Treasury Secretary Janet Yellen is expected to name Michael Hsu — currently, the associate director of the Federal Reserve’s bank supervision and regulation division — the acting comptroller of the currency, the Wall Street Journal (WSJ) reported Monday (May 3), citing sources. Get the Full...
In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating a free trade zone for eCommerce. Plus, the Office of the Comptroller’s Joseph Otting is stepping down. Get the Full...
The Office of the Comptroller of the Currency (OCC) issued a new guidance encouraging banks to offer responsible short-term, small-dollar loans to their customers. The guidance did not change any regulation, but clarified the regulator’s stance on the loans, Reuters reported. Get the Full Story...
December 09, 2022
Crypto assets are an emerging risk facing banks, a regulatory agency says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]
May 03, 2021
Treasury Secretary Janet Yellen is expected to name Michael Hsu — currently, the associate director of the Federal Reserve’s bank supervision and regulation division — the acting comptroller of the...
May 24, 2018
The Office of the Comptroller of the Currency (OCC) issued a new guidance encouraging banks to offer responsible short-term, small-dollar loans to their customers. The guidance did not change any...
