One day after releasing a final rule strengthening and modernizing the agency’s regulations under the Community Reinvestment Act (CRA), Comptroller of the Currency Joseph Otting has announced he will step down from office.
The Office of the Comptroller of the Currency recently made several changes to the CRA proposal that respond to stakeholders’ comments.
Read on to see who has been named acting comptroller and for reaction from House Financial Services Committee Chairwoman Maxine Waters.
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