OTS head hits back at OCC merger plans

The US Office of Thrift Supervision has come out in staunch opposition to proposals by the Obama administration to merge the regulator with the Office of the Comptroller of the Currency, calling the efforts “an attempt to pound a square peg into a round hole”.

Testifying before the House Committee on Financial Services yesterday, acting director of the OTS John Bowman hit out at the merger plans just minutes after a testimony from John Dugan, comptroller of the currency, in which he confirmed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here