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Brian Brooks defends fintech charter to House Financial Services Committee

Brian Brooks defends fintech charter to House Financial Services Committee Brian Brooks has defended the fintech charter he oversaw while heading the OCC, warning heavy-handed crypto regulations could undermine U.S. competitiveness globally. 7378 Total views News Brian Brooks has defended the fintech banking charter introduced while he served as the acting comptroller of the currency after Congressional Democrats took aim at the license on Thursday. Brian appeared as a witness before ...
United States Abraham Lincoln Brad Sherman Maxine Waters House Financial Services Committee Trends In Financial Institution Charters

OCC fintech charter expected to receive attention at April 15 House hearing on banking innovation | Ballard Spahr LLP

the Committee Memorandum, another topic that could receive attention at the hearing is the recently-introduced resolution under the Congressional Review Act to overturn the OCC’s “true lender” final rule.  The rule addresses when a national bank or federal savings association should be considered the “true lender” in the context of a partnership with a third party. The scheduled witnesses include Brian Brooks, the former Acting Comptroller of the Currency.  The other scheduled witn...
United States Erik Gerding Carlos Pacheco Asa Griggs Candler Kristin Johnson Yale Law School

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