Word info

Comptroller of the Currency

Noun

Meaning

the agency of the Treasury Department responsible for controlling the currency

a United States federal official who regulates the national banks

Source: WordNet

Hypernyms

Examples

Currently, the Office of the Comptroller of the Currency (OCC) has an Acting Comptroller Brian Brooks, who is the former Chief Legal Counsel of Coinbase. Source: Internet

In 2010, the bank was forced to submit to another court order secured by its primary regulator, the U.S. Office of the Comptroller of the Currency. Source: Internet

For example, the Federal Reserve and the Office of the Comptroller of the Currency regularly inspect banks, and may impose civil fines or refer matters for criminal prosecution for non-compliance. Source: Internet

The Comptroller of the Currency continues to have significance in the U.S. economy and is responsible for administration and supervision of national banks as well as certain activities of bank subsidiaries (per the Gramm-Leach-Bliley Act of 1999). Source: Internet

The quantity of notes that a bank was allowed to issue was proportional to the bank's level of capital deposited with the Comptroller of the Currency at the Treasury. Source: Internet

According to the these loans have the Fed, the Federal Deposit Insurance Corp. and the Treasury Department's Office of the Comptroller of the Currency and Office of Thrift Supervision all worried because they indicate a loosening of lending standards. Source: Internet

Close letter words and terms