U.S. President Donald Trump plans to nominate Joseph Otting, a former banking executive and associate of Treasury Secretary Steve Mnuchin, to regulate national banks as comptroller of the currency, the White House said in a statement on Monday. The Office of the Comptroller of the Currency writes money-laundering rules and bank charters and is one of several regulators that monitor the health of Wall Street.

Foreclosure News



Leave a Reply

Your email address will not be published.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