May 2, 2017
The Trump administration plans to replace Comptroller of the Currency Thomas Curry as chief overseer of federally chartered banks, the Wall Street Journal reported on Monday.
The change, which could happen as soon as this week, could lead to President Donald Trump replacing Curry with an acting head of the agency, WSJ reported, citing people familiar with the matter.
The Office of the Comptroller of the Currency (OCC), which oversees the federal banking system, administers hundreds of bank supervisors stationed inside large U.S. financial firms.
Curry, appointed by the Obama administration for a five-year term that expired in April, could remain in the role until a new appointment is made.
This article was posted: Tuesday, May 2, 2017 at 8:35 am