OCC

OCC

Policy

We Don't Need the OCC's 'Political Discrimination' Rule

A proposed OCC rule would stop banks from using political criteria in lending. But with depoliticized funding vehicles now available, it's not necessary, says our columnist.

Payday Loan Companies Face Tougher Regulations

Policy

Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive

The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

U.S. Representative Maxine Waters, who chairs the House Financial Services Committee

Policy

OCC Chief Hints at Coming 'Good' Actions on Crypto by End of Trump's Term

Brooks hinted at a flurry of crypto clarity actions in the next 6 weeks that could drive more institutions into the asset class.

Former Acting Comptroller of the Currency Brian Brooks

Markets

Crypto-Friendly Brooks Gets Nod to Serve 5-Year Term Leading Bank Regulator

Outgoing U.S. President Donald Trump has nominated Acting Comptroller Brian Brooks to a full term leading the bank regulator.

Acting U.S. Comptroller Brian Brooks

Markets

US Representatives Rip OCC, Brooks for 'Excessive Focus' on Crypto

Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic.

 Rep. Rashida Tlaib and Rep. Stephen Lynch wrote the sharp criticism of OCC chief Brian Brooks.

Finance

Blockchain-Based Lender Figure Technologies Applies for US National Bank Charter

If granted, the charter would replace the blockchain-based lender's hodgepodge of state licenses with a single nationwide regulator.

Figure Markets CEO Mike Cagney (Figure)

Markets

US Banks May Seek to Partner With or Buy Crypto Custodians, OCC's Brooks Says

The OCC's July ruling that allowed banks to provide custody spurred the newfound interest, Brooks said.

Brian Brooks

Markets

SoFi Receives Conditional US Regulatory Approval to Establish National Bank

The approval, if made final, opens the door for the new bank to custody cryptocurrencies.

occ logo

Policy

Election 2020: What’s at Stake for the Crypto Industry

While neither major Presidential candidate is campaigning on a crypto platform, who they appoint to head up federal agencies will shape policy for years to come.

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