WASHINGTON — Two influential Democratic senators' surprise objections to the Office of the Comptroller of the Currency's fintech charter is a sign that the initiative may be more politically fraught than the industry and agency expected.

In a letter to Comptroller Thomas Curry, Sens. Sherrod Brown, D-Ohio, and Jeff Merkley, D-Ore., attacked the proposed charter on multiple fronts, suggesting the agency didn't have the authority to offer such a charter while simultaneously claiming it could undermine financial stability.

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