Comptroller Brian Brooks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

July’s monthly jobs report, out today, is a bit more vital given widespread confusion over when we might hit a recession.

A draft letter obtained by American Banker would ask acting Comptroller Michael Hsu to rescind several interpretive letters issued during and following the Trump administration that gave banks cover to pursue certain crypto activities.  

District attorneys in the Golden State are tangling with Credit One Bank over its debt-collection practices. The bank says the prosecutors have overstepped, but Democratic Attorney General Rob Bonta argues that the legal action should continue.

The Office of the Comptroller of the Currency reaffirmed national banks' ability to offer cryptocurrency services — with the caveat that its permission is necessary. Meanwhile, it joined other regulators in previewing additional crypto-related guidance.

POLITICO Sherrod Brown presses Biden bank cop to take harder line on cryptocurrency In a letter, the Ohio Democrat warned against granting federal charters to companies trying to expand access to “risky and unproven” digital assets and technologies. Sen. Sherrod Brown asked the acting comptroller to reconsider recent decisions to let three crypto firms become national trust banks. | Samuel Corum/Getty Images Updated: Link Copied Senate Banking Chair Sherrod Brown on Wednesday urged the Biden administration’s new bank cop to halt regulatory moves that make it easier for cryptocurrency c...