OC&C

Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC

Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
May 09, 2021  |  Regulation

U.S. Treasury Secretary Janet L. Yellen plans to name Michael J. Hsu the first deputy comptroller of the Office of the Comptroller of the Currency,...

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Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto
Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick...
January 21, 2021  |  News

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is...

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Biden Expected To Name Professor Michael Barr To Head OCC
Biden Expected To Name Professor Michael Barr To Head OCC
January 21, 2021  |  Personnel

Former Ripple advisor and Treasury Department official Michael Barr is anticipated to head the Office of the Comptroller of the Currency (OCC) under President Joe...

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Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over ‘True Lender’ Regulation
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for...

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OCC Ruling May Set Stage For Stablecoins’ Tipping Point
OCC Ruling May Set Stage For Stablecoins’ Tipping Point
January 06, 2021  |  Cryptocurrency

The regulatory path to bringing stablecoins to commercial, traditional banking activities is getting clearer. And as a result, we may see these coins – defined...

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Several US States Sue Banking Regulator Over ‘True Lender’ Rule
Several US States Sue Banking Regulator Over ‘True Lender’ Rule
January 06, 2021  |  Loans

Washington D.C. joined seven states in suing a bank regulator over a rule they fear could encourage predatory lending by stopping them from leveling state...

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US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
January 05, 2021  |  Banking

The U.S. Office of the Comptroller of Currency has stated that national banks and federal savings associations can participate in independent node verification networks (INVNs)...

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OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
December 04, 2020  |  Bitcoin

New U.S. regulations for bitcoin and other cryptocurrencies are being developed and will be rolled out within six to eight weeks, Brian Brooks, acting comptroller...

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