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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]
She was the nominee for comptroller of the currency before her nomination was withdrawn at her request on December 7, 2021. [3] [4] Omarova is the Beth and Marc Goldberg Professor of Law at Cornell Law School, where her work focuses on financial regulation and corporate governance. [5]
Below is a list of nominations and appointments to the Department of the Treasury by Joe Biden, the 46th president of the United States. As of June 28, 2024, according to tracking by The Washington Post and Partnership for Public Service, 13 nominees have been confirmed, 5 nominees are being considered by the Senate, 7 positions do not have nominees, and 12 appointments have been made to ...
The title of comptroller is held by various government officials. The Comptroller General is the director of the Government Accountability Office (GAO), an agency founded in 1921 (as General Accounting Office) to ensure the accountability of the federal government. Banks are supervised by the Office of the Comptroller of the Currency, an ...
Advisers have asked the nominees under consideration for the FDIC, as well as the Office of the Comptroller of the Currency, if deposit insurance could be absorbed into the Treasury Department ...
Robert L. Clarke (born June 29, 1942) was Comptroller of the Currency of the United States [1] from 1985-1992. He was born in Tulsa, Oklahoma. [2] Clarke, a Texas banking attorney at Bracewell LLP, was nominated by President Ronald Reagan and confirmed by the U.S. Senate. His tenure coincided with an era of extraordinary turbulence in financial ...
The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. The division of the responsibilities of a central bank into several separate and independent parts, some private and some public, results in a structure that is considered unique among central banks.
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]