WLFI Preparing to Establish Trust Company, Chief Legal Officer Mack McCain to Also Serve as Chief Trust Officer

Foresight News reports that the Trump family crypto project World Liberty Financial (WLFI) has announced an expanded role for Mack McCain, who previously served as the company’s General Counsel. McCain has been promoted to Chief Legal Officer and Chief Administrative Officer for World Liberty Financial and all its affiliated entities, and will also serve as Chief Trust Officer for World Liberty Trust Co., N.A. (currently under formation). The announcement highlights that Mack McCain has over a decade of experience in the intersection of financial services, technology, and regulation. He previously served as Chief Legal, Compliance, and Corporate Affairs Officer’s Chief of Staff and Deputy General Counsel for Regulatory Affairs at Robinhood, as General Counsel at Arta Finance, and held senior legal positions at Charles Schwab and Scottrade. In his expanded role, McCain will oversee the legal strategy, corporate management, and governance for the entire World Liberty ecosystem. As Chief Trust Officer, he will lead the development and operation of the trust and fiduciary governance framework for World Liberty Trust Company under the supervision of the OCC (Office of the Comptroller of the Currency). Previously, on August 14, the OCC granted conditional preliminary approval for WLFI’s application for a national trust charter.