COO Blake Paulson will become Acting Comptroller of the Currency after Brooks' departure.
Read More »Otting Takes Charge as 31st Comptroller of the Currency
Sworn in Tuesday afternoon, the freshly minted Comptroller praised the importance of the OCC, but also indicated a move toward streamlined regulations and less red tape.
Read More »UPDATE: Revised Appraisal Requirements Announced for High-Priced Mortgage Loans
On Monday, the Consumer Financial Protection Bureau, Board of Governors of the Federal Reserve System, and Office of the Comptroller Currency announced that they were raising the threshold of loans exempt from special appraisal requirements for higher-priced mortgage loans (HPML).
Read More »Otting Poised to Tackle Dodd-Frank as Comptroller
A long-time ally of Treasury Secretary Steven Mnuchin, Otting will take the reins of the organization in charge of supervising and regulating all national banks.
Read More »Comptroller Introduces Proposals to Lower Regulatory Burden for Small Banks
Speaking at the sixth interagency outreach meeting on The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) of 1996, Comptroller of the Currency Thomas J. Curry outlined specific legislative proposals that have been introduced to reduce regulatory burden on smaller banks.
Read More »Banks Advised to be Cautious With Credit Risk to Avoid Another Financial Crisis
Banks need to take steps now to avoid emerging credit risk in today’s financial system in order to prevent another financial meltdown, according to Comptroller of the Currency Thomas Curry in a public address on Monday.
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