Trump to Nominate Banker Joseph Otting to head OCC

The OCC regulates national banks and has some power over consumer protection issues. The Financial Times has the story here. Excerpt: 

If confirmed by the Senate, Mr Otting is likely to be “a reliable ally” for Mr Mnuchin and “a steady proponent for bank deregulation”, said Isaac Boltansky, analyst at Compass Point in Washington.

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