Feb 26

TNB Letter of Appeal to Federal Reserve Bank

Category : Documents, Press

Appeal Regarding TNB USA Inc. Account Application Denial

Dear Chairman Powell and President Williams,

I write to express my disappointment, shared by my colleagues, regarding the decision to reject TNB USA
Inc.’s (TNB) account application and to request a reconsideration based on a factual assessment of our
TNB has patiently endured a six-and-a-half-year period during which the Federal Reserve analyzed its
account application….