Joseph Otting

In reversal, FHFA defends constitutionality of its leadership structure


The agency had decided not to challenge a recent court ruling that its structure violates the separation of powers, but newly confirmed Director Mark Calabria now appears willing to the fight the case.


Banks, regulators can help themselves by helping young adults


Intern programs are just one example of an activity that should count for CRA credit and meet Dodd-Frank requirements, says Comptroller of the Currency Joseph Otting.


Google and PayPal explored OCC’s fintech charter, then walked away


Dozens of companies, including Google and PayPal, met with OCC officials last year in part to discuss obtaining a new fintech charter, but many ultimately decided not to pursue it, according to sources. Here's why.


Agencies are close to finishing Volcker Rule changes: FDIC's McWilliams


The head of the Federal Deposit Insurance Corp. previously had said regulators were weighing numerous options for addressing criticism of their 2018 proposal.


Agencies closer to joint polices on CRA, small-dollar loans: FDIC head


Jelena McWilliams said federal bank regulators could begin "within a week or so" to discuss a draft proposal for reforming the Community Reinvestment Act.


Another Fed contrarian considered for board; Deutsche’s AML glitch


Trump may nominate Judy Shelton, who prefers “market-determined rates”; a software glitch may have prevented flagging of suspicious transactions for a decade.


States could solve beneficial ownership issue: OCC's Otting


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.


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


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.


OCC monitoring Wells CEO search; CFPB enforcement chief to leave


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


Fintech charter delayed following court ruling: Otting


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.