{"id":28031,"date":"2017-05-02T10:04:50","date_gmt":"2017-05-02T10:04:50","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=28031"},"modified":"2017-05-02T10:04:50","modified_gmt":"2017-05-02T10:04:50","slug":"trump-administration-set-to-replace-top-banking-regulator-thomas-curry-wsj","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/trump-administration-set-to-replace-top-banking-regulator-thomas-curry-wsj.html","title":{"rendered":"Trump administration set to replace top banking regulator Thomas Curry: WSJ"},"content":{"rendered":"<h2 style=\"text-align: justify;\">\n\t<strong><span style=\"font-size:22px;\"><span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"color:#000000;\">Trump administration set to replace top banking regulator Thomas Curry: WSJ<\/span><\/span><\/span><\/strong><br \/>\n<\/h2>\n<h2 style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">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.<\/span><\/span><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">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. on.wsj.com\/2oRJcjU<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">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.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">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.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">President Trump is considering Joseph Otting, a former banker at OneWest Bank who worked with Treasury Secretary Steven Mnuchin, to take on the responsibility of this office and replace Curry, the paper said.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">Keith Noreika, a banking lawyer at Simpson Thacher &amp; Bartlett LLP, is being considered as acting comptroller, WSJ said. Noreika was part of Trump&#39;s transition team for Treasury. He also advised Treasury on its $250 billion Troubled Asset Relief Program, or TARP, in 2008.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">The White House and OCC were not immediately available for comment.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"font-size:18px;\"><span style=\"color:#000000;\">Noreika did not immediately respond to an email seeking comment.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:8px;\"><span style=\"font-family:arial,helvetica,sans-serif;\"><span style=\"color:#000000;\">source:-http:\/\/www.reuters.com\/article\/us-usa-trump-banks-curry-idUSKBN17Y098<\/span><\/span><\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/trump-administration-set-to-replace-top-banking-regulator-thomas-curry-wsj.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Trump administration set to replace top banking regulator Thomas Curry: WSJ 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":28033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[8857,14874,13030,17455],"class_list":["post-28031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-breaking-business-news","tag-latest-business-news-today","tag-latest-news-online","tag-trump-administration-set-to-replace-top-banking-regulator-thomas-curry-wsj"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/28031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=28031"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/28031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/28033"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=28031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=28031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=28031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}