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Otting Sworn In as Comptroller

Posted on 11/28/2017

Joseph Otting was sworn in yesterday as comptroller of the currency. A former bank CEO in California, Otting replaces Keith Noreika, who served as acting comptroller for several months.

"In my experience, bankers support regulation, but effective regulation evolves with the changing needs of a nation and should be reviewed and modified as those needs change," Otting said. "As comptroller, I look forward to enhancing the value of national bank and federal savings association charters, reducing unnecessary burden, and promoting economic opportunity while maintaining the safety and soundness of the federal banking system."



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