News Topic: Joseph Otting

A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month. ... Read full article

Whether it's the OCC's special-purpose charter, ILCs or some other option, observers see fintechs being able to obtain banking powers. ... Read full article

These heads of regulatory agencies and key members of Congress will determine the course of banking rules in the new year. ... Read full article

The White House has officially nominated Mark Calabria as the next director of the Federal Housing Finance Agency. ... Read full article

Before the financial crisis, federal and state regulators unabashedly pitched their charters to banks as the better choice. That's happening again, despite warnings that such jousting might result in lax oversight. ... Read full article

The Office of the Comptroller of the Currency advanced the ball last year by collecting public feedback on modernizing the law, but all three federal bank regulators will have to reach consensus on a formal proposal. ... Read full article

After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform. ... Read full article

Jonathan Gould, the committee's chief counsel, has been hired by the Office of the Comptroller of the Currency as senior deputy comptroller and chief counsel. ... Read full article

The process to confirm Mark Calabria as FHFA director could be lengthy, forcing the White House to consider how it will proceed with housing finance reform under Joseph Otting as acting head of the agency. ... Read full article

The White House said that Comptroller of the Currency Joseph Otting will serve as acting director of the Federal Housing Finance Agency beginning Jan. 6 after the end of the Director Mel Watt’s term. ... Read full article

More acquainted with the quick decision-making style of the banking world, the comptroller of the currency found a policymaking environment in D.C. that moves at a slower pace. ... Read full article

The agency's semiannual report on risks in the industry focused heavily on the high volume of commercial loans as well as banks' exposure to nonfinancial corporate debt, which is near a record share of GDP. ... Read full article

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments. ... Read full article

Jelena McWilliams is responding to concerns from Republican members of Congress that FDIC staffers are discouraging banks from doing business with certain industries. ... Read full article

In a speech in Japan, the comptroller of the currency urged overseas institutions to consider a “single regulatory framework” instead of applying to multiple states. ... Read full article

While they won’t be in position to enact legislation, House Democrats could use their newfound power to spotlight issues that Republicans have largely ignored, including the exploding levels of corporate debt. ... Read full article

The head of the agency developing the special-purpose federal license said the process is moving forward “independent” of legal challenges mounted by state regulators. ... Read full article

One of the biggest sticking points as regulators try to reform the Community Reinvestment Act is expanding the assessment footprint but ensuring banks continue to serve their direct communities. ... Read full article