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John Dugan: Consumer Advocate Or Bank Defender?
In a quote potentially for the ages, John C. Dugan, Comptroller of the Currency since 2005, told the Senate Banking Committee yesterday, enforcement of consumer protection laws “should stay with the...
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O.C.C. Spells Trouble, Again
By Simon Johnson The Office of the Comptroller of the Currency (OCC) is one the most important bank regulators in the United States – an independent agency within the Treasury Department that is...
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Should We Blame Bank Examiners For Slow Job Growth?
By Simon Johnson. My written testimony to House Financial Services, Subcommittee on Financial Institutions and Consumer Credit is here. With unemployment back up to 9.2 percent, in the numbers that...
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