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 of steadfast service to the American public. The report highlights the OCC’s work to advance its four priorities—guarding against complacency, reducing inequality, adapting to digitalization, and acting on climate-related financial risks—which collectively focus the OCC’s efforts on maintaining the public’s trust in banking.
WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the Office of the Comptroller of the…
Guidance Provides Additional Clarification Around Eligibility Determination for Domestic Content Bonus in the Inflation Reduction…
Strategy Highlights Recent Reforms to Close Loopholes Exploited by Illicit Actors; Recommendations Include Increasing Transparency,…
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…
WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the Office of the Comptroller of the…
As Prepared for DeliveryGood afternoon, Committee members, Tribal leaders, and attendees.It’s a privilege to meet…