Omarova Withdraws OCC Nomination
Omarova Withdraws OCC Nomination More than two months after President Biden nominated Cornell University law professor Saule Omarova to lead the Office of the Comptroller of the Currency (OCC), Omarova withdrew her nomination this week after facing resistance from...
Chopra Announces Enhanced Supervisory and Enforcement Scrutiny of Banks Heavily Dependent on Overdraft Fees
Chopra Announces Enhanced Supervisory and Enforcement Scrutiny of Banks Heavily Dependent on Overdraft Fees In an effort to eradicate what he sees as illegal overdraft fee practices, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB), recently...
Federal Agencies Approve Cyberattack Rules for US Banking System
Federal Agencies Approve Cyberattack Rules for US Banking System Last month, the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors, and the Federal Deposit Insurance Corp. (FDIC) approved a final rule on how information about...
