World Liberty Financial, the Trump family’s crypto project, said Mack McCain has taken on a broader set of responsibilities across the organization and its affiliated entities. McCain, who had already been serving as the company’s general counsel, was elevated to chief legal officer and chief administrative officer of World Liberty Financial and all related entities. He will also serve as chief trust officer of World Liberty Trust Co., N.A., which is being formed.
According to the announcement, McCain has more than a decade of experience working across financial services, technology, and regulation. His prior roles include chief of staff to Robinhood’s chief legal, compliance and corporate affairs officer, associate general counsel for regulatory affairs at Robinhood, general counsel at Arta Finance, and senior legal positions at Charles Schwab and Scottrade.
WLFI said McCain will oversee legal strategy, corporate management, and governance across the wider World Liberty ecosystem. In his trust role, he will lead the development and operation of the trust and fiduciary governance framework for World Liberty Trust Company under the supervision of the Office of the Comptroller of the Currency. The company also said the OCC granted conditional preliminary approval to WLFI’s national trust charter application on Aug. 14.
World Liberty Financial (WLFI), the Trump family’s crypto project, said Mack McCain has been given an expanded mandate and promoted to chief legal officer and chief administrative officer of World Liberty Financial and all of its affiliated entities. He will also serve as chief trust officer of World Liberty Trust Co., N.A., which is currently being formed.
In its announcement, WLFI said McCain has more than a decade of experience at the intersection of financial services, technology, and regulation. Before joining the company, he served at Robinhood as chief of staff to the chief legal, compliance and corporate affairs officer and as associate general counsel for regulatory affairs. He was also general counsel at Arta Finance and held senior legal roles at Charles Schwab and Scottrade.
Broader remit across legal strategy and governance
WLFI said McCain’s expanded responsibilities will cover legal strategy, corporate management, and governance across the full World Liberty ecosystem.
As chief trust officer, he will also lead the development and operation of the trust and fiduciary governance framework for World Liberty Trust Company under the supervision of the Office of the Comptroller of the Currency (OCC).
OCC had already issued conditional preliminary approval
The announcement added that the OCC granted conditional preliminary approval to WLFI’s application for a national trust charter on Aug. 14.
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