📰 Comptroller Hsu News
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June 1, 2023
On May 25, the Office of the Comptroller of the Currency (OCC) announced that it has revised its manual on bank enforcement actions to specifically address banks that exhibit or fail to...
May 23, 2023
At The Cities for Financial Empowerment Funds 2023 Bank On National Conference, FDIC Chairman Gruenberg and OCC Acting Comptroller Hsu deliver ke...
May 20, 2023
Vice Chair Barr and Chair Gruenberg’s testimony and appearances generally stuck close to the scripts of their respective post-mortem reports on the SVB and Signature failures.
May 19, 2023
This week, the Senate Banking Committee and the House Financial Services Committee held multiple hearings on bank failures that have occurred this year, with each committee holding a...
May 16, 2023
Nominating and confirming acting Comptroller Michael Hsu would solve a serious problem in a good way.
April 3, 2023
President Recommends Regulatory Reforms to Address Recent Bank Failures - President Biden has issued a statement urging the federal banking agencies to adopt regulatory reforms...
March 13, 2023
This week, Acting Comptroller of the Currency Michael Hsu delivered remarks, titled “Trust and Global Banking: Lessons for Crypto,” at the Institute of International Bankers’ (“IIB”)...
February 15, 2023
Sen. Elizabeth Warren, D-Mass., specifically called out acting Comptroller of the Currency Michael Hsu, saying that he "needs to learn how to say no to anticompetitive bank mergers."
January 31, 2023
The Acting Comptroller of the OCC discussed the limits of large bank manageability and the steps that regulators can take to address the risks posed by size and complexity. ...
January 23, 2023
Acting Comptroller Hsu continued with how he thought TBTM risks should be addressed – ultimately, through divestitures.