Acting Comptroller Testifies on Agency Activities

WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the Office of the Comptroller of the Currency’s (OCC) activities and four critical agency priorities before the Committee on Banking, Housing, and Urban Affairs of the U.S. Senate.

In his testimony, Mr. Hsu discussed the condition of the federal banking system and recent regulatory initiatives. He also discussed the OCC’s work to guard against complacency, adapt to digitalization, manage climate-related financial risk, and promote fairness in banking.

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