OCC

System can withstand threat posed by leveraged lending: Powell

05/20/19

Although higher corporate debt could hurt the economy, Federal Reserve Chair Jerome Powell argued changes made since the last crisis will guard against a meltdown.

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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.

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‘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.

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'Absolutely devastating’ to small lenders: Lawmakers lay into CECL

05/16/19

Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.

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Gap between Democrats, GOP on bank regulation wide as ever

05/15/19

As evidenced by a Senate hearing, Republican and Democratic lawmakers still live in alternative universes when it comes to financial regulatory policy.

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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.

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On climate risk, U.S. regulators at odds with global counterparts

05/08/19

A sharp disagreement between foreign and U.S. regulators is emerging on how far banking supervisors should go in asking financial institutions to stress test their loan and investment portfolios for any risks associated with climate change.

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Wells Fargo creates unit to satisfy regulatory demands

05/08/19

It is designed exclusively to address concerns of regulators who have complained about the bank's lack of progress in recovering from a series of scandals.

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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.

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OCC official provides more detail on financial innovation pilot

05/02/19

The head of the agency's innovation office said the program will be available only to OCC-regulated institutions.

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