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Comptroller Curry Named FFIEC Chairman

The ""Office of the Comptroller of the Currency"":http://www.occ.treas.gov/index.html (OCC) announced that Comptroller Thomas J. Curry has been named chairman of the ""Federal Financial Institutions Examination Council"":http://www.ffiec.gov/default.htm (FFIEC) for a two-year term.

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Curry is the 21st FFIEC chairman, and his appointment marks the fifth time the OCC has led the council. He succeeds Debbie Matz, chairman of the National Credit Union Administration (NCUA).

""It's truly an honor to be named to the Chair of the FFIEC,"" Curry said. ""I want to express my appreciation to Chairwoman Matz for her service to the FFIEC over the last two extraordinary years in our industry. As the FFIEC looks to the future, I will continue to work with my colleagues to help ensure uniform examinations and standards that balance the financing needs of families, communities, and businesses while preserving the safety and soundness of the banking system.""

FFIEC also named a new vice chairman for the next two-year term: Daniel K. Tarullo, member of the ""Board of Governors of the Federal Reserve System"":http://federalreserve.gov/.

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