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Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging

Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging
NYT Business Wednesday 27 May 2026, 09:02 UTC By Stacy Cowley 1 min read
Key Points

Paul Gu, the chief executive of Upstart, an online lender seeking a bank charter. “It was just a natural next step for us,” Mr.

Paul Gu, the chief executive of Upstart, an online lender seeking a bank charter. “It was just a natural next step for us,” Mr. Gu said.
Mr Gu (PERSON)
Originally published by NYT Business Read original →

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