Michael J. Hsu will become acting Comptroller of the Currency May 10, the Treasury Department said Friday following a designation by Secretary Janet Yellen. The Treasury said current Acting Comptroller Blake Paulson – who has […]
The exit by Friday of Joseph Otting from his office as comptroller of the currency will mark a number of milestones, including: His tenure of 29 months as leader of the Office of the Comptroller […]
Community Reinvestment Act (CRA) ratings of “satisfactory” for financial institutions evaluated by the Office of the Comptroller of the Currency (OCC) have dominated the evaluations issued by the federal regulator of national banks and federal […]
A new law intended to provide regulatory relief to banks and some other financial institutions, as well as the stable of new regulators now in place to implement that law, received a thumb’s up from […]
Speaking as the “First Deputy Comptroller of the Currency,” and on his last day of “government service,” former Acting Comptroller of the Currency Keith Noreika said bank holding companies may have outlived their purpose. Addressing […]
A half dozen Democratic senators – including Banking Committee Ranking Member Sherrod Brown (Ohio) – want the acting comptroller of the currency to be investigated for illegally overstaying his term at the helm of the […]
With the approaching confirmation of a new comptroller of the currency, the national banking regulator’s chief counsel has announced her retirement, effective Nov. 11. Amy Friend, senior deputy comptroller and chief counsel at the Office […]
A decision has not yet been made about whether to offer special purpose national bank charters to non-depository “fintech” companies in the business of banking, the acting comptroller of the currency told a Washington audience […]
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