WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following statement at the Financial Stability Oversight Council (FSOC) meeting: Madam Secretary, we have seen a number of stresses and challenges in the financial system this past year. I would like to thank you for your strong and committed leadership of the Council during […]
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OCC Issues Annual Report for 2023
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published its 2023 Annual Report. The OCC Annual Report provides Congress with an overview of the condition of the federal banking system, discusses the OCC’s strategic priorities and initiatives, and shares the agency’s financial management and condition. In 2023, the OCC marked its 160th anniversary […]
Acting Comptroller Issues Statement at Financial Stability Oversight Council Meeting on Nonbank Designations Guidance
WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following at the Financial Stability Oversight Council (FSOC) meeting: Thank you, Madam Secretary, for your leadership of the Council on this issue. I strongly support the adoption of the Nonbank Designations Guidance and analytic framework. The Dodd-Frank Act provides the Council with a number […]
Monica Fuentes Freas Named Deputy Comptroller for Large Bank Supervision
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the selection of Monica Fuentes Freas as a Deputy Comptroller for Large Bank Supervision (LBS). In this role, Ms. Freas will manage the supervision of a portion of the OCC’s large bank portfolio. She joins three other Deputies for Large Bank Supervision providing oversight […]
OCC Announces Executive Director for Office of Minority and Women Inclusion
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced Shinu Shilesh as the Executive Director for the agency’s Office of Minority and Women Inclusion. In this role, Ms. Shilesh provides executive direction, sets policies, and oversees all agency matters relating to equal employment opportunity, diversity, equity, inclusion, and accessibility in management, employment, and […]
OCC Establishes Office of Financial Technology
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the establishment of its Office of Financial Technology and the selection of Prashant Bhardwaj to lead the office as Deputy Comptroller and Chief Financial Technology Officer, effective April 10, 2023. In October 2022, the OCC announced that it would expand upon its Office of […]
Acting Comptroller, Former Agency Leaders Celebrate the OCC’s 160th Anniversary
WASHINGTON— Acting Comptroller of the Currency Michael J. Hsu today hosted former Comptrollers and Acting Comptrollers to mark the Office of the Comptroller of the Currency’s (OCC) 160th anniversary of overseeing the federal banking system. Seven former agency leaders joined Acting Comptroller Hsu to reflect on their tenures leading the agency and discuss the value […]
Kristen Baldwin Named OCC Chief Information Officer
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the selection of Kristen Baldwin to be the agency’s Chief Information Officer (CIO), effective February 26, 2023. As CIO, Ms. Baldwin will lead all OCC information technology (IT) programs, supporting the agency’s mission of ensuring that national banks and federal savings associations operate in […]
OCC Announces Deputy Comptroller for Systemic Risk Identification and Support
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced Melissa Love-Greenfield as Deputy Comptroller for Systemic Risk Identification and Support (SyRIS) within the Supervision Risk & Analysis division. She will assume these duties January 29, 2023. In this role, Ms. Love-Greenfield will oversee the staff responsible for identifying, evaluating, and holistically […]
OCC Issues Annual Report for 2022
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published its 2022 Annual Report. The OCC Annual Report provides Congress with an overview of the condition of the federal banking system, discusses the OCC’s strategic priorities and initiatives, and shares the agency’s financial management and condition. The report specifically highlights the OCC’s work to […]