Joseph Otting

States could solve beneficial ownership issue: OCC's Otting

05/20/19

Banks would be better able to comply with anti-money-laundering laws if all 50 states collected information on the owners of new corporations and published it in a national database, Comptroller Joseph Otting said Monday.

[more]

‘We were willing to shock historical norms’: Otting on OCC’s makeover

05/19/19

The comptroller, now a year and a half on the job, discusses his attempts to revamp the supervision process for national banks and make the agency run more efficiently.

[more]

OCC monitoring Wells CEO search; CFPB enforcement chief to leave

05/16/19

Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.

[more]

Fintech charter delayed following court ruling: Otting

05/15/19

A recent court decision allowing New York’s financial regulator to proceed in a case meant to block the Office of the Comptroller of the Currency from offering fintechs a new federal banking charter is having a chilling effect on potential applicants.

[more]

Brown to regulators: Be ready to discuss leveraged loans at hearing

05/13/19

The ranking Democrat on the Senate Banking Committee says he wants answers from the Financial Stability Oversight Council on efforts to address corporate debt risks.

[more]

N.Y. regulator’s suit to stop fintech charter gets green light

05/02/19

The Office of the Comptroller of the Currency had sought to dismiss the case, but a court ruling suggested that the state regulator’s claim may have merit.

[more]

OCC seeks comment on fintech pilot program

04/30/19

The proposed program would allow companies to test innovative products that “present significant opportunities or benefits” for consumers, businesses and other financial institutions.

[more]

OCC should speak up on Wells Fargo's exec changes: Warren

04/17/19

The Massachusetts Democrat said the agency could have used existing statutory authority to object to the bank’s appointment of now-departed CEO Tim Sloan.

[more]

Mark Calabria sworn in as FHFA director

04/15/19

The new head of the agency regulating Fannie Mae and Freddie Mac will be at the forefront of reforming the housing finance system.

[more]

Agencies near consensus on key elements of CRA reform

04/09/19

Senior officials at the OCC, FDIC and Fed signaled they agree more than they disagree on a plan to modernize the Community Reinvestment Act.

[more]