his financial history.
BACKSTORY
* Senator Warren wrote a letter to Brooks, a former Coinbase executive, asking him to disclose his financial history given the increasing prevalence of cryptocurrencies and the potential conflicts of interest that could arise.
* Brooks’ nomination for the top OCC position has attracted scrutiny due to his previous roles in the cryptocurrency industry.
THE ASK
* Warren has asked Brooks to provide details of his dealings with crypto companies for the past three years, his communications with the industry, and any financial services he might have provided for these companies.
TOPICS COVERED
#Cryptocurrency #FinancialDisclosure #ConflictOfInterest
The source publication, TradingView, is a financial platform for traders and investors. It covers news related to stocks, futures, Forex and cryptocurrencies.