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The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and federal thrift institutions and the federally licensed branches and agencies of foreign banks in the United States. [2]
William B. Ridgely attended Rensselaer Polytechnic Institute, where he was a member of the Chi Phi fraternity. Upon his graduation from RPI in 1881, Ridgely engaged in mining, manufacturing, and banking in Illinois before President Theodore Roosevelt named him Comptroller in 1901. [1]
Pages in category "United States comptrollers of the currency" The following 37 pages are in this category, out of 37 total. This list may not reflect recent changes .
Secretary of the Treasury Janet Yellen designated Hsu as First Deputy Comptroller on May 10, 2021, making him the Acting Comptroller of the Currency. [1] On November 23, 2021, he announced that banks would not be allowed to provide certain cryptocurrency services unless they met several regulations.
Trump would have the power to immediately replace Acting Comptroller of the Currency Michael Hsu, the national bank regulator, with another acting comptroller. That person could run the agency ...
The Comptroller of the Currency is the administrator of the federal banking system and chief officer of the Office of the Comptroller of the Currency (OCC). The OCC supervises nearly 1,400 national banks, federal savings associations, and federal branches and agencies of foreign banks operating in the United States.
Brian P. Brooks (born 1969) is an American lawyer, banker, entrepreneur, [1] technologist, and former government official. He served as Acting Comptroller of the Currency from May 29, 2020, succeeding the 31st Comptroller of the Currency Joseph Otting, [2] until January 14, 2021. [3]
In the modern usage since the 1860s, the term national bank has taken a precise meaning: a banking institution chartered and supervised by the Office of the Comptroller of the Currency ("OCC"), an agency in the U.S. Treasury Department, pursuant to the National Bank Act.