Acting Comptroller of the Currency Issues Statement on Large Bank Resolution Plans

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu, in his capacity as a Federal Deposit Insurance Corporation (FDIC) board member, today released the following statement on the FDIC’s review of the eight largest and most complex domestic banking organizations’ 2021 resolution plans. The collaborative review of the plans by the FDIC and Federal Reserve Board […]

Acting Comptroller Issues Statement on FDIC and Federal Reserve Board ANPR on Resolution-Related Resource Requirements for Large Banking Organizations

News Release 2022-129 | October 18, 2022 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following statement at the Federal Deposit Insurance Corporation (FDIC) board meeting: I support the FDIC’s joint issuance with the Federal Reserve of this Advance Notice of Proposed Rulemaking (ANPR) on resolution-related resource requirements for large […]

Comptroller of the Currency Statement on the House Financial Services Committee’s Report on Wells Fargo

News Release 2020-26 | March 5, 2020 Share This Page: WASHINGTON — Comptroller of the Currency Joseph M. Otting today issued the following statement regarding the recent House Financial Services Committee’s report on Wells Fargo. The Office of the Comptroller of the Currency shares the House Financial Services Committee’s commitment to ensuring all banks operate in […]