‘We Were Willing to Shock Historical Norms:’ Otting on OCC’s Makeover

American Banker, May 19, 2019–Rachel Witkowski (subscription)
For a year and a half, Comptroller of the Currency Joseph Otting has conducted an overhaul of key processes – reforming bank supervision, changing certain aspects of the comptroller’s role at the agency and aiming to cut $20 million in expenses by the end of 2019.