Tag: resolution_planning
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OCC Comptroller Gould Votes Against Resolution Plan Feedback for American Express, Calls for Dodd-Frank Reforms
Comptroller of the Currency Jonathan V. Gould voted against joint FDIC and Federal Reserve resolution plan feedback to American Express, saying the process remains unclear and unfair and urging reforms to Section 165(d).
BusinessPolitics and GovernmentUSABankingFederal GovernmentFinancial MarketsLegal Jonathan V. GouldOffice of the Comptroller of the CurrencyAmerican ExpressFederal Deposit Insurance CorporationFederal Reserve BoardDodd-Frank Act Section 165(d)Resolution PlanningOffice of the Comptroller of the Currency (OCC)
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Comptroller Gould Details Votes on Key FDIC Financial Regulations
Comptroller Jonathan V. Gould outlined his votes at the FDIC board meeting, supporting proposals on resolution planning, deposit insurance assessments, and confidential supervisory information disclosure, while also urging further improvements and public comment.
Politics and GovernmentBusinessFederal GovernmentBankingEconomyLegal Jonathan V. GouldFDICOCCResolution PlanningDeposit Insurance AssessmentsConfidential Supervisory InformationFinancial RegulationOffice of the Comptroller of the Currency (OCC)
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Comptroller Gould Abstains from FDIC Vote, Citing Flaws in Resolution Planning
Comptroller Jonathan V. Gould abstained from an FDIC vote on resolution plans, citing "fundamental issues" and an "extralegal process." He advocates for significant reforms to address flawed planning and burdensome requirements.
BusinessPolitics and GovernmentEconomyBankingFederal GovernmentLegalFinancial Markets Jonathan V. GouldOffice of the Comptroller of the CurrencyFederal Deposit Insurance CorporationResolution PlanningDodd-Frank ActBanking RegulationFinancial ServicesOffice of the Comptroller of the Currency (OCC)