Morning Edition · Friday, August 28, 2026Published at 1:39 AM EDT · New York
The venture holding company received preliminary conditional approval for a federal bank charter while Washington weighs the United Arab Emirates' access to advanced American artificial-intelligence chips.

An entity backed by Sheikh Tahnoon bin Zayed al Nahyan, the national security adviser of the United Arab Emirates and the manager of its largest sovereign wealth fund, holds a 49 percent stake in the holding company for the bank the Trump f…
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