Davis Polk partner Dan Stipano was recently quoted in American Banker discussing how a more hands-on OCC chief could change bank supervision. Dan said that it is not uncommon for the OCC’s politically appointed leaders to feel “somewhat disconnected from the day-to-day work of the agency.” However, he noted the importance of the OCC chief being able to effectively oversee the bank supervision function and be comfortable with the supervisory and enforcement decisions being made.

“How a more hands-on OCC chief could change bank supervision,” American Banker (July 21, 2021) (subscription required)

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