Trump chooses regional banker as key regulator of US banks

Trump announced late Monday he is naming Joseph Otting as comptroller of the currency, heading a Treasury Department agency that is the chief overseer for federally chartered banks. If confirmed by the Senate, Otting will play a role in the Trump administration's efforts to ease rules written under the Dodd-Frank law that stiffened financial regulation after the 2008-09 crisis.

Foreclosure News

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *